1193 2Nd St Pomona, CA 91766
- Manufacturing properties
- 3,660 SF
- 0.17 lot acres
Current Use by Public Records
- Western Glass Co / Glass Merchant
Property Details for 1193 2Nd St
- Year built
- 1946
- Lot size
- 0.17 lot acres
- Property size
- 3,660 SF
- Zone code
- POM1*
- Property type
- Manufacturing properties
- APN
- 8348-014-005
- APU
- 8348014005
Description
This exceptional 3,660-square-foot manufacturing warehouse presents a rare opportunity for owner-users in Pomona, California. Located at 1193 W 2nd St, this single-story, 1946-built structure sits on a 7,561-square-foot lot (APN 8348-014-005) and is zoned POM1. The asking price is $860,000, translating to $234.97 per square foot. The property boasts a significant advantage with its high-power capacity of 400 amps, ideal for various industrial applications. Its freestanding design offers excellent accessibility and potential for customization. This central Pomona location provides easy access to major transportation arteries, including the CA 10, 60, and 71 freeways, significantly reducing commute times and logistical challenges. The current market scarcity of comparable industrial buildings in the area further underscores the value and potential of this property. This is a unique chance to acquire a well-situated, functional industrial space in a high-demand market. The property's solid construction and prime location make it an attractive investment for businesses seeking a strategic foothold in the thriving Pomona industrial sector. Don't miss this opportunity to own a piece of Pomona's industrial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $425,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $465,000
- 6.5%
- $505,000
- 7%
- $455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $425,000
- Geo Method
- $500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $550,000
- Retail
- $575,000
- Mixed-Use
- $550,000
- Hospitality
- $605,000
- Educational
- $580,000
- Residential Income
- $545,000
- Energy
- $580,000
- Income-Based Land
- $585,000
- Food Service
- $560,000
Location Insight
- Map
- Local Demand
- City
- Pomona
- County
- Los Angeles
- State
- California
- Longitude
- -117.765
- Latitude
- 34.0577
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
