Back to Search
Property profile & analytics
FOR SALE
Office Spaces
4240 Hallmark Pkwy San Bernardino, CA 92407
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-1462805
For Sale
1 / 9
$1,792,000
4240 Hallmark Pkwy, San Bernardino, CA 92407
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,588 SF
Lot
0.96 ac (42,000 SF)
APN
0266-363-21-0000
UPID
US10-1462805
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
$1.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.30M
Owner & transaction history
Stephen C C Chen · 4 yrs held
Stephen C C Chen
since 2021
Last sale
$1.2M
7 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 San Bernardino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Bernardino 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
$1,240,000
ML approach
$1,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±10% · vs last sale $1.17M (Sep 3 2021)
Last sale anchor
$1.17M
Sep 3 2021
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
$135 / 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
$14,909
Tax year 2023
Assessed value
$1,217,268
Assessed 2024
Previous assessed
$1,193,400
+2.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$312,120
Assessed improvement
$905,148
Applied tax rate
7.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Units
1
Total area
9,588 SF
Lot
0.96 ac (42,000 SF)
APN
0266-363-21-0000
UPID
US10-1462805
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
Building & site characteristics
From public records
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Units
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Stephen C C Chen
Individual
Mailing address
211 W ORANGE GRV AVE, ARCADIA, CA 91006-1845
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2024
—
Stephen Cc Chen
—
Deed
related
$350,000 · The Richard F Norris Inter Vivos Trust
Sep 3, 2021
$1,170,000
Stephen C C Chen
America United Development LLC
Grant Deed
$585,000 · America United Development LLC
May 18, 2020
—
America United Dev LLC
—
Deed
related
$660,000 · Lisa Kim
Mar 20, 2019
$1,400,000
America United Dev LLC
Huaone Group LLC
Grant Deed
—
Aug 21, 2017
$1,025,000
Huaone Group LLC
Hallmark Ventures LLC
Grant Deed
—
May 19, 2016
$800,000
Hallmark Ventures LLC
Logix Federal Credit Union
Grant Deed
$560,000 · Logix FCU
Sep 16, 2015
$1,101,000
Logix FCU
Td Service Co|hallmark Medical Plaza II LLC
Trustees Deed
related
—
Aug 4, 2005
—
Hallmark Medical Plaza II LLC
—
Trustees Deed
related
$2,200,000 · Lockheed FCU
Feb 18, 2004
$615,000
Hallmark Medical Plaza LLC
American Cable Entertainment C
Grant Deed
$985,000 · Amcap Loans & Investments INC
Oct 7, 1998
$1,000,000
American Cable Entertainment
Marks Partners LP
Grant Deed
—
Feb 2, 1994
$750,000
Marks Partners LP
Chambers Cable S
Grant Deed
—
Oct 12, 1990
—
Upland Industria
Odonnell Upland
Quit Claim Deed
related
—
—
—
Hallmark Medical Plaza II LLC
—
Deed Of Trust
related
$500,000 · Michael E & Brenda Wilson
—
—
America United Dev LLC
—
Deed Of Trust
related
$660,000 · Lisa Kim
—
—
Hallmark Medical Plaza II LLC
—
Deed Of Trust
related
$500,000 · Richard A Moss
—
—
Hallmark Medical Plaza II LLC
—
Deed Of Trust
related
$3,250,000 · Diversified Lending Group INC
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.
