Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    6155 Palm Ave San Bernardino, CA 92407-5130
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6155 Palm Ave San Bernardino, CA 92407-5130

    View on Map
    • Apartment buildings
    • 226,072 SF
    • 20.42 lot acres
    Off-Market
    Property ID
    US10-1545210
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $30,945,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cresthaven Apartment Homes / Real Estate Agency
    • 3D Stairs / General Contractor
    • Quick Signing Services / Loan Service / Bank

    Property Details for 6155 Palm Ave

    Year built
    1991
    Construction
    WOOD FRAME
    Lot size
    20.42 lot acres
    Property size
    226,072 SF
    Property type
    Apartment buildings
    APN
    0261-191-04-0000
    APU
    261191040000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $45,235,000
      Current use
      AUTO REPAIR, GARAGE
      $45,345,000
      Change: +0% Conversion: Difficult
      WAREHOUSE, STORAGE
      $41,595,000
      Change: -8% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Bernardino
    County
    San Bernardino
    State
    California
    Longitude
    -117.358
    Latitude
    34.1925
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $512,887
    $8,472,849
    $33,891,394
    $42,364,243
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $4,570,000
      46,302 SF

      4599 Sierra Way

      APARTMENT HOUSE (5+ UNITS) • 46,302 SF
      4599 Sierra Way, San Bernardino, CA 92407-3804
      View Details
    • Value Estimation
      $17,890,000
      137,200 SF

      4420 Varsity Ave

      APARTMENT HOUSE (100+ UNITS) • 137,200 SF
      4420 Varsity Ave, San Bernardino, CA 92407-4634
      View Details
    • Value Estimation
      $3,045,000
      24,019 SF

      4181 St

      APARTMENT HOUSE (5+ UNITS) • 24,019 SF
      4181 St, San Bernardino, CA 92407-3586
      View Details
    • Value Estimation by Request
      1,069 SF

      4046 H St

      Multifamily properties • 1,069 SF
      4046 H St, San Bernardino, CA 92407
      View Details
    • Value Estimation
      $6,350,000
      51,140 SF

      144 42nd St

      APARTMENT HOUSE (5+ UNITS) • 51,140 SF
      144 42nd St, San Bernardino, CA 92407-3808
      View Details
    • Value Estimation
      $4,540,000
      45,327 SF

      2490 Kendall Dr

      APARTMENT HOUSE (5+ UNITS) • 45,327 SF
      2490 Kendall Dr, San Bernardino, CA 92407-2404
      View Details

    Similar Nearby for Sale

    • $1,100,000
      0.89 Acres

      Commercial Land in San Bernardino

      Two adjoining commercial parcels totaling approximately 38,688 sq ft.
      Short St, San Bernardino, CA 92407
      View Details
    • $4,200,000
      2.52 Acres

      San Bernardino Commercial Land Parcel

      2.52-acre commercial parcel in San Bernardino, zoned MS/CG.
      2035 W 1St Ave, San Bernardino, CA 92407
      View Details
    • $7,500,000
      4.92 Acres

      Commercial Acreage Near Glen Helen

      Prime development opportunity near Glen Helen Regional Park.
      2150 Glen Helen Rd, San Bernardino, CA 92407
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      68,474 SF

      San Bernardino Logistics Property

      129,850 SF warehouse with additional yard space for lease.
      2765 Lexington Way, San Bernardino, CA 92407
      View Details
    • Contact for pricing
      332,231 SF

      San Bernardino Distribution Center Available

      Large industrial property with immediate freeway access and ample parking.
      6010 Cajon Blvd, San Bernardino, CA 92407
      View Details
    • Contact for pricing
      18,030 SF

      Prime San Bernardino Retail Space

      1,254 SF Restaurant Space Available
      1725 Northpark Blvd, San Bernardino, CA 92407
      View Details
    • $0.18 SF/Yr

      Secured Truck Parking Yard

      Leasable yard permitted for truck parking, logistics, and storage.
      3314 Cajon Blvd, Muscoy, CA 92407
      View Details
    • $0.20 SF/Yr
      1,742,400 SF

      San Bernardino Improved Yard Sublease

      Improved yard available for sublease with freeway access.
      5705 N Institution Rd, San Bernardino, CA 92407
      View Details
    • Contact for pricing
      52,222 SF

      Cross Dock Truck Terminal

      52,222 SF truck terminal with 100 dock doors.
      5770 N Industrial Pkwy, San Bernardino, CA 92407
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6155 Palm Ave
    San Bernardino, CA 92407-5130
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!