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Property profile & analytics
OFF-MARKET
Estimated value
$28,640,000
Distribution centers
945 Sunnyside Ave San Bernardino, CA 92408-2519
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0863597
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
143,327 SF
Lot
8.52 ac (371,172 SF)
APN
0280-232-33-0000
UPID
US10-0863597
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
-
FedEx Ship Center Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.52M
Comparable Approach
Comparable
$38.58M
Blend (final)
Blend
$28.64M
Owner & transaction history
Hw Gateway Benedict LP · 7 yrs held
Hw Gateway Benedict LP
since 2019
Last sale
$31.4M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$41.5M
+57.7%
Commercial (general)
$41.0M
+55.8%
Neighborhood: shopping center
$38.6M
+46.7%
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%
$26,560,000
6.5%
$24,515,000
7%
$22,765,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$26,305,000
Current use
MEDICAL BUILDING
$41,470,000
Change: +58% · Conversion: Difficult
COMMERCIAL (GENERAL)
$40,980,000
Change: +56% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$38,580,000
Change: +47% · Conversion: Moderate
AUTO REPAIR, GARAGE
$28,750,000
Change: +9% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$28,680,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$28.64M
Range $25.78M – $31.50M · ±10% · vs last sale $31.37M (Jan 21 2020)
Last sale anchor
$31.37M
Jan 21 2020
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
$200 / 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
$407,473
Tax year 2024
Assessed value
$32,829,757
Assessed 2024
Previous assessed
$32,829,757
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$4,181,588
Assessed improvement
$28,648,169
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
143,327 SF
Lot
8.52 ac (371,172 SF)
APN
0280-232-33-0000
UPID
US10-0863597
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
$26.3M
MEDICAL BUILDING
Est. value
$41.5M
COMMERCIAL (GENERAL)
Est. value
$41.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$38.6M
AUTO REPAIR, GARAGE
Est. value
$28.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$28.7M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
8.52 ac
Current owner
From public records · entity-resolved
Hw Gateway Benedict LP
Entity
Mailing address
601 S FIGUEROA ST STE, LOS ANGELES, CA 90017-3068
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2019
—
Hw Gateway Benedict LP
—
Deed Of Trust
related
$17,301,000 · Crossfirst Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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