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Property profile & analytics
OFF-MARKET
Estimated value
$52,000,000
Distribution centers
3351 Philadelphia St Ontario, CA 91761-8531
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-1196831
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
202,046 SF
Lot
9.5 ac (413,820 SF)
APN
0211-275-38-0000
UPID
US10-1196831
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
-
Great China Corporate Office
-
Blue Sail Logistics Logistics Company Freight Service
-
Grace Album Corp. Warehouse & Storage
-
Red Forest Trading Inc Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$52.00M
CAP Approach
CAP
$46.53M
Comparable Approach
Comparable
$36.79M
Blend (final)
Blend
$52.00M
Owner & transaction history
Stockbridge 3351 E Philadelphia St · 2 yrs held
Stockbridge 3351 E Philadelphia St
since 2024
Last sale
$52.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$68.1M
+29.5%
Auto repair, garage
$61.5M
+16.9%
Medical building
$58.5M
+11.1%
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
$52,000,000
ML approach
$52,000,000
CAP Approach
CAP Return
Estimation
6%
$50,400,000
6.5%
$46,525,000
7%
$43,200,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$52,610,000
Current use
INDUSTRIAL (GENERAL)
$68,110,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$61,515,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$58,460,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$54,390,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$52.00M
Range $46.80M – $57.20M · ±10% · vs last sale $52.00M (May 3 2024)
Last sale anchor
$52.00M
May 3 2024
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
$257 / 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
$121,338
Tax year 2024
Assessed value
$11,286,146
Assessed 2024
Previous assessed
$11,286,146
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$2,228,641
Assessed improvement
$9,057,505
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
202,046 SF
Lot
9.5 ac (413,820 SF)
APN
0211-275-38-0000
UPID
US10-1196831
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
WAREHOUSE, STORAGE Current
Est. value
$52.6M
INDUSTRIAL (GENERAL)
Est. value
$68.1M
AUTO REPAIR, GARAGE
Est. value
$61.5M
MEDICAL BUILDING
Est. value
$58.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$54.4M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
9.5 ac
Current owner
From public records · entity-resolved
Stockbridge 3351 E Philadelphia St
Individual
Free & Clear · 2 yrs held
Mailing address
4 EMBARCADERO CTR STE #3300, SAN FRANCISCO, CA 94111-4184
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2024
—
Stockbridge 3351 E Philadelphia St
—
Deed
related
$74,200,000 · Sdf Reit Holdco Trs LLC
May 3, 2024
$52,000,000
Stockbridge 3351 E Philadelphia St
Uspp 3351 Philadelphia LLC
Grant Deed
—
Jan 4, 2021
—
Uspp 3351 Philadelphia LLC
Principal Life Ins Co
Quit Claim Deed
—
Feb 10, 1999
—
Life Ins Principal
Panattoni,carl D Etal
Grant Deed
related
—
Nov 12, 1997
$1,435,000
Carl D Panattoni
Saratoga Properties INC
Grant Deed
—
Jul 23, 1997
—
Saratoga Properties INC
Mission/ontario INC
Grant Deed
$5,317,500 · Wells Fargo Bank
Mar 8, 1994
—
Ontario Mission
—
Deed Of Trust
related
—
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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