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Property profile & analytics
FOR SALE
Industrial properties
3970 Lenwood Rd, Barstow, CA 92311
Entity Owned
24-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0931612
For Sale
1 / 9
$11,665,000
3970 Lenwood Rd, Barstow, CA 92311
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
2002
Construction
STEEL FRAME
Total area
84,780 SF
Lot
19.4 ac (845,064 SF)
APN
0497-131-30-0000
UPID
US10-0931612
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
-
Valmont Utility Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.71M
Comparable Approach
Comparable
$13.20M
Blend (final)
Blend
$11.67M
Owner & transaction history
Newmark International INC · 24 yrs held
Newmark International INC
since 2002
6 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 Barstow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Barstow 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%
$11,605,000
6.5%
$10,710,000
7%
$9,945,000
Alternative Use
Use
Estimation
RETAIL STORES
$18,835,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$11.67M
Range $10.50M – $12.83M · ±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
$138 / 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
$58,201
Tax year 2024
Assessed value
$5,171,774
Assessed 2024
Previous assessed
$5,171,774
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$228,114
Assessed improvement
$4,943,660
Applied tax rate
9.0000
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
For Sale
Year built
2002
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
84,780 SF
Lot
19.4 ac (845,064 SF)
APN
0497-131-30-0000
UPID
US10-0931612
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
Est. value
$18.8M
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
2002
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
19.4 ac
Current owner
From public records · entity-resolved
Newmark International INC
Entity
Free & Clear · 24 yrs held
Mailing address
2 PERIMETER PARK S, BIRMINGHAM, AL 35243-2329
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2004
—
Overland Lenwood Ltd
—
Deed Of Trust
related
$1,300,000 · Forecast Ppi LLC
Mar 11, 2002
$320,000
Newmark International INC
Overland Lenwood Ltd
Grant Deed
—
Sep 11, 1995
—
Lenwood Overland
—
Deed Of Trust
related
—
Jun 23, 1989
$1,617,500
Sunburst Dev
Rp Weddell & Son
Grant Deed
related
—
Jun 22, 1989
$1,200,000
R P Weddell & So
Vogel Genevieve
Trustees Deed
$600,000 · First Pacific Bank
—
—
R P Weddell
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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