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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Office Spaces
451 9th St San Bernardino, CA 92401-1090
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-1454191
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,160 SF
Lot
0.2 ac (8,750 SF)
APN
0140-211-45-0000
UPID
US10-1454191
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
-
Jaquelynn Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
$745k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$565k
Owner & transaction history
Realicore LLC · 6 yrs held
Realicore LLC
since 2020
Last sale
$375,000
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
$485,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
$810,000
6.5%
$745,000
7%
$695,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$915,000
Change: -4% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$850,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $375k (Jun 24 2020)
Last sale anchor
$375k
Jun 24 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
$179 / 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
$5,881
Tax year 2023
Assessed value
$402,076
Assessed 2024
Previous assessed
$394,192
+2.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$96,498
Assessed improvement
$305,578
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
Off-Market
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
6
Rooms
5
Bathrooms
1
Total area
3,160 SF
Lot
0.2 ac (8,750 SF)
APN
0140-211-45-0000
UPID
US10-1454191
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
MEDICAL BUILDING
Est. value
$915,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$850,000
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
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
6
Rooms
5
Bathrooms
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Realicore LLC
Entity
Mailing address
395 NE ST STE #104, SAN BERNARDINO, CA 92401-1537
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2020
$375,000
Realicore LLC
Zv Property LLC
Grant Deed
$184,000 · Rjs Financial INC
Sep 10, 2019
—
Zv Property LLC
—
Deed
related
$200,000 · Johnny Yu
May 11, 2017
$185,000
Zv Property LLC
Sierra Echo Re LLC
Grant Deed
—
Aug 5, 2011
$131,500
Sierra Echo Re LLC
Kronsberg Family Trust
Grant Deed
$96,500 · Kronsberg Family Trust (pt)
Jan 27, 2009
$297,583
Kronsberg Family Trust
Western Fidelity Trustees
Trustees Deed
related
—
Aug 21, 2006
$400,000
Jose Trinidad
Mollet,mark
Grant Deed
$260,000 · Kronsberg Family Trust
Aug 16, 2006
—
Mark Mollet
Aquarian Ent INC
Grant Deed
—
Sep 10, 2003
$105,000
Aquarian Enterprise INC
Wittak Rentals LLC
Grant Deed
$90,000 · Wittak Rentals LLC
Feb 16, 2001
$105,000
Wittak Rentals LLC
P B A Holdings Family LP
Trustees Deed
—
Jun 6, 2000
$84,000
P B A Holdings Family LP
Steven M Speier Trustee
Grant Deed
related
$115,500 · Phil Brock & Associates LP
Aug 17, 1994
$90,000
Waterproofing Arid
Gorman Trust
Grant Deed
$75,000 · Seller
Dec 1, 1992
—
Marilyn Gorman
—
Deed Of Trust
related
—
—
—
Zv Property LLC
—
Deed Of Trust
related
$200,000 · Johnny Yu
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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