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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Grocery and convenience stores
2928 Duffy St San Bernardino, CA 92407-6310
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US10-1489630
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,290 SF
Lot
0.67 ac (28,975 SF)
APN
0268-011-16-0000
UPID
US10-1489630
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
-
Jimmie's Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.31M
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.20M
Owner & transaction history
George Barakat · 19 yrs held
George Barakat
since 2007
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.9M
+89.2%
Medical building
$1.8M
+81.8%
Neighborhood: shopping center
$1.7M
+69.2%
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%
$1,420,000
6.5%
$1,310,000
7%
$1,215,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,000,000
Current use
COMMERCIAL (GENERAL)
$1,895,000
Change: +89% · Conversion: Easy
MEDICAL BUILDING
$1,820,000
Change: +82% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,695,000
Change: +69% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,260,000
Change: +26% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,260,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±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
$190 / 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
$13,581
Tax year 2023
Assessed value
$1,313,523
Assessed 2024
Previous assessed
$1,084,000
+21.2% YoY
Effective rate
1.03%
On assessed value
Assessed land
$328,381
Assessed improvement
$985,142
Applied tax rate
107.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
6,290 SF
Lot
0.67 ac (28,975 SF)
APN
0268-011-16-0000
UPID
US10-1489630
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
RETAIL STORES Current
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.9M
MEDICAL BUILDING
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
RETAIL STORES 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
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
George Barakat
Individual
Mailing address
16620 WINTUN RD, APPLE VALLEY, CA 92307-1510
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2026
—
Vb S1 Assets LLC
—
Deed
related
$40,282 · Deutsche Bank Trust Co Americas
Nov 10, 2021
—
George Barakat
—
Deed
related
$465,000 · Wells Fargo Bank NA
Aug 24, 2016
—
George Barakat
—
Deed
related
$487,500 · Wells Fargo Bank NA
Jan 29, 2007
$1,000,000
George Barakat
Jamal Jabbar Ghanem
Grant Deed
$730,000 · Greenpoint Mortgage Funding INC
Nov 1, 2006
$500,000
Ghanem J Jabbar
Jabbar,jamil Z
Grant Deed
related
—
Jan 20, 2004
—
Jamil Z Jabbar
Jabbar,munir
Quit Claim Deed
related
—
Mar 22, 1988
$75,000
Munir Jabbar
Hasan
Grant Deed
$50,000 · Investors Thrift
—
—
Munir Jabbar
—
Deed Of Trust
related
$200,000 · Imperial Thrift & Loan
—
—
Munir J Jabbar
—
Deed Of Trust
related
$204,750 · Bmc Mortgage Co
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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