Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2764 Vis Ave Bloomington, CA 92316-3270
    Back to Search
    Property profile & analytics

    2764 Vis Ave, Bloomington, CA 92316-3270

    View on Map
    • Warehouses
    • 11,704 SF
    • 0.64 lot acres
    Off-Market
    Last Sale Jan 4, 2023
    $3,100,000
    Property ID
    US10-0798954
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $3,380,000
    Show details
    Cap Rate Potential
    2.7%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 2764 Vis Ave

    Year built
    2006
    Construction
    STEEL FRAME
    Lot size
    0.64 lot acres
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    0258-171-55-0000
    APU
    258171550000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 27, 2023 — Locust Building LLC — Deed · related $1.5M · Pacific Western National Bank
    Jan 4, 2023 — Locust Building LLC 700 New York LLC Quit Claim Deed · related —
    Aug 1, 2022 $3,100,000 700 New York LLC Robert Stone Grant Deed —
    Nov 12, 2021 — Robert Stone — Deed · related $2.8M · American Business Bank
    Apr 28, 2017 — Robert Stone — Deed · related $725k · California United Bank
    Apr 20, 2017 — Robert Stone — Deed · related $720k · California United Bank
    Jun 4, 2012 — Robert Stone Stone,danille Quit Claim Deed · related —
    Jun 4, 2012 $194,000 Robert Stone Montiel,shelli L Grant Deed $194k · Shelli L Montiel
    Jun 7, 2007 — Montiel Richard Living Trust Montiel,richard H Quit Claim Deed · related —
    Oct 6, 2006 $1,206,500 Richard Montiel Lilac Avenue Rialto Props LLC Grant Deed $683k · Citizens Business Bank
    Jan 12, 2006 $1,497,500 Lilac Avenue Rialto LLC Asna INC Grant Deed —
    — — Richard Montiel — Deed Of Trust · related $422k · Enterprise Funding
    — — Richard Montiel — Deed Of Trust · related $422k · Enterprise Funding
    — — Robert J Stone — Deed Of Trust · related —
    — — Robert Stone — Deed Of Trust · related $194k · Shelli L Montiel

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $3,795,000
      ML approach
      $3,525,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    San Bernardino
    State
    California
    Longitude
    -117.378
    Latitude
    34.0503
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $38,192
    $510,000
    $2,652,000
    $3,162,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,985,000
      29,120 SF

      12771 Brown Ave

      MINI-WAREHOUSE, STORAGE
      12771 Brown Ave, Bloomington, CA 92316
      View Details
    • Value Estimation
      $2,745,000
      42,360 SF

      2625 Willow Ave

      MINI-WAREHOUSE, STORAGE
      2625 Willow Ave, Bloomington, CA 92316-3258
      View Details
    • Value Estimation
      $790,000
      11,524 SF

      2675 Willow Ave

      MINI-WAREHOUSE, STORAGE
      2675 Willow Ave, Bloomington, CA 92316-3258
      View Details
    • Value Estimation by Request
      620 SF

      18041 Vly Blvd

      MINI-WAREHOUSE, STORAGE
      18041 Vly Blvd, Bloomington, CA 92316-1954
      View Details
    • Value Estimation by Request
      2,250 SF

      18876 7th St

      MINI-WAREHOUSE, STORAGE
      18876 7th St, Bloomington, CA 92316
      View Details
    • Value Estimation
      $635,000
      9,150 SF

      2741 Lilac Ave

      MINI-WAREHOUSE, STORAGE
      2741 Lilac Ave, Bloomington, CA 92316-3213
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      20,559 SF

      Industrial Building with Fenced Yard

      20,559 SF industrial building on 0.81 acres with yard.
      169 W Mindanao St, Rialto, CA 92316
      View Details
    • Contact for pricing
      47,809 SF

      Transloading Warehouse with Trailer Stalls

      47,809 SF warehouse with 85 dock positions and office.
      2238 S Lilac Ave, Bloomington, CA 92316
      View Details
    • Contact for pricing
      42,408 SF

      Industrial Building Under Construction

      Industrial building under construction with office space and high ceilings.
      W Resource Dr, Rialto, CA 92316
      View Details
    • Contact for pricing
      16,850 SF

      Rialto Industrial Building on Acreage

      Freestanding industrial building on 3.93 acres near freeways.
      2809 S Willow Ave, Rialto, CA 92316
      View Details
    • $465,000
      0.50 Acres

      Bloomington Commercial Lot with Home

      Commercial lot with home and business potential near I-10.
      17860 Taylor Ave, Bloomington, CA 92316
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      259,473 SF

      Bloomington Distribution Warehouse for Lease

      259,473 SF distribution warehouse with convenient freeway access.
      17713 Slover Ave, Bloomington, CA 92316
      View Details
    • Contact for pricing
      174,780 SF

      Industrial Building with Secured Yard

      Industrial building featuring a secured yard and convenient freeway access.
      10380 Alder Ave, Bloomington, CA 92316
      View Details
    • Contact for pricing

      Bloomington Distribution Warehouse Available

      Distribution warehouse with spec office space and truck court.
      19275 Slover Ave, Bloomington, CA 92316
      View Details
    • Contact for pricing
      211,115 SF

      Rialto Warehouse with Secured Truck

      402,924 SF warehouse with secured truck court for lease.
      562-568 W Santa Ana Ave, Rialto, CA 92316
      View Details
    • Contact for pricing
      399,992 SF

      Fontana Logistics Center For Lease

      Planned 401,841 SF distribution center with 40' clearance.
      11339 Locust Ave, Fontana, CA 92316
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2764 Vis Ave
    Bloomington, CA 92316-3270
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2764 Vis Ave, Bloomington, CA, 92316
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!