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Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Industrial properties
5634 Msn Blvd Ontario, CA 91762-4652
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0926278
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,481 SF
Lot
0.36 ac (15,750 SF)
APN
1011-251-20-0000
UPID
US10-0926278
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
-
GASSER USA INC Printing Equipment And Supplies
-
UP2SIGN Printing Equipment And Supplies
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.42M
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$1.58M
Owner & transaction history
Lesen Investment LLC · 5 yrs held
Lesen Investment LLC
since 2020
Last sale
$1.5M
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 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%
$1,535,000
6.5%
$1,420,000
7%
$1,315,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,625,000
Current use
AUTO REPAIR, GARAGE
$2,280,000
Change: -13% · Conversion: Easy
MEDICAL BUILDING
$2,165,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.58M
Range $1.42M – $1.73M · ±10% · vs last sale $1.52M (Nov 20 2020)
Last sale anchor
$1.52M
Nov 20 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
$211 / 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
$17,577
Tax year 2024
Assessed value
$1,607,730
Assessed 2024
Previous assessed
$1,607,730
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$424,483
Assessed improvement
$1,183,247
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
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
7,481 SF
Lot
0.36 ac (15,750 SF)
APN
1011-251-20-0000
UPID
US10-0926278
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.2M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
0.36 ac
Current owner
From public records · entity-resolved
Lesen Investment LLC
Entity
Free & Clear · 5 yrs held
Mailing address
12 ARBORWOOD, IRVINE, CA 92620-2216
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2020
$1,515,000
Lesen Investment LLC
Great Lake Investments INC
Grant Deed
—
Jul 15, 2019
—
Great Lake Investments INC
—
Deed
related
$615,000 · Travancore Capital LLC
Apr 30, 2019
$1,227,500
Great Lake Investments INC
Our Ssi LLC
Grant Deed
$615,000 · Mor Financial Services INC
Jul 27, 2011
—
Our Ssi LLC
Macksoud,ronald L & Dana L
Grant Deed
—
Aug 25, 2004
—
Ronald L Macksoud
Sixth & Rochester LLC
Grant Deed
$480,000 · First Coastal Bank
Mar 12, 2004
—
Sixth & Rochester LLC
Da Yuan Imports INC
Grant Deed
related
—
Jan 13, 2004
—
Karen,tr
Karen,da Y & Karen L
Quit Claim Deed
related
—
Mar 2, 1988
$310,000
Da Y Li
Gilmo
Grant Deed
$220,000 · First Public Savings Bank
—
—
Great Lake Investments INC
—
Deed Of Trust
related
$615,000 · Travancore Capital LLC
—
—
Da Y Li
—
Deed Of Trust
related
$200,000 · United National Bank
—
—
Da Y Li
—
Deed Of Trust
related
$205,000 · San Diego First Bank
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
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