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Property profile & analytics
OFF-MARKET
Estimated value
$5,775,000
Warehouses
4351 Schaefer Ave Chino, CA 91710-5451
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1135556
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,892 SF
Lot
0.97 ac (42,253 SF)
APN
1022-111-06-0000
UPID
US10-1135556
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
-
ISC Engineering Industrial Manufacturer Production Facility
-
Interconnect Solutions Company Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.43M
Blend (final)
Blend
$5.78M
Owner & transaction history
Stevenson Consortium LLC · 2 yrs held
Stevenson Consortium LLC
since 2024
Last sale
$5.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.0M
+77.4%
Office building
$6.5M
+64.1%
Commercial (general)
$5.7M
+44.2%
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 Chino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chino 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
$5,775,000
ML approach
$5,775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,945,000
Current use
RESTAURANT
$7,000,000
Change: +77% · Conversion: Difficult
OFFICE BUILDING
$6,475,000
Change: +64% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,690,000
Change: +44% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,535,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$4,310,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,010,000
Change: +2% · Conversion: Moderate
Blend value · Realmo final
$5.78M
Range $5.20M – $6.35M · ±10% · vs last sale $5.78M (May 31 2024)
Last sale anchor
$5.78M
May 31 2024
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
$388 / 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
$52,894
Tax year 2024
Assessed value
$4,761,078
Assessed 2024
Previous assessed
$4,761,078
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$967,572
Assessed improvement
$3,793,506
Applied tax rate
1.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
14,892 SF
Lot
0.97 ac (42,253 SF)
APN
1022-111-06-0000
UPID
US10-1135556
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
WAREHOUSE, STORAGE Current
Est. value
$3.9M
RESTAURANT
Est. value
$7.0M
OFFICE BUILDING
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$4.5M
MEDICAL BUILDING
Est. value
$4.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.0M
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
Stevenson Consortium LLC
Entity
Mailing address
2067 SCENIC RDG DR, CHINO HILLS, CA 91709-1006
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2024
$5,776,000
Stevenson Consortium LLC
4351 Schaefer LLC
Grant Deed
$3,200,000 · Golden Bank NA
Aug 24, 2021
$4,576,500
4351 Schaefer LLC
Schaefer Avenue LLC
Grant Deed
$3,638,000 · East West Bank
Mar 19, 2020
—
Schaefer Avenue LLC
Stare Street Bldg Ptshp
Quit Claim Deed
related
—
Aug 25, 2015
—
Schaeffer Avenue LLC
Stare Street Bldg Ptshp
Quit Claim Deed
related
—
Nov 25, 2009
—
Stare Street Bldg Partnership
Clinton Williams Griggs
Grant Deed
$877,500 · Wells Fargo Bank NA
Apr 10, 2007
—
Clinton W Griggs
Garland,john C
Grant Deed
related
—
Jan 16, 2007
—
John C Garland
Garland Family Trust
Quit Claim Deed
related
—
Jan 10, 2007
—
Carol A Griggs
Griggs,clinton W
Quit Claim Deed
related
$185,000 · Royalty Mortgage Co
Aug 30, 2006
—
John Garland
Garland Family Trust
Quit Claim Deed
related
$975,000 · Washington Mutual Bank
Sep 4, 2003
—
Griggs,tr
Griggs,carol A
Quit Claim Deed
related
—
Dec 23, 1998
—
Griggs,carol
—
Trustees Deed
related
—
—
—
Patrician Assoc
—
Deed Of Trust
related
$800,000 · Principal Mutual Life Ins
—
—
John Garland
—
Deed Of Trust
related
$362,000 · Economic Dev Corp Southland
—
—
John Garland
—
Deed Of Trust
related
$440,000 · Union Bank Of California
—
—
John Garland
—
Deed Of Trust
related
$352,000 · Union Bank Of California
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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