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Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Retail space
41869 Big Bear Blvd Big Bear Lake, CA 92315-2051
Individually Owned
4-yr Hold
Free & Clear
Property ID
US10-1484452
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1968
Construction
STEEL FRAME
Total area
3,636 SF
Lot
0.51 ac (22,315 SF)
APN
2328-051-10-0000
UPID
US10-1484452
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
$1.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.52M
Owner & transaction history
Brian P Mundell · 4 yrs held
Brian P Mundell
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.6M
+95.7%
Commercial (general)
$1.3M
+54.8%
Auto repair, garage
$1.1M
+37.0%
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 Big Bear Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Big Bear Lake 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
$1,490,000
ML approach
$1,565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,580,000
Change: +96% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,250,000
Change: +55% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,105,000
Change: +37% · Conversion: Difficult
MEDICAL BUILDING
$1,050,000
Change: +30% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$980,000
Change: +21% · Conversion: Moderate
WAREHOUSE, STORAGE
$925,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±10% · vs last sale $1.50M (May 18 2022)
Last sale anchor
$1.50M
May 18 2022
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
$417 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$17,337
Tax year 2023
Assessed value
$1,560,600
Assessed 2024
Previous assessed
$1,530,000
+2.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$520,200
Assessed improvement
$1,040,400
Applied tax rate
17.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1968
Construction
STEEL FRAME
Heating
NONE
Units
2
Total area
3,636 SF
Lot
0.51 ac (22,315 SF)
APN
2328-051-10-0000
UPID
US10-1484452
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
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$980,000
WAREHOUSE, STORAGE
Est. value
$925,000
OFFICE BUILDING
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
1968
Construction
STEEL FRAME
Heating
NONE
Units
2
Lot
0.51 ac
Current owner
From public records · entity-resolved
Brian P Mundell
Individual
Free & Clear · 4 yrs held
Mailing address
PO BOX 4083, BIG BEAR LAKE, CA 92315-4083
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2022
—
Brian P Mundell
Brian P Mundell
Intrafamily Transfer
related
—
Dec 29, 2021
$1,500,000
Brian P Mundell
Robin S Bailey
Grant Deed
$1,483,000 · Bailey Trust
Jul 16, 2020
—
Bailey Trust
Robin S Bailey
Quit Claim Deed
related
—
Jul 2, 2019
—
Jack S Bailey
Bailey Jack & Robin F/tr
Quit Claim Deed
related
—
Aug 1, 2011
—
Bailey Jack & R Family Trust
Bailey,jack S & Robin S
Quit Claim Deed
related
—
Jun 29, 2001
$575,000
Jack S Bailey
Clarke,ronald E
Grant Deed
$325,000 · Ronald E
—
—
Ronald E Clarke
—
Deed Of Trust
related
$150,000 · First Mountain Bank
—
—
Ronald E Clarke
—
Deed Of Trust
related
$30,000 · First Mountain Bank
—
—
Ronald E Clarke
—
Deed Of Trust
related
$60,300 · Us Small Business Admn
—
—
Ronald E Clarke
—
Deed Of Trust
related
$43,800 · Us Small Business Admn
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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