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Property profile & analytics
OFF-MARKET
Estimated value
$1,875,000
Distribution centers
5630 Msn Blvd Ontario, CA 91762-4652
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1435438
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,434 SF
Lot
0.37 ac (16,215 SF)
APN
1011-251-19-0000
UPID
US10-1435438
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
-
Studio Concepts Inc Building Supply Mill
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.96M
CAP Approach
CAP
$1.71M
Comparable Approach
Comparable
$1.93M
Blend (final)
Blend
$1.88M
Owner & transaction history
Wei Kwang Wang · 4 yrs held
Wei Kwang Wang
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.6M
+28.9%
Auto repair, garage
$2.3M
+11.9%
Medical building
$2.2M
+6.3%
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
$2,060,000
ML approach
$1,955,000
CAP Approach
CAP Return
Estimation
6%
$1,855,000
6.5%
$1,710,000
7%
$1,590,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,025,000
Current use
INDUSTRIAL (GENERAL)
$2,605,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,265,000
Change: +12% · Conversion: Easy
MEDICAL BUILDING
$2,150,000
Change: +6% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,000,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$1.88M
Range $1.69M – $2.06M · ±10% · vs last sale $1.80M (Apr 13 2022)
Last sale anchor
$1.80M
Apr 13 2022
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
$252 / 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
$20,397
Tax year 2024
Assessed value
$1,867,518
Assessed 2024
Previous assessed
$1,867,518
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$624,240
Assessed improvement
$1,243,278
Applied tax rate
98.0000
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
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
7,434 SF
Lot
0.37 ac (16,215 SF)
APN
1011-251-19-0000
UPID
US10-1435438
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
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
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
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Wei Kwang Wang
Individual
Mailing address
410 BALLENA DR, DIAMOND BAR, CA 91765-1803
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2022
$1,795,000
Wei Kwang Wang
Kenny Ly
Grant Deed
—
Dec 16, 2020
—
Kenny Ly
—
Deed
related
$975,000 · Second Orchard LLC
Jun 11, 2019
$1,400,000
Kenny Ly
Senn,keith
Grant Deed
$922,500 · Green Rock II LLC
Jun 7, 2011
$487,500
Keith Senn
Sa Challenger INC
Quit Claim Deed
related
—
Mar 29, 2011
$485,625
Sa Challenger INC
Beacon Default Mgmt INC
Trustees Deed
related
—
Feb 16, 2007
—
Ricardo Sanchez
Lilia Sanchez
Intrafamily Transfer
related
$600,000 · Velocity Commercial Capital LLC
Jul 28, 2005
$346,000
Ricardo Sanchez
Sanchez,carlos A & Maria R
Grant Deed
related
—
Jan 10, 1997
$24,500
Richardson,kimm A
Miclyn Corp
Trustees Deed
—
Jan 10, 1997
$303,000
Sanchez,carlos A & Maria R
Richardson,kimm A
Trustees Deed
$302,000 · Money Store Investment Corp
—
—
Kimm Richardson
—
Deed Of Trust
related
—
—
—
Carlos A Sanchez
—
Deed Of Trust
related
$350,000 · Wells Fargo Bank
—
—
Kenny Ly
—
Deed Of Trust
related
$975,000 · Second Orchard LLC
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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