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Property profile & analytics
OFF-MARKET
Estimated value
$26,035,000
Flex space
4039 State St Montclair, CA 91763-6026
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0889640
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
135,387 SF
Lot
7.18 ac (312,560 SF)
APN
1012-191-19-0000
UPID
US10-0889640
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
by Request
CAP Approach
CAP
$17.11M
Comparable Approach
Comparable
$17.21M
Blend (final)
Blend
$26.04M
Owner & transaction history
Rexford Industrial-4039 St LLC · 5 yrs held
Rexford Industrial-4039 St LLC
since 2020
Last sale
$29.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$41.2M
+11.6%
Medical building
$39.2M
+6.0%
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 Montclair submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montclair 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%
$18,530,000
6.5%
$17,105,000
7%
$15,885,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$36,945,000
Current use
AUTO REPAIR, GARAGE
$41,220,000
Change: +12% · Conversion: Easy
MEDICAL BUILDING
$39,170,000
Change: +6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$36,445,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$26.04M
Range $23.43M – $28.64M · ±10% · vs last sale $29.67M (Dec 7 2020)
Last sale anchor
$29.67M
Dec 7 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
$192 / 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
$343,787
Tax year 2024
Assessed value
$31,480,735
Assessed 2024
Previous assessed
$31,480,735
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$8,277,422
Assessed improvement
$23,203,313
Applied tax rate
11.0000
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
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
135,387 SF
Lot
7.18 ac (312,560 SF)
APN
1012-191-19-0000
UPID
US10-0889640
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
$36.9M
AUTO REPAIR, GARAGE
Est. value
$41.2M
MEDICAL BUILDING
Est. value
$39.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$36.4M
INDUSTRIAL (GENERAL) Current
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
2020
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
7.18 ac
Current owner
From public records · entity-resolved
Rexford Industrial-4039 St LLC
Entity
Mailing address
11620 WILSHIRE BLVD FL, LOS ANGELES, CA 90025-1706
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
Dec 7, 2020
$29,665,000
Rexford Industrial-4039 St LLC
Kadota Ave Indl Owner LP
Grant Deed
—
Mar 4, 2020
—
City Of Montclair
Kadota Ave Indl Owner LP
Quit Claim Deed
—
Oct 31, 2018
—
Kadota Ave Indl Owner LP
—
Grant Deed
related
$11,534,700 · Suntrust Bk
Feb 22, 2018
$7,350,000
Kadota Avenue Indl Owner LP
Kerber Family Trust
Grant Deed
—
May 6, 2014
—
Kerber Family Trust
Kerber,jeffrey & Sherry
Quit Claim Deed
related
—
Apr 21, 2005
$3,500,000
Jeffrey Kerber
Us Lubricants INC
Grant Deed
$1,725,000 · Bank Of America NA
—
—
Kerber,jeffrey & Sherry
—
Deed Of Trust
related
$1,418,000 · Cdc Small Busn Fin
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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