Freestanding Warehouse with
For Sale
Contact for pricing
244 Pioneer Pl, Pomona, CA 91768
Freestanding building offering 2,000 SF of office space and warehouse clear height up to 16 feet.
Property Size10,626 SF
Price / SF$300
Days on Market135
Property Features for 244 Pioneer Pl
General Information
Standard status
Active
Size
10,626 SF
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates
(951) 276-3600
Listed By:
Alex Smith · License #02031896
(951) 276-3668
Source:
Moodyscre
Added: Jun 10
Changed: Oct 10
Last Checked: Oct 20 at 8:23PM
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.
Freestanding warehouse building with 2,000 SF of office space and a 16' minimum clearance height. The warehouse is served by two ground level doors and includes a covered interior truck well. A private yard with canopy provides additional outdoor utility.
The property is positioned for convenient access to Interstates 71, 57, and 10.
The improvements are configured to support both office and loading operations, with dedicated ground level access and on-site yard space.
The property is positioned for convenient access to Interstates 71, 57, and 10.
The improvements are configured to support both office and loading operations, with dedicated ground level access and on-site yard space.
Key Highlights
- Freestanding building with 2,000 SF of office space
- 16' minimum clearance height for warehouse use
- 2 ground level doors plus 1 covered interior truck well
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$175,050
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,501,000
$3.5M
Cap Rate 7%
$2,500,714
$2.5M
Cap Rate 9%
$1,945,000
$1.9M
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
−$30.9K −$2.91/SF
NOI
$175.1K $16.47/SF
Area
Pomona, CA
Vacancy
7.71%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,501,000
Cap Rate 7%
$2,500,714
Cap Rate 9%
$1,945,000
Alternative Uses
Best Use
Warehouse
$2.50M
$2.19M – $2.92M
NOI $175,050 @ 7.0% cap · market cap 5.49%
Second Best
Industrial
$2.06M
$1.80M – $2.40M
NOI $144,159 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$3.41M
$2.98M – $3.97M
NOI $238,498 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
607
Businesses Nearby
Under-served
Demand for This Use
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
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?
Flex space - Freestanding building offering 2,000 SF of office space and warehouse clear height up to 16 feet.
Where is this flex space located?
The property is located at 244 Pioneer Pl Pomona, CA.
What is the asking price?
The asking price for this property is $3,187,800.
What are key features of this property?
This property features: Freestanding building with 2,000 SF of office space; 16' minimum clearance height for warehouse use; 2 ground level doors plus 1 covered interior truck well
