Back to Search
Property profile & analytics
FOR LEASE
Flex space
410 Business Center Ct Redlands, CA 92373
Entity Owned
5-yr Hold
Free & Clear
Property ID
US10-0579550
For Lease
$2,825,000
410 Business Center Ct, Redlands, CA 92373
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,451 SF
Lot
0.76 ac (33,256 SF)
APN
0292-222-28-0000
UPID
US10-0579550
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
-
Autohaus Inland Inc. Auto Repair Shop
-
Lifesafer Ignition Interlock Building Supply General Contractor
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Intoxalock Ignition Interlock Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.93M
CAP Approach
CAP
$1.83M
Comparable Approach
Comparable
$3.88M
Blend (final)
Blend
$2.83M
Owner & transaction history
Cavden Properties LLC · 5 yrs held
Cavden Properties LLC
since 2020
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.6M
+55.9%
Auto repair, garage
$4.4M
+49.1%
Medical building
$4.2M
+41.7%
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
by Request
ML approach
$3,925,000
CAP Approach
CAP Return
Estimation
6%
$1,980,000
6.5%
$1,825,000
7%
$1,695,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,950,000
Current use
COMMERCIAL (GENERAL)
$4,600,000
Change: +56% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,400,000
Change: +49% · Conversion: Easy
MEDICAL BUILDING
$4,180,000
Change: +42% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,890,000
Change: +32% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,685,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$2.83M
Range $2.54M – $3.11M · ±10% · vs last sale $2.42M (Dec 3 2020)
Last sale anchor
$2.42M
Dec 3 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
$195 / 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
$30,310
Tax year 2024
Assessed value
$2,569,184
Assessed 2024
Previous assessed
$2,569,184
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$446,768
Assessed improvement
$2,122,416
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
For Lease
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
1
Total area
14,451 SF
Lot
0.76 ac (33,256 SF)
APN
0292-222-28-0000
UPID
US10-0579550
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
$3.0M
COMMERCIAL (GENERAL)
Est. value
$4.6M
AUTO REPAIR, GARAGE
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$4.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
WAREHOUSE, STORAGE
Est. value
$3.7M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Cavden Properties LLC
Entity
Free & Clear · 5 yrs held
Mailing address
68703 PO BOX 1036TH RD STE A10, RANCHO MIRAGE, CA 92270-1036
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2020
$2,421,000
Cavden Properties LLC
Glover Family LLC
Grant Deed
—
Sep 15, 2020
—
Glover Family LLC
Glover Family Trust
Quit Claim Deed
related
—
Mar 23, 2020
$2,146,000
Glover Family Trust
Lyne Realty LP
Grant Deed
—
Dec 16, 2008
$1,647,000
Lyne Realty LP
Bruce A Huss
Grant Deed
$1,338,750 · Capital One NA
Sep 5, 2008
—
Huss Bruce A Living Trust
Huss Bruce A & D L Trust
Quit Claim Deed
related
—
Dec 17, 2007
—
Huss Donna L 2007 Trust
Huss Bruce A & D L Trust
Quit Claim Deed
related
—
Sep 29, 2004
$1,221,500
Huss Bruce A & Donna L Trust
Scott Foster & Assocs LLC
Grant Deed
$610,555 · California Bank & Trust
—
—
Huss Bruce A & Donna L Trust
—
Deed Of Trust
related
$504,000 · Greater Sacramento Certified
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
