Industrial Owner-User
For Sale
$3,200,000
151 N Reservoir St, Pomona, CA 91767
Industrial property in shell condition, suitable for development or demolition.
Property Size9,630 SF
Price / SF$332.29
Days on Market207
Property Features for 151 N Reservoir St
General Information
Standard status
Active
Size
9,630 SF
Property subtype
Land/Lot
Listing Agency:
Rancon Real Estate
Listed By:
Anthony Derrigo tderrigo@rancongroup.com
Source:
Viewsandiegorealestate
Added: Mar 26
Changed: Oct 1
Last Checked: Oct 16 at 9:27AM
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 Rancon Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property presents an owner-user opportunity. The former building, with a size of 9,630 square feet, is currently in a shell condition, offering possibilities for development or demolition. The property is situated in an Opportunity Zone and is in close proximity to Holt and Mission.
Key Highlights
- Industrial owner‑user opportunity
- Situated in an opportunity zone
- Former building 9,630 sf
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$130,647
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,612,940
$2.6M
Cap Rate 7%
$1,866,386
$1.9M
Cap Rate 9%
$1,451,633
$1.5M
Market Conditions
NOI Build-Up for 9,630 SF
Gross rent
$202.2K $21.00/SF
− Vacancy
−$15.6K −$1.62/SF
EGI
$186.6K $19.38/SF
− OpEx
−$56.0K −$5.81/SF
NOI
$130.6K $13.57/SF
Area
Pomona, CA
Vacancy
7.71%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,612,940
Cap Rate 7%
$1,866,386
Cap Rate 9%
$1,451,633
Alternative Uses
Best Use
Industrial
$1.87M
$1.63M – $2.18M
NOI $130,647 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.09M
$2.70M – $3.60M
NOI $216,143 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,273
Businesses Nearby
Explore this area
Business Placement
Demographics for 91767, CA
51,654
Population
15,653
Households
3.3
Avg Household Size
36
Median Age
21%
College-Educated
80%
High-School Grad
5.7 sq mi
ZIP Area
9,062
Density / Sq Mi
$80,201
Median Household Income
$37,340
Median Earnings
$1,749
Median Rent
$585,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property in shell condition, suitable for development or demolition.
Where is this industrial property located?
The property is located at 151 N Reservoir St Pomona, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Industrial owner‑user opportunity; Situated in an opportunity zone; Former building 9,630 sf
