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Property profile & analytics
OFF-MARKET
Estimated value
$3,550,000
Drug stores
42136 Big Bear Blvd, Big Bear Lake, CA 92315-9308
Entity Owned
3-yr Hold
Free & Clear
Property ID
US10-0967725
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,383 SF
Lot
1.67 ac (72,745 SF)
APN
2328-091-13-0000
UPID
US10-0967725
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
$3.39M
Comparable Approach
Comparable
$3.75M
Blend (final)
Blend
$3.55M
Owner & transaction history
Bright Stars Holdings LLC · 3 yrs held
Bright Stars Holdings LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.3M
+54.8%
Auto repair, garage
$4.7M
+37.0%
Medical building
$4.5M
+30.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,675,000
6.5%
$3,390,000
7%
$3,150,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,420,000
Current use
COMMERCIAL (GENERAL)
$5,290,000
Change: +55% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,685,000
Change: +37% · Conversion: Difficult
MEDICAL BUILDING
$4,450,000
Change: +30% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,140,000
Change: +21% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$4,105,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$3.55M
Range $3.20M – $3.91M · ±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
$231 / 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
$51,509
Tax year 2023
Assessed value
$4,872,320
Assessed 2024
Previous assessed
$4,776,784
+2.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,856,400
Assessed improvement
$3,015,920
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
1
Total area
15,383 SF
Lot
1.67 ac (72,745 SF)
APN
2328-091-13-0000
UPID
US10-0967725
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 Current
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$4.7M
MEDICAL BUILDING
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.1M
INDUSTRIAL (GENERAL)
Est. value
$4.1M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
1
Lot
1.67 ac
Current owner
From public records · entity-resolved
Bright Stars Holdings LLC
Entity
Free & Clear · 3 yrs held
Mailing address
451 N HOWLAND CANAL CT, VENICE, CA 90291-4676
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2022
—
Bright Stars Holdings LLC
—
Deed
related
$1,650,000 · First Savings Bank
Oct 14, 2022
—
Bright Stars Holdings LLC
3h Investments LLC
Grant Deed
—
Aug 31, 2022
$4,777,000
Bright Stars Holdings LLC
3h Investments LLC
Quit Claim Deed
related
$1,650,000 · First Savings Bank
Aug 31, 2022
—
3h Investments LLC
Glenbrook Big Bear LLC
Grant Deed
—
Jan 22, 2007
—
Glenbrook Big Bear LLC
Scp 2006-c23-ca
Quit Claim Deed
$3,742,663 · Wells Fargo Bank NA
Aug 7, 2006
—
Garfield Beach Cvs LLC
Sav-on Realty LLC
Quit Claim Deed
related
—
May 1, 1996
—
Jack B Jay
—
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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