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Property profile & analytics
OFF-MARKET
Estimated value
$1,890,000
Strip malls
739 Mt Vernon Ave San Bernardino, CA 92411-3323
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-1449665
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,500 SF
Lot
0.58 ac (25,440 SF)
APN
0139-292-27-0000
UPID
US10-1449665
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
-
Tacos Don Ramon Restaurant
-
Your Market Grocery & Convenience Store Food Market
-
Mt. Vernon Laundromat (Bike/Boat/Book/etc) Store
-
Anita's Bakery & Restaurant Bakery Specialty Food Shop
-
Fridaz Hair Studio Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.89M
Owner & transaction history
Thavy M Tann · 6 yrs held
Thavy M Tann
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.9M
+26.8%
Medical building
$2.5M
+7.5%
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 San Bernardino submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Bernardino 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%
$2,280,000
6.5%
$2,105,000
7%
$1,955,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,290,000
Current use
COMMERCIAL (GENERAL)
$2,900,000
Change: +27% · Conversion: Easy
MEDICAL BUILDING
$2,460,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$1.89M
Range $1.70M – $2.08M · ±10%
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
$222 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$15,518
Tax year 2023
Assessed value
$1,267,650
Assessed 2024
Previous assessed
$1,242,794
+2.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$181,094
Assessed improvement
$1,086,556
Applied tax rate
7.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Units
5
Total area
8,500 SF
Lot
0.58 ac (25,440 SF)
APN
0139-292-27-0000
UPID
US10-1449665
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
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
Units
5
Lot
0.58 ac
Current owner
From public records · entity-resolved
Thavy M Tann
Individual
Mailing address
739 N MT VERNON AVE, SAN BERNARDINO, CA 92411-3323
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2024
—
Thavy M Tann
—
Deed
related
$514,750 · Cressida Capital Corporation
Aug 14, 2019
—
Thavy M Tann
Thavy M Tann
Intrafamily Transfer
related
$742,000 · City National Bank
Jul 23, 2015
—
Seng,thavy M & S Family Trust
Seng,sam & Thavy M
Quit Claim Deed
related
—
Sep 13, 2012
$1,050,000
Sam Seng
Kwon Family Trust
Grant Deed
$930,000 · Hanmi Bank
Mar 23, 2010
—
Kwon Family Trust
Kwon,hun S & Mee R
Quit Claim Deed
related
—
Sep 11, 2008
$2,000,000
Kwon,hun S & Mee R
Nd Commercial LLC
Trustees Deed
$1,200,000 · Shinhan Bank
Oct 3, 2006
—
Nd Commercial LLC
Kang,shin C & Juli Y
Trustees Deed
$1,260,000 · National City Mortgage Co
Aug 15, 2005
$1,495,000
Shin C Kang
James E Burns
Grant Deed
$1,000,000 · Independence Bank
Jul 15, 2003
$935,000
James E Burns
Schmidt,joseph J & Debra S
Grant Deed
—
Mar 21, 1991
$274,000
Joseph Schmidt
Rademaker Michae
Grant Deed
related
—
Nov 14, 1990
$732,000
Rademaker Michae
Mt Vernon Proper
Trustees Deed
$549,000 · Seller
—
—
Vernon Proper Mt
—
Deed Of Trust
related
$1,106,836
—
—
Joseph J Schmidt
—
Deed Of Trust
related
$500,000 · Pacific Business Bank
—
—
Michae Rademaker
—
Deed Of Trust
related
$109,800 · Seller
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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