1132 1St St Pomona, CA 91766
- Warehouses
- 340 SF
- 1.14 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1132 1St St
- Year built
- 1964
- Lot size
- 1.14 lot acres
- Property size
- 340 SF
- Zone code
- POM2*
- Property type
- Warehouses
- APN
- 8348-014-002
- APU
- 8348014002
Description
This exceptional 1.3-acre industrial land parcel presents a unique investment opportunity in Pomona, California. Currently zoned and permitted for auto wrecking operations, this property boasts a highly desirable location offering unparalleled access to major transportation arteries. Its proximity to the CA-10, 60, and 71 freeways ensures seamless connectivity throughout Southern California, facilitating efficient logistics and distribution. The single-tenant configuration provides simplicity and streamlined management. The scarcity of available industrial land in the current market underscores the significant value and potential of this property. Given the existing permits for auto wrecking, immediate operational commencement is feasible, minimizing delays and maximizing return on investment. This property is ideally suited for businesses seeking a strategically located, readily operational industrial site. The substantial lot size provides ample space for expansion or future development, offering flexibility and long-term growth potential. This is a rare opportunity to acquire a well-situated, permitted industrial land parcel in a thriving market. Don't miss this chance to secure a valuable asset in a high-demand area. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,900,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,935,000
- 6.5%
- $5,395,000
- 7%
- $4,940,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,535,000
- Geo Method
- $5,005,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,165,000
- Retail
- $4,365,000
- Mixed-Use
- $4,730,000
- Hospitality
- $4,630,000
- Educational
- $5,290,000
- Residential Income
- $5,505,000
- Energy
- $5,185,000
- Income-Based Land
- $4,120,000
- Food Service
- $4,450,000
Location Insight
- Map
- Local Demand
- City
- Pomona
- County
- Los Angeles
- State
- California
- Longitude
- -117.764
- Latitude
- 34.0581
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
