Industrial Owner-User
151 N Reservoir St Pomona, CA 91767
151 N Reservoir St, Pomona, CA, 91767
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For Sale
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Industrial property in shell condition, suitable for development or demolition.
Property Size9,630 SF
Price / SF$332.29
Days on Market1326
Property Features for 151 N Reservoir St
General Information
- Standard status
- Active
- Size
- 9,630 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1979
Listing Agency
Jesse Sanchez
Listed by
Jorge Yamzon · License #CA02092550
Source
Crexi
Added: Nov 30, 2022 Checked: Jul 17 at 11:56 am
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 Jesse Sanchez
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
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $202.2k | $21.00 |
| − Vacancy | −$15.6k | −$1.62 |
| EGI | $186.6k | $19.38 |
| − OpEx | −$56.0k | −$5.81 |
| NOI | $130.6k | $13.57 |
9,630 SF · lease $21.00/SF/yr · vacancy 7.71% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
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FAQs
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