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Property profile & analytics
OFF-MARKET
Estimated value
$4,270,000
Warehouses
331 Sultana Ave Ontario, CA 91764-4101
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1612915
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1979
Construction
STEEL FRAME
Total area
28,085 SF
Lot
0.96 ac (41,768 SF)
APN
1049-231-27-0000
UPID
US10-1612915
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
$4.64M
CAP Approach
CAP
$4.96M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.27M
Owner & transaction history
Daniel Salazar · 4 yrs held
Daniel Salazar
since 2022
Last sale
$3.8M
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 Ontario submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ontario 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
$4,160,000
ML approach
$4,640,000
CAP Approach
CAP Return
Estimation
6%
$5,370,000
6.5%
$4,955,000
7%
$4,605,000
Blend value · Realmo final
$4.27M
Range $3.84M – $4.70M · ±10% · vs last sale $3.80M (Jun 29 2022)
Last sale anchor
$3.80M
Jun 29 2022
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
$152 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$44,013
Tax year 2024
Assessed value
$4,032,590
Assessed 2024
Previous assessed
$4,032,590
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,241,613
Assessed improvement
$2,790,977
Applied tax rate
4.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Rooms
6
Bathrooms
1
Total area
28,085 SF
Lot
0.96 ac (41,768 SF)
APN
1049-231-27-0000
UPID
US10-1612915
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
1979
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Rooms
6
Bathrooms
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Daniel Salazar
Individual
Mailing address
401 S SULTANA AVE, ONTARIO, CA 91761-1661
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2022
—
Daniel Salazar
Daniel Salazar
Intrafamily Transfer
related
—
Jun 15, 2021
$3,800,000
Daniel Salazar
Estradda Investment Group LLC
Grant Deed
$1,930,000 · Cit Bank NA
Jun 15, 2021
—
Cit Bank NA
Daniel Salazar
Assignment Of Lease (leasehold Sale)
related
$1,527,000 · Cit Bank NA
Nov 13, 2019
—
Estrada Investment Group LLC
—
Deed
related
$1,600,000 · Cit Bank NA
Nov 7, 2019
$3,150,000
Estrada Investment Group LLC
Francisco J Villalon
Grant Deed
$1,600,000 · Cit Bank NA
Nov 7, 2019
—
Estrada Investment Group LLC
—
Deed
related
$1,257,000 · Cit Bk NA
Apr 13, 2015
—
Villalon,francisco J & Xochitl
—
Trustees Deed
related
$320,000 · Image Finance LLC Image Finance LLC
Oct 24, 2014
—
Francisco J Villalon
—
Trustees Deed
related
$450,000 · Image Finance LLC Image Finance LLC
Aug 7, 2014
$1,400,000
Francisco J Villalon
Dayco Funding Corporation
Grant Deed
$1,190,000 · Dayco Funding Corporation
Jul 26, 2013
$400,000
Dayco Fndg Corp
Imperial Mortgage Corp
Trustees Deed
related
—
Oct 10, 2012
$300,169
Dayco Fndg Corp
Imperial Mortgage Corp
Trustees Deed
related
—
Dec 1, 2006
$1,480,000
J R G Properties LLC
Joseph S Secard
Grant Deed
$591,000 · Southland Economic Development Corp
May 3, 2004
—
Secard,tr
Secard,joseph S & Mary A
Quit Claim Deed
related
—
Jul 22, 1992
$400,000
Joseph S Secard
Burbank,historic
Grant Deed
—
Mar 31, 1992
—
Historic Burbank
—
Deed Of Trust
related
—
—
—
Jrg Properties LLC
—
Deed Of Trust
related
$64,000 · Dayco Funding Corp
—
—
Estrada Investment Group LLC
—
Deed Of Trust
related
$1,257,000 · Cit Bk NA
—
—
Jrg Properties LLC
—
Deed Of Trust
related
$100,000 · Dayco Funding Corp
—
—
Estrada Investment Group LLC
—
Deed Of Trust
related
$1,293,000 · California Statewide Certified
—
—
Sultana Business Center LLC
—
Deed Of Trust
related
$2,022,100 · Bank Of The West
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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