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Property profile & analytics
FOR SALE
Flex space
614 W Fairway Blvd Big Bear City, CA 92314
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US10-0869918
For Sale
1 / 61
$1,200,000
614 W Fairway Blvd, Big Bear City, CA 92314
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1990
Construction
WOOD
Total area
3,000 SF
Lot
0.75 ac (32,500 SF)
APN
0311-063-67-0000
UPID
US10-0869918
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
$380k
Comparable Approach
Comparable
$482k
Blend (final)
Blend
$585k
Owner & transaction history
Mark A Gray · 5 yrs held
Mark A Gray
since 2021
Last sale
$600,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$915,000
+14.1%
Medical building
$870,000
+8.4%
Neighborhood: shopping center
$810,000
+0.9%
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 Big Bear City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Big Bear City 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
$735,000
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
$410,000
6.5%
$380,000
7%
$350,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$800,000
Current use
AUTO REPAIR, GARAGE
$915,000
Change: +14% · Conversion: Easy
MEDICAL BUILDING
$870,000
Change: +8% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$810,000
Change: +1% · Conversion: Difficult
WAREHOUSE, STORAGE
$765,000
Change: -4% · Conversion: Easy
RETAIL STORES
$665,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $600k (Feb 5 2021)
Last sale anchor
$600k
Feb 5 2021
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
$195 / 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
$7,925
Tax year 2024
Assessed value
$636,724
Assessed 2024
Previous assessed
$636,724
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$313,056
Assessed improvement
$323,668
Applied tax rate
57.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Sale
Year built
1990
Construction
WOOD
Heating
NONE
Buildings
2
Units
1
Total area
3,000 SF
Lot
0.75 ac (32,500 SF)
APN
0311-063-67-0000
UPID
US10-0869918
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
$800,000
AUTO REPAIR, GARAGE
Est. value
$915,000
MEDICAL BUILDING
Est. value
$870,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$810,000
WAREHOUSE, STORAGE
Est. value
$765,000
RETAIL STORES
Est. value
$665,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
RETAIL STORES
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
1990
Construction
WOOD
Heating
NONE
Buildings
2
Units
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Mark A Gray
Individual
Mailing address
PO BOX 2293, AVALON, CA 90704-2293
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2021
$600,000
Mark A Gray
Karen Evans
Grant Deed
$580,000 · Dorothy Jo Gray
Jan 23, 2015
—
Sampson,paul M & Ardis B Trust
Sampson,paul M
Affidavit Of Death
related
—
Dec 14, 2011
$390,000
Sampson Paul M & Ardis B Trust
First Mountain Bank
Grant Deed
—
Mar 17, 2010
$10,000
First Mountain Bk
Integrated Lender Svcs
Trustees Deed
related
—
—
—
Lindsey J Van Meter
—
Deed Of Trust
related
$66,900 · Wells Fargo 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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