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

    123 North Glendora Avenue Glendora, CA 91741

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,850,000

    Four-unit retail building suitable for investors or owner-users.

    Type:Retail
    Property size:
    4,066 SF
    Added:
    Nov 26, 2025
    Days on Market:
    126
    Last Refresh:
    Mar 29 at 9:51 pm

    Property Features for 123 North Glendora Avenue

    General Information

    Standard status
    Active
    Size
    4,066 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Todd Launchbaugh
    Todd Launchbaugh

    Listing agent Todd Launchbaugh License #CalDRE #01059250

    Listing office Lee & Associates

    Listing date Nov 26, 2025

    Source Lee-associates

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

    All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates

    Overview

    Retail Building For Sale

    This is a four-unit retail building suitable for investors or owner-users. The property features short-term leases. On-site parking includes 12 to 15 spaces. Free city parking is available directly adjacent to the property. The building has a size of 4066 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Intelligent Vocalist Tutoring Service The JHPDigital Team Advertising Agency SING INC Glendora Tutoring Service Glendora Music and Arts ... Vocational School John Henny Vocal ... Recording Studio

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Glendora
    County
    Los Angeles
    State
    California
    Longitude
    -117.866
    Latitude
    34.1368

    Nearby Similar for Sale

    • $160,000

      Restaurant Opportunity in Glendora

      Restaurant in busy shopping center with strong foot traffic.
      1331 S Lone Hill, Glendora, CA 91740
      View Details
    • $160,000
      1,592 SF

      Glendora Restaurant Business Opportunity

      Prime restaurant opportunity in high-traffic Glendora shopping center.
      1832 E Route 66, Glendora, CA 19740
      View Details
    • $1,100,000
      2,266 SF

      Glendora Congregate Living Facility Opportunity

      6-bedroom, 3-bathroom property near Glendora Presbyterian Hospital.
      549 E Ada, Glendora, CA 91741
      View Details
    • $149,900

      Indoor Playground Business Opportunity

      Profitable indoor playground business for sale in Glendora, CA.
      529 S Glendora, Glendora, CA 91740
      View Details
    • $1,895,000
      5,510 SF

      Leased Office/Retail Building For Sale

      100% leased office/retail building with low historical vacancies.
      201-209 W Foothill Blvd, Glendora, CA
      View Details
    • $205,000

      Established Canvas Business Opportunity

      Turnkey canvas business with 60+ years of operation in Glendora.
      431 E Route 66, Glendora, CA 91740
      View Details
    • $3,500,000
      7,440 SF

      7,440 SF Glendora Commercial Property For Sale

      7,440 sq.ft. commercial building at a prime signalized intersection.
      801 S Grand Ave, Glendora, CA 91740
      View Details
    • $3,500
      1,455 SF

      Move-in Ready Dental Office Space

      Dental office space available for sale, ready for immediate occupancy.
      335 W Arrow Hwy, Glendora, CA 91740
      View Details
    • $1,587,000
      3,000 SF

      Medical Building For Sale

      3,000 SF medical building available for purchase.
      222 E Rte 66, Glendora, CA 91740
      View Details
    • $6,500,000
      14,873 SF

      Freestanding Retail Building For Sale

      Freestanding retail building suitable for various commercial uses.
      526 W Foothill Blvd, Glendora, CA
      View Details
    • $1,100,000
      2,266 SF

      Glendora Healthcare Property Opportunity

      Expansive 6-bedroom, 3-bathroom residence suited for licensed health-care uses.
      549 E Ada Ave, Glendora, CA 91741
      View Details
    • $1,575,000
      4,314 SF

      Glendora Office Building For Sale

      Office building featuring four suites, totaling 4,314 square feet.
      211 S Glendora Ave, Glendora, CA
      View Details

    FAQs

    What type of property is this?
    Strip mall - Four-unit retail building suitable for investors or owner-users.
    Where is this strip mall located?
    The property is located at 123 North Glendora Avenue Glendora, CA.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: Ideal for investor or owner/user; 4 unit retail building; 12‑15 on site parking spaces
    (909) 373-2911
    We can help!
    Listing Contact
    Todd Launchbaugh
    Todd Launchbaugh
    Real Estate License ID: CalDRE #01059250
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!