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Property profile & analytics
OFF-MARKET
Estimated value
$9,405,000
Flex space
377 Kansas St Redlands, CA 92373-8153
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0919462
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
70,320 SF
Lot
3.34 ac (145,700 SF)
APN
0292-191-13-0000
UPID
US10-0919462
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
-
Emergency Home Plumbing Plumbing Service Building Supply
-
Custom Material Sales Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.95M
CAP Approach
CAP
$8.89M
Comparable Approach
Comparable
$11.94M
Blend (final)
Blend
$9.41M
Owner & transaction history
C M J Brothers Corp · 5 yrs held
C M J Brothers Corp
since 2020
Last sale
$6.7M
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 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
$11,255,000
ML approach
$10,950,000
CAP Approach
CAP Return
Estimation
6%
$9,625,000
6.5%
$8,885,000
7%
$8,250,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$14,360,000
Current use
Blend value · Realmo final
$9.41M
Range $8.46M – $10.35M · ±10% · vs last sale $6.70M (Aug 14 2020)
Last sale anchor
$6.70M
Aug 14 2020
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
$134 / 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
$83,771
Tax year 2024
Assessed value
$7,110,094
Assessed 2024
Previous assessed
$7,110,094
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,591,812
Assessed improvement
$5,518,282
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
2
Total area
70,320 SF
Lot
3.34 ac (145,700 SF)
APN
0292-191-13-0000
UPID
US10-0919462
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
INDUSTRIAL (GENERAL) Current
Est. value
$14.4M
INDUSTRIAL (GENERAL) Current
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
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
2
Lot
3.34 ac
Current owner
From public records · entity-resolved
C M J Brothers Corp
Entity
Mailing address
7608 ALONDRA BLVD, PARAMOUNT, CA 90723-4102
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
May 5, 2026
—
C M J Brothers Corp
—
Deed
related
$2,450,000 · First Citizens Bank And Trust Company
Aug 28, 2020
—
C M J Brothers Corp
—
Deed
related
$3,421,000 · Private Busn Cap
Aug 14, 2020
$6,700,000
C M J Brothers Corp
Maven Industries INC
Grant Deed
$3,421,000 · Private Business Capital
Feb 1, 2016
$5,000,000
Maven Industries INC
Flambeau INC
Grant Deed
$4,700,000 · Private Individual
Nov 15, 1995
$1,620,000
Flambeau Airmold Corp
Engstrom Trust
Grant Deed
—
—
—
Glenn H Engstrom
—
Deed Of Trust
related
$200,000 · Bank Of California
—
—
C M J Brothers Corp
—
Deed Of Trust
related
$3,421,000 · Private Busn Cap
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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