Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1929 Mount Vernon Ave Pomona, CA 91768

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.25 SF/Yr

    31,755 SF industrial building featuring a two-story office.

    Building Details

    Year built
    2006

    We can help!

    Listing Contact
    Justin Leewood
    Source: Lee-associates

    Listing Agent: Justin Leewood

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Industrial Building with Two-Story Office

    This industrial building offers approximately 31,755 square feet with no CAM charges. The property includes approximately 5,530 square feet of two-story office space, featuring private offices and conference rooms. It is a free-standing building located in a gated business park. The property has a fenced and paved yard, along with a double interior truckwell. There are two grade-level doors, each measuring 12'x14'. The building is fully sprinklered at a rate of 0.45/3000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Teds Auto Glass Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Pomona 71 Storage, Self Storage, Self-Storage at U-Haul

    Location Insight

    • Map
    • Local Demand
    City
    Pomona
    County
    Los Angeles
    State
    California
    Longitude
    -117.782072
    Latitude
    34.05886

    Nearby Similar for Lease

    • Contact for pricing
      25,440 SF

      Pomona Medical Facility For Lease

      Medical office space near Western University Health campus.
      887 E 2Nd St, Pomona, CA 91766
      View Details
    • Contact for pricing
      3,032 SF

      Retail Space in Pomona Center

      High-visibility retail space in a busy Pomona shopping center.
      345 E Foothill Blvd, Pomona, CA 91767
      View Details
    • $4,004 /Mo
      2,288 SF

      Pomona Commercial Office/Retail Building

      Freestanding commercial building for lease or sale in Pomona.
      1192 N Garey Ave, Pomona, CA 91767
      View Details
    • Contact for pricing
      1,850 SF

      Retail Space in Pomona Center

      High-traffic retail space near Foothill Boulevard, Pomona, CA.
      309 E Foothill Blvd, Pomona, CA 91767
      View Details
    • Sponsored
      New
      Contact for pricing

      CA, Pomona - Rancho Camino Dr

      Flexible workspace in CA, Pomona - Rancho Camino Dr
      21 Rancho Camino Dr, Pomona, CA 91766
      View Details
    • $2,500 /Mo

      Freestanding Commercial Building Near Hospital

      Commercial building near hospital, suitable for medical or retail use.
      1558 N Gordon St, Pomona, CA 91768
      View Details
    • Contact for pricing

      Medical Office Near Pomona Hospital

      Turn-key medical office building in Pomona Valley Hospital corridor.
      2005 Garey Ave, Pomona, CA 91767
      View Details
    • Contact for pricing

      Retail Space on Foothill Boulevard

      Prime retail center with high visibility and easy access.
      309 E Foothill Blvd, Pomona, CA 91767
      View Details
    • $8,554 /Mo

      Retail Space on Garey Avenue

      Retail space in a high-traffic Pomona location.
      1942 S Garey Ave S, Pomona, CA 91766
      View Details
    • $2,176 /Mo

      Medical Office Space Available

      Ground floor medical office with multiple exam rooms for rent.
      180 W Willow St, Pomona, CA 91768
      View Details
    • $350,000

      Freeway Visible Restaurant Opportunity

      Restaurant building for lease with freeway visibility in Pomona.
      1504 Gillette Rd, Pomona, CA 91768
      View Details

    FAQs

    What type of property is this?
    Warehouse - 31,755 SF industrial building featuring a two-story office.
    Where is this warehouse located?
    The property is located at 1929 Mount Vernon Ave Pomona, CA.
    What is the lease rate?
    The lease rate is $1.25 SF/Yr.
    What are key features of this property?
    This property features: - ±31,755 SF Free Standing Industrial Building; - No CAM Charges; - Double Interior Truckwell - **Fenced and Paved Yard**
    (909) 373-2989
    Request Owner's contact information
    1929 Mount Vernon Ave Pomona, CA 91768
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1929 Mount Vernon Ave
    Pomona, CA 91768
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1929 Mount Vernon Ave Pomona, CA 91768
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Justin Leewood
    Real Estate License ID: 01837452
    (909) 373-2989 (951) 545-5142 (909) 989-7771
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!