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Property profile & analytics
OFF-MARKET
Estimated value
$52,050,000
Distribution centers
5005 Philadelphia St Ontario, CA 91761-2816
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US10-1196883
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
252,764 SF
Lot
14.62 ac (636,847 SF)
APN
0238-152-24-0000
UPID
US10-1196883
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
-
idX Corporation - Los Angeles Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$58.21M
Comparable Approach
Comparable
$51.40M
Blend (final)
Blend
$52.05M
Owner & transaction history
Exeter 5005 E Philadelphia LP · 1 yrs held
Exeter 5005 E Philadelphia LP
since 2024
Last sale
$49.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$85.2M
+29.5%
Auto repair, garage
$77.0M
+16.9%
Medical building
$73.1M
+11.1%
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 Ontario submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ontario 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%
$63,055,000
6.5%
$58,205,000
7%
$54,045,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$65,815,000
Current use
INDUSTRIAL (GENERAL)
$85,205,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$76,955,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$73,130,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$68,040,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$52.05M
Range $46.85M – $57.26M · ±10% · vs last sale $49.30M (Sep 19 2024)
Last sale anchor
$49.30M
Sep 19 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
$206 / 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
$231,407
Tax year 2024
Assessed value
$22,051,135
Assessed 2024
Previous assessed
$22,051,135
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$7,543,809
Assessed improvement
$14,507,326
Applied tax rate
4.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
1
Total area
252,764 SF
Lot
14.62 ac (636,847 SF)
APN
0238-152-24-0000
UPID
US10-1196883
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
$65.8M
INDUSTRIAL (GENERAL)
Est. value
$85.2M
AUTO REPAIR, GARAGE
Est. value
$77.0M
MEDICAL BUILDING
Est. value
$73.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$68.0M
WAREHOUSE, STORAGE Current
INDUSTRIAL (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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
1
Lot
14.62 ac
Current owner
From public records · entity-resolved
Exeter 5005 E Philadelphia LP
Entity
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2024
$49,300,000
Exeter 5005 E Philadelphia LP
Lba Ppf Industrial III LP
Grant Deed
—
Mar 27, 2018
—
Lba Ppf Industrial III LLC
—
Deed
related
$9,500,000 · Jpmorgan Chase Bank NA
Feb 1, 2016
$19,000,000
Lba Of Ppf Industrial III LP
5005 East Philadelphia Street
Grant Deed
—
Oct 17, 2014
—
5005 East Philadephia Street LLC
Laguna Properties Limited Partnersh
Grant Deed
$9,300,000 · Rait Partnership LP
Dec 17, 2002
—
P Orielly
Laguna,p
Grant Deed
related
—
Jul 23, 1996
—
Properties LP Laguna
—
Deed Of Trust
related
$8,000,000 · Star Bank
Sep 29, 1993
—
Properties LP Laguna
Glendale Federal
Grant Deed
$4,260,000 · Glendale Federal Bank
Apr 9, 1993
—
Glendale Federal Bank
Anderson Desk As
Grant Deed
related
—
—
—
Properties LP Laguna
—
Deed Of Trust
related
$6,200,000 · Symetra Life Insurance Co
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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