Retail/Warehouse Flex
For Sale
$1,199,000
450 Holt Avenue, Pomona, CA 91768
Flex retail/warehouse property includes a rear yard with a large metal security gate for vehicle parking and deliveries.
Property Size2,689 SF
Lot Size0.16 Acres
Price / SF$445.89
Days on Market66
Property Features for 450 Holt Avenue
General Information
Standard status
Active
Size
2,689 SF
Total Parking Spaces
6
Lot size
0.16 Acres
Property subtype
Retail
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Amenities
3
Paved. Paved Road.
Building Details
Year Built
1925
Listing Agency:
New Star Realty & Investment
(714) 994-3377
Listed By:
Alex Jang · License #01433083
Source:
Xome
Added: Jun 12
Changed: Aug 14
Last Checked: Aug 15 at 4:00AM
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 New Star Realty & Investment
Investment Insights
Based on property information with market context.
This flex retail/warehouse building offers the option to use the full space for an owner-user business or as an investment. The property includes approximately 2,689 square feet of building area on a 6,868 square foot lot. Recent capital improvements include newly poured concrete in both the front and rear areas and a recently repaired roof.
The rear yard provides parking for six or more vehicles and includes a large metal security gate, supporting convenient access for deliveries, storage, or large vehicle movement.
Overall, the improvements and yard configuration are designed to support day-to-day operations that require both retail-facing space and warehouse functionality.
The rear yard provides parking for six or more vehicles and includes a large metal security gate, supporting convenient access for deliveries, storage, or large vehicle movement.
Overall, the improvements and yard configuration are designed to support day-to-day operations that require both retail-facing space and warehouse functionality.
Key Highlights
- Retail/warehouse property with approx. 2,689 SF of building space on a 6,868 SF (0.1577‑acre) lot
- Rear yard includes parking for six or more vehicles plus a large metal security gate
- Recent improvements include newly poured concrete in the front and rear of the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,298
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$885,960
$886.0K
Cap Rate 7%
$632,829
$632.8K
Cap Rate 9%
$492,200
$492.2K
Market Conditions
NOI Build-Up for 2,689 SF
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.
Gross rent
$56.5K $21.00/SF
− Vacancy
−$4.4K −$1.62/SF
EGI
$52.1K $19.38/SF
− OpEx
−$7.8K −$2.91/SF
NOI
$44.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$885,960
Cap Rate 7%
$632,829
Cap Rate 9%
$492,200
Alternative Uses
Best Use
Warehouse
$632.8K
$553.7K – $738.3K
NOI $44,298 @ 7.0% cap · market cap 3.69%
Second Best
Industrial
$521.2K
$456.0K – $608.0K
NOI $36,481 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$862.2K
$754.4K – $1.01M
NOI $60,354 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,946
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Flex retail/warehouse property includes a rear yard with a large metal security gate for vehicle parking and deliveries.
Where is this flex space located?
The property is located at 450 Holt Avenue Pomona, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Retail/warehouse property with approx. 2,689 SF of building space on a 6,868 SF (0.1577‑acre) lot; Rear yard includes parking for six or more vehicles plus a large metal security gate; Recent improvements include newly poured concrete in the front and rear of the property
