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Property profile & analytics
OFF-MARKET
Estimated value
$3,530,000
Warehouses
5711 Schaefer Ave Chino, CA 91710-7004
Entity Owned
3-yr Hold
Free & Clear
Property ID
US10-1142865
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,926 SF
Lot
0.82 ac (35,676 SF)
APN
1021-051-06-0000
UPID
US10-1142865
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
-
Koury Engineering Engineering Consultant Soil Testing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.62M
Blend (final)
Blend
$3.53M
Owner & transaction history
Meneshams LLC · 3 yrs held
Meneshams LLC
since 2023
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.7M
+77.4%
Office building
$4.3M
+64.1%
Commercial (general)
$3.8M
+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
$3,615,000
ML approach
$3,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,630,000
Current use
RESTAURANT
$4,665,000
Change: +77% · Conversion: Difficult
OFFICE BUILDING
$4,315,000
Change: +64% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,790,000
Change: +44% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,020,000
Change: +15% · Conversion: Easy
MEDICAL BUILDING
$2,870,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,670,000
Change: +2% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,275,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$3.53M
Range $3.18M – $3.88M · ±10% · vs last sale $3.45M (May 24 2023)
Last sale anchor
$3.45M
May 24 2023
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
$356 / 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
$38,817
Tax year 2024
Assessed value
$3,519,000
Assessed 2024
Previous assessed
$3,519,000
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,458,600
Assessed improvement
$2,060,400
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
9,926 SF
Lot
0.82 ac (35,676 SF)
APN
1021-051-06-0000
UPID
US10-1142865
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
$2.6M
RESTAURANT
Est. value
$4.7M
OFFICE BUILDING
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
INDUSTRIAL (GENERAL)
Est. value
$2.3M
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Meneshams LLC
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 7099, NORCO, CA 92860-8070
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2023
$3,450,000
Meneshams LLC
Richard S Headon
Grant Deed
—
Dec 1, 2017
—
Richard S Headon
Murfield Properties LLC
Quit Claim Deed
—
Sep 12, 2006
—
Murfield Properties LLC
Richard S Headon
Grant Deed
$520,000 · Citizens Business Bank
Mar 17, 2004
$695,000
Richard S Headon
5711 Schaefer Building LLC
Grant Deed
related
$631,600 · Wells Fargo Bank
Jun 10, 1999
$710,000
5711 Schaefer Building
Dbp Investment Co LLC
Grant Deed
related
$603,500 · Foothill Independent Bank
Dec 31, 1998
—
Dbp Investment Co LLC
—
Grant Deed
related
$525,100 · Western State Bank
—
—
Dbp Investment Co LLC
—
Deed Of Trust
related
$300,000 · Individual
—
—
Dbp Investment Co LLC
—
Deed Of Trust
related
$300,000 · Delta Pacific Land 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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