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Property profile & analytics
OFF-MARKET
Estimated value
$6,550,000
Flex space
8899 3rd Flags Ave Oak Hills, CA 92344-0497
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1622180
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2002
Construction
TILT-UP CONCRETE
Total area
19,528 SF
Lot
15.07 ac (656,449 SF)
APN
3064-591-14-0000
UPID
US10-1622180
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
$6.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.94M
Blend (final)
Blend
$6.55M
Owner & transaction history
Little Sisters California Realty Ll · 2 yrs held
Little Sisters California Realty Ll
since 2024
Last sale
$6.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.2M
+126.3%
Office building
$8.5M
+109.3%
Auto repair, garage
$5.9M
+46.6%
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 Oak Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Hills 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
$6,550,000
ML approach
$6,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,055,000
Current use
RESTAURANT
$9,180,000
Change: +126% · Conversion: Difficult
OFFICE BUILDING
$8,490,000
Change: +109% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,945,000
Change: +47% · Conversion: Easy
MEDICAL BUILDING
$5,650,000
Change: +39% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,255,000
Change: +30% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,615,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$4,340,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$6.55M
Range $5.90M – $7.21M · ±10% · vs last sale $6.55M (Jan 18 2024)
Last sale anchor
$6.55M
Jan 18 2024
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
$335 / 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
$56,032
Tax year 2024
Assessed value
$4,342,122
Assessed 2024
Previous assessed
$4,342,122
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$922,964
Assessed improvement
$3,419,158
Applied tax rate
20.0000
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
Off-Market
Year built
2002
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Units
1
Total area
19,528 SF
Lot
15.07 ac (656,449 SF)
APN
3064-591-14-0000
UPID
US10-1622180
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
$4.1M
RESTAURANT
Est. value
$9.2M
OFFICE BUILDING
Est. value
$8.5M
AUTO REPAIR, GARAGE
Est. value
$5.9M
MEDICAL BUILDING
Est. value
$5.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.3M
COMMERCIAL (GENERAL)
Est. value
$4.6M
RETAIL STORES
Est. value
$4.3M
INDUSTRIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
2002
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
3
Units
1
Lot
15.07 ac
Current owner
From public records · entity-resolved
Little Sisters California Realty Ll
Entity
Mailing address
5050 E OLYMPIC BLVD, LOS ANGELES, CA 90022-3904
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2024
$6,550,000
Little Sisters California Realty Ll
Little Sisters Truck Wash
Grant Deed
$6,500,000 · Renald Anelle
Jul 11, 2017
—
Little Sisters Truck Wash
—
Deed
related
$6,100,000 · California Bk&tr
Apr 20, 2004
—
Sisters Truck Wash Little
—
Deed Of Trust
related
$6,250,000 · California Bank & Trust
May 7, 2001
—
Renald J Anelle
—
Trustees Deed
related
$2,193,000 · California Bank & Trust
Jul 26, 2000
$500,000
Renald J Anelle
Wallin,natalie
Grant Deed
$300,000 · California Bank & Trust
—
—
Sisters Truck Wash Little
—
Deed Of Trust
related
$5,325,000 · California Bank & Trust
—
—
Little Sisters Truck Wash
—
Deed Of Trust
related
$6,100,000 · California Bk&tr
—
—
Sisters T Little
—
Deed Of Trust
related
$1,593,000 · California Bank & Trust
—
—
Sisters Truck Wash Little
—
Deed Of Trust
related
$1,500,000 · Community National Bank
—
—
Sisters Truck Wash Little
—
Deed Of Trust
related
$1,360,000 · California Bank & Trust
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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