Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Apartment buildings
306 Bond St Redlands, CA 92373-5039
Individually Owned
Property ID
US10-1547443
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Construction
WOOD FRAME
Total area
3,850 SF
Lot
0.4 ac (17,500 SF)
APN
0172-201-27-0000
UPID
US10-1547443
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
$405k
CAP Approach
CAP
$525k
Comparable Approach
Comparable
$549k
Blend (final)
Blend
$570k
Owner & transaction history
Albert & Angelica Castro Living Tru
Albert & Angelica Castro Living Tru
since 2026
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$855,000
+4.2%
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 Redlands submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redlands 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
$405,000
CAP Approach
CAP Return
Estimation
6%
$570,000
6.5%
$525,000
7%
$485,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$820,000
Current use
RETAIL STORES
$855,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $600k (Feb 11 2026)
Last sale anchor
$600k
Feb 11 2026
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
$148 / 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
$3,761
Tax year 2023
Assessed value
$307,399
Assessed 2024
Previous assessed
$301,371
+2.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$76,850
Assessed improvement
$230,549
Applied tax rate
5.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1959
Construction
WOOD FRAME
Heating
NONE
Units
5
Total area
3,850 SF
Lot
0.4 ac (17,500 SF)
APN
0172-201-27-0000
UPID
US10-1547443
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$820,000
RETAIL STORES
Est. value
$855,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
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
1959
Construction
WOOD FRAME
Heating
NONE
Units
5
Lot
0.4 ac
Current owner
From public records · entity-resolved
Albert & Angelica Castro Living Tru
Individual
Mailing address
733 E MARIPOSA DR, REDLANDS, CA 92373-7494
Ownership since
2026
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
Feb 11, 2026
$600,000
Albert & Angelica Castro Living Tru
The Randall & Lora Comstock Living
Grant Deed
—
May 7, 2019
—
Comstock,r & L 2019 L Trust
Comstock,randy L & Lora E
Quit Claim Deed
related
—
Oct 26, 2011
—
Castro A & A 2011 Living Trust
Castro,albert & Angelica R
Quit Claim Deed
related
—
Dec 4, 1998
$200,000
Albert Castro
Fidelity Federal Bank
Grant Deed
—
Jul 17, 1998
$161,000
Fidelity Federal Bank
Beard,lawrence E & Teresa D
Trustees Deed
related
—
Aug 25, 1994
$1,000
Lois A Lee
Beard,lawrence E
Grant Deed
related
—
May 21, 1991
$290,000
Lawrence Beard
Ccd Trading INC
Grant Deed
$211,500 · Fidelity Federal Bank
—
—
Albert Castro
—
Deed Of Trust
related
$72,417 · Citizens Business Bank
—
—
Albert Castro
—
Deed Of Trust
related
$100,000 · Citizens Business Bank
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?”
You own 306 Bond St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
