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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Office Spaces
28059 Lks Edge Rd Lake Arrowhead, CA 92352
Individually Owned
8-yr Hold
Free & Clear
Property ID
US10-0977662
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1928
Construction
FRAME
Total area
1,229 SF
Lot
0.19 ac (8,449 SF)
APN
0335-113-17-0000
UPID
US10-0977662
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$345k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$662k
Blend (final)
Blend
$500k
Owner & transaction history
Stephen C Duringer · 8 yrs held
Stephen C Duringer
since 2018
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$535,000
+26.4%
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 Lake Arrowhead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Arrowhead 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
$345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$425,000
Current use
OFFICE BUILDING
$535,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$375,000
Change: -12% · Conversion: Difficult
MEDICAL BUILDING
$355,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$500k
Range $450k – $550k · ±10%
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
$407 / 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
$7,288
Tax year 2023
Assessed value
$662,794
Assessed 2024
Previous assessed
$649,798
+2.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$232,319
Assessed improvement
$430,475
Applied tax rate
105.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1928
Construction
FRAME
Heating
FLOOR/WALL FURNACE
Cooling
NONE
Stories
2
Rooms
6
Bathrooms
1
Total area
1,229 SF
Lot
0.19 ac (8,449 SF)
APN
0335-113-17-0000
UPID
US10-0977662
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
COMMERCIAL (GENERAL) Current
Est. value
$425,000
OFFICE BUILDING
Est. value
$535,000
AUTO REPAIR, GARAGE
Est. value
$375,000
MEDICAL BUILDING
Est. value
$355,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
FRAME
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
2
Rooms
6
Bathrooms
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Stephen C Duringer
Individual
Free & Clear · 8 yrs held
Mailing address
PO BOX 1012, TWIN PEAKS, CA 92391-1012
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2018
—
Stephen C Duringer
Arrowhead Woods Architectural
Quit Claim Deed
related
—
Jan 28, 2005
$485,000
Stephen C Duringer
Wilson,david W
Grant Deed
—
Sep 25, 2001
$275,000
David W Wilson
Strohmeier Trust
Grant Deed
$192,500 · Vineyard Bank
Oct 27, 1995
$128,000
Strohmeier Trust
Bauer,ralph L & Anna M
Grant Deed
related
$78,000 · Seller
—
—
Strohmeier Trust
—
Deed Of Trust
related
$186,768 · Bank Of America
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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