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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Warehouses
8455 Schaefer Ave Ontario, CA 91761-9416
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1091253
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1952
Construction
WOOD
Total area
1,984 SF
Lot
9 ac (392,040 SF)
APN
0216-312-04-0000
UPID
US10-1091253
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
-
RCR Commercial Truck Parking Parking Lot & Garage
-
Honest Transportation Inc Trucking Company
-
Bernie Secure Semi Trailer Storage Trucking Company
-
Ontario Trailer Yard Warehouse & Storage
-
Lalo's mobile trailer Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$925k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$734k
Blend (final)
Blend
$765k
Owner & transaction history
2lb Investments LLC · 2 yrs held
2lb Investments LLC
since 2023
Last sale
$791,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$875,000
+69.4%
Office building
$865,000
+67.0%
Auto repair, garage
$605,000
+16.9%
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 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
Method
Estimation
Statistic approach
$750,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$515,000
Current use
COMMERCIAL (GENERAL)
$875,000
Change: +69% · Conversion: Difficult
OFFICE BUILDING
$865,000
Change: +67% · Conversion: Difficult
AUTO REPAIR, GARAGE
$605,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$575,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$535,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $791k (Jul 25 2023)
Last sale anchor
$791k
Jul 25 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
$386 / 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
$18,661
Tax year 2024
Assessed value
$1,297,880
Assessed 2024
Previous assessed
$1,297,880
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$1,003,623
Assessed improvement
$294,257
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
CENTRAL
Buildings
2
Stories
1
Units
450
Rooms
6
Bathrooms
3
Total area
1,984 SF
Lot
9 ac (392,040 SF)
APN
0216-312-04-0000
UPID
US10-1091253
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
$515,000
COMMERCIAL (GENERAL)
Est. value
$875,000
OFFICE BUILDING
Est. value
$865,000
AUTO REPAIR, GARAGE
Est. value
$605,000
MEDICAL BUILDING
Est. value
$575,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$535,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1952
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Cooling
Yes
Stories
1
Buildings
2
Units
450
Rooms
6
Bathrooms
3
Lot
9 ac
Current owner
From public records · entity-resolved
2lb Investments LLC
Entity
Mailing address
1001 E HOSKING AVE, BAKERSFIELD, CA 93307-5823
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2023
—
2lb Investments LLC
—
Deed
related
$9,100,000 · Mission Bank
Jul 25, 2023
—
2lb Investments LLC
Robinson Calf Ranch
Intrafamily Transfer
related
—
Aug 30, 2021
—
Robinson Calf Ranch
—
Deed
related
$9,100,000 · Mission Bank
Mar 12, 2020
—
Robinson C Ranch
—
Deed
related
$4,000,000 · Citizens Busn Bk
Apr 22, 2019
—
Robinson Calf Ranch
—
Deed
related
—
Jan 2, 2015
—
Robinson Calf Ranch
Koetsier,gerrit J
Affidavit Of Death
related
—
Oct 28, 2014
—
Robinson Calf Ranch
—
Grant Deed
related
$1,500,000 · Rabobank
May 5, 2004
$791,000
Calf Ranch Robinson
Koetsier,tr
Grant Deed
$1,391,100 · Koetsier Trust
Jan 29, 1999
—
Gerrit Etal Koetsier
Koetsier,gerrit Etal
Quit Claim Deed
related
—
Oct 12, 1993
—
Margie Koetsier
—
Deed Of Trust
related
—
Oct 23, 1984
$399,700
Koetsier Trust
—
Grant Deed
related
—
—
—
Calf Ranch Robinson
—
Deed Of Trust
related
$907,498 · J D Heiskell Holdings LLC
—
—
Robinson C Ranch
—
Deed Of Trust
related
$4,000,000 · Citizens Busn Bk
—
—
Robinson Calf Ranch
—
Deed Of Trust
related
$4,500,000 · Citizens Busn Bk
—
—
Calf Ranch Robinson
—
Deed Of Trust
related
$1,224,294 · Nrv INC
—
—
Calf Ranch Robinson
—
Deed Of Trust
related
$3,500,000 · Citizens Business Bank
—
—
Robinson Calf Ranch
—
Deed Of Trust
related
—
—
—
Calf Ranch Robinson
—
Deed Of Trust
related
$1,500,000 · Western Milling LLC
—
—
Calf Ranch Robinson
—
Deed Of Trust
related
$3,500,000 · Citizens Business 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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