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Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Flex space
274 I St San Bernardino, CA 92410-1841
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-1498656
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1928
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,900 SF
Lot
0.32 ac (14,138 SF)
APN
0138-273-08-0000
UPID
US09-1498656
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Big Z Auto Works Auto Repair Shop
-
ProColor Collision San Bernardino Auto Repair Shop
-
Des Construction Inc Construction Company General Contractor
-
Chuck's Truck Auto Repair Shop Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.87M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.32M
Owner & transaction history
Michael Y Oh · 6 yrs held
Michael Y Oh
since 2020
Last sale
$2.5M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.9M
+74.4%
Medical building
$3.7M
+68.7%
Neighborhood: shopping center
$3.5M
+56.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Bernardino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Bernardino submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,030,000
6.5%
$1,870,000
7%
$1,740,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,215,000
Current use
COMMERCIAL (GENERAL)
$3,860,000
Change: +74% · Conversion: Difficult
MEDICAL BUILDING
$3,730,000
Change: +69% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,475,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,585,000
Change: +17% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,580,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±10% · vs last sale $2.48M (Jan 22 2020)
Last sale anchor
$2.48M
Jan 22 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$180 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,019
Tax year 2023
Assessed value
$473,032
Assessed 2023
Previous assessed
$473,032
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$241,772
Assessed improvement
$231,260
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1928
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
2
Rooms
5
Bathrooms
1
Total area
12,900 SF
Lot
0.32 ac (14,138 SF)
APN
0138-273-08-0000
UPID
US09-1498656
Jurisdiction
SAN BERNARDINO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1928
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
2
Rooms
5
Bathrooms
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Michael Y Oh
Individual
Mailing address
73444 IRONWOOD ST, PALM DESERT, CA 92260-5593
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2020
$2,475,000
Michael Y Oh
Fc Services INC
Grant Deed
$1,856,250 · Mechanics Bank
Jan 22, 2020
—
Michael Y Oh
An K Oh
Quit Claim Deed
related
—
Aug 30, 2017
$229,000
Fc Services INC
Nassour,william E II
Grant Deed
—
Apr 25, 2014
—
Nickles Living Trust
Nickles,marshall D
Quit Claim Deed
related
—
Jun 29, 2011
—
John & Marlene Family Trust
Tatum,marlene
Grant Deed
related
—
Aug 3, 2009
—
Marshall D Nickles
Corey Baheea Trust
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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