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

    1700 S Garey Ave Pomona, CA 91766

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,880,000

    Freestanding retail building on a hard corner with high visibility.

    Lot size:
    0.46 Acres

    Property Features for 1700 S Garey Ave

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.46 Acres

    Building Details

    Year built
    2007

    We can help!

    Listing Contact
    Handoko Chen
    Handoko Chen
    Source: Elliman

    Listing Agency: GROWTH INVESTMENT GROUP PASADE Listing Agent: Handoko Chen

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

    Learn more

    Overview

    Pomona Retail Building on Corner

    This single-story retail building is located on the corner of Garey Avenue and Franklin Avenue in Pomona, California. Constructed in 2007, the 5,776 square foot building is on a ±20,000 square foot lot. The property is zoned CS (Commercial Service), allowing for a range of retail sales and service-oriented businesses, including potential medical uses. The building features an open layout, display areas, and visibility. The property is located near major freeways. The building is currently vacant and was previously a retail showroom (formerly Warehouse Shoe Sale). The interior is in shell condition. The property is suitable for owner-users or investors. The location has a traffic volume of 25,000 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    WSS Clothing & Fashion Store

    Suggested Use

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

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

    Similar Places Nearby

    Hugo's Flower Shop, Flowers, Flower Delivery Pomona, Flower.Com

    Location Insight

    • Map
    • Local Demand
    City
    Pomona
    County
    Los Angeles
    State
    California
    Longitude
    -117.749083
    Latitude
    34.039916

    Nearby Similar for Sale

    • New
      $950,000
      27,934 SF

      Pomona Auto Service Property

      Standalone commercial auto service property in Pomona, California.
      250 S Towne Ave, Pomona, CA 91766
      View Details
    • $1,100,000
      5,000 SF

      Versatile Warehouse and Office Building

      Two-story warehouse and office building in Pomona, California.
      1056 W 1St St, Pomona, CA 91766
      View Details
    • $1,100,000
      434 SF

      Pomona Commercial Property on Mission

      High-visibility commercial property with automotive service capabilities in Pomona.
      915 E Mission Blvd, Pomona, CA 91766
      View Details
    • $75,000
      1,029 SF

      Established Salon Business Opportunity

      Thriving salon business for sale in Pomona, California.
      18 Rancho Camino Dr, Pomona, CA 91766
      View Details
    • $1,599,999
      2,100 SF

      Pomona Auto Repair Facility

      Commercial property operating as an auto repair facility in Pomona.
      1630 Mission Blvd E, Pomona, CA 91766
      View Details
    • $1,200,000
      2,402 SF

      Remodeled Commercial Building in Pomona

      Freestanding commercial building in Pomona with excellent exposure and accessibility.
      1192 N Garey Ave, Pomona, CA 91767
      View Details
    • $2,199,000
      1,168 SF

      Pomona Commercial Building and Land

      Commercial building with land in Pomona's midtown segment area.
      1057 E Mission Blvd, Pomona, CA 91766
      View Details
    • $669,999
      1,697 SF

      Pomona Duplex with Income Potential

      Two detached units on a single parcel, ideal for investors.
      712 W 7Th St, Pomona, CA 91766
      View Details
    • New
      $2,850,000
      6,908.00 Acres

      Pomona Mix-Use Development Opportunity

      Approved tentative map for 19 apartments and 5 commercial spaces.
      158 E 2Nd St, Pomona, CA 91766
      View Details
    • New
      $2,999,000
      6,898.00 Acres

      Pomona Mixed-Use Redevelopment Opportunity

      Entitled mixed-use project in Pomona's Opportunity Zone.
      160 E 2Nd St, Pomona, CA 91766
      View Details
    • $1,000,000
      1,976 SF

      Pomona Duplex on Corner Lot

      Charming duplex in Pomona with investment and lifestyle potential.
      1925 Royalty Dr, Pomona, CA 91767
      View Details
    • $1,000,000
      5,000 SF

      Pomona Retail Showroom For Sale

      Free-standing retail showroom with high visibility and flexible space.
      520 E Holt Ave, Pomona, CA 91767
      View Details

    FAQs

    What type of property is this?
    Storefront property - Freestanding retail building on a hard corner with high visibility.
    Where is this storefront property located?
    The property is located at 1700 S Garey Ave Pomona, CA.
    What is the asking price?
    The asking price for this property is $1,880,000.
    What are key features of this property?
    This property features: - 100% Vacant Freestanding Commercial Building: Ready for immediate occupancy or repositioning.; - High-Traffic Hard-Corner Location: Excellent visibility on Garey Ave and Franklin Ave with 25,000 vehicles per day.; - Newer Construction (2007): Potentially translates to newer systems.
    (626) 224-2495
    Request Owner's contact information
    1700 S Garey Ave Pomona, CA 91766
    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.
    1700 S Garey Ave
    Pomona, CA 91766
    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
    1700 S Garey Ave Pomona, CA 91766
    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
    Handoko Chen
    Handoko Chen
    Real Estate License ID: 01749321
    (626) 224-2495 (626) 594-4901 (626) 594-4900
    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!