New search
Property profile & analytics
FOR SALE
Flex space
2765 Lexington Way San Bernardino, CA 92407
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-1237093
For Sale
1 / 3
Contact for pricing
2765 Lexington Way, San Bernardino, CA 92407
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1984
Construction
STEEL FRAME
Total area
96,176 SF
Lot
18.55 ac (807,898 SF)
APN
0266-362-26-0000
UPID
US10-1237093
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
-
Mars Petcare Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rlf IV West LLC · 3 yrs held
Rlf IV West LLC
since 2022
Last sale
$48.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$607,585
Tax year 2024
Assessed value
$48,960,000
Assessed 2024
Previous assessed
$48,960,000
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$8,160,000
Assessed improvement
$40,800,000
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
For Sale
Year built
1984
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
1
Total area
96,176 SF
Lot
18.55 ac (807,898 SF)
APN
0266-362-26-0000
UPID
US10-1237093
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
Building & site characteristics
From public records
Year built
1984
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
1
Lot
18.55 ac
Current owner
From public records · entity-resolved
Rlf IV West LLC
Entity
Free & Clear · 3 yrs held
Mailing address
201 WW ST STE #200, ANNAPOLIS, MD 21401-4656
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2022
$48,000,000
Rlf IV West LLC
Red Collar Pet Foods LLC
Grant Deed
—
Oct 23, 2020
—
Red Collar Pet Foons INC
—
Deed
related
$150,000 · Bank Of Montreal
Mar 11, 2019
—
Red Collar Pet Foods INC
—
Deed
related
—
Dec 6, 2018
$5,776,000
Red Collar Pet Foods INC
Mars Petcare Us INC
Grant Deed
—
Jan 6, 2017
—
Mars Petcare Us INC
Mars Petcare Us INC
Quit Claim Deed
related
—
Feb 10, 2000
$1,055,000
Doane Pet Care Co
Wang,h R & Vivine C
Grant Deed
—
—
—
Red Collar Pet Foods INC
—
Deed Of Trust
related
—
—
—
Red Collar Pet Foons INC
—
Deed Of Trust
related
$150,000 · Bank Of Montreal
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
