Industrial Building with Private
For Sale
$3,400,320
244 Pioneer Pl, Pomona, CA 91768
Industrial building includes a private yard, canopy, and a 2,000 SF office with reception and private offices.
Property Size10,626 SF
Days on Market122
Property Features for 244 Pioneer Pl
General Information
Standard status
Active
Size
10,626 SF
Property subtype
Industrial
Building Details
Building Size
10,626 SF
Year Built
1986
Listing Agency:
Lee & Associates
Listed By:
Alex Smith · License #CalDRE #02031896
(951) 276-3668
Source:
Lee-associates
Added: Jun 23
Changed: Sep 18
Last Checked: Oct 20 at 5:44PM
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
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Investment Insights
Based on property information with market context.
This industrial building is offered for sale with a private yard and canopy, supporting flexible onsite operations. The property totals 10,626 SF of industrial space and includes a 2,000 SF office area with one reception room, six private offices, and two office restrooms, along with one warehouse restroom. Fire protection is provided by 21/1,500 GPM sprinklers.
Located at 244 Pioneer Pl in Pomona, CA, the property is described as being near the 71/57/10 freeways, providing access to multiple major routes.
The configuration combines warehouse and office improvements on the same site, with restroom facilities serving both the office and warehouse areas.
Located at 244 Pioneer Pl in Pomona, CA, the property is described as being near the 71/57/10 freeways, providing access to multiple major routes.
The configuration combines warehouse and office improvements on the same site, with restroom facilities serving both the office and warehouse areas.
Key Highlights
- 10,626 SF industrial building built in 1986
- 2,000 SF office includes 1 reception area, 6 private offices, and 2 office restrooms plus 1 warehouse restroom
- Private yard with canopy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$144,159
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,883,180
$2.9M
Cap Rate 7%
$2,059,414
$2.1M
Cap Rate 9%
$1,601,767
$1.6M
Market Conditions
NOI Build-Up for 10,626 SF
Gross rent
$223.1K $21.00/SF
− Vacancy
−$17.2K −$1.62/SF
EGI
$205.9K $19.38/SF
− OpEx
−$61.8K −$5.81/SF
NOI
$144.2K $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%
$2,883,180
Cap Rate 7%
$2,059,414
Cap Rate 9%
$1,601,767
Alternative Uses
Best Use
Industrial
$2.06M
$1.80M – $2.40M
NOI $144,159 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.41M
$2.98M – $3.97M
NOI $238,498 @ 7.0% cap · market cap 7.01%
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
607
Businesses Nearby
Explore this area
Business Placement
Demographics for 91768, CA
35,568
Population
8,848
Households
4
Avg Household Size
31
Median Age
14%
College-Educated
70%
High-School Grad
8.2 sq mi
ZIP Area
4,338
Density / Sq Mi
$76,313
Median Household Income
$32,461
Median Earnings
$1,606
Median Rent
$536,500
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial building includes a private yard, canopy, and a 2,000 SF office with reception and private offices.
Where is this manufacturing property located?
The property is located at 244 Pioneer Pl Pomona, CA.
What is the asking price?
The asking price for this property is $3,400,320.
What are key features of this property?
This property features: 10,626 SF industrial building built in 1986; 2,000 SF office includes 1 reception area, 6 private offices, and 2 office restrooms plus 1 warehouse restroom; Private yard with canopy
