Back to Search
Property profile & analytics
OFF-MARKET
Industrial properties
717 State St Ontario, CA 91761-1858
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-1004444
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL LOFT BUILDING
Year built
1940
Construction
TILT-UP CONCRETE
Total area
39,901 SF
Lot
6.2 ac (270,072 SF)
APN
1049-111-05-0000
UPID
US10-1004444
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
-
Cornerstone Equipment Management Inc Big Box & Wholesale Store
-
Cornerstone Property Clean-out Services Liquidator Commercial Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Duke Realty State Street LP · 4 yrs held
Duke Realty State Street LP
since 2021
Last sale
$41.4M
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$270,520
Tax year 2024
Assessed value
$24,786,000
Assessed 2024
Previous assessed
$24,786,000
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$24,786,000
Applied tax rate
4.0000
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
1940
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
3
Rooms
5
Bathrooms
1
Total area
39,901 SF
Lot
6.2 ac (270,072 SF)
APN
1049-111-05-0000
UPID
US10-1004444
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
Building & site characteristics
From public records
Year built
1940
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
3
Rooms
5
Bathrooms
1
Lot
6.2 ac
Current owner
From public records · entity-resolved
Duke Realty State Street LP
Entity
Free & Clear · 4 yrs held
Mailing address
1800 WAZEE ST STE #500, DENVER, CO 80202-2526
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2021
$41,422,000
Duke Realty State Street LP
City Of Ontario
Grant Deed
—
Apr 30, 2021
—
City Of Ontario
Opone LLC
Grant Deed
—
Nov 2, 2018
—
Opone LLC
—
Grant Deed
related
$10,000,000 · East West Bk
Sep 12, 2014
$6,715,000
Opone LLC
Southern California Holdings Xiii L
Grant Deed
$737,500 · Royal Business Bank
Jul 10, 2013
$6,650,000
Southern Ca Holdings Xiii LLC
First American Title
Trustees Deed
related
—
May 18, 2007
$7,750,000
717 State Street Assocs LLC
Lanphier N E Family Trust
Grant Deed
$6,650,000 · Builders Bank
May 2, 1995
—
Ca Gte
Lanphier,nicholas E Etal
Grant Deed
related
—
Jan 10, 1995
—
Lanphier Trust
—
Deed Of Trust
related
$2,000,000 · Sanwa Bank California
May 7, 1990
$2,150,000
Nichola Lanphier
Ross John P
Grant Deed
$1,505,000 · First Trust 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 717 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
