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    197 2Nd St Pomona, CA 91766

    • Retail space
    • 17,300 SF
    • 0.10 lot acres
    For Sale
    View listing
    $7,900,000
    Value Estimation
    Last Sale
    Oct 06, 2023
    $5,000,050
    Location Intelligence
    Property ID
    US09-6902635
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ce_Fishe / Seafood Restaurant
    • Shaun Diamond Plaza / Park
    • Xecora Pomona / Restaurant
    • Vice Ultra Lounge / Night Club
    • STARS Restobar / Bar & Grill / Brewpub

    Property Details for 197 2Nd St

    Year built
    1932
    Construction
    TILT-UP CONCRETE
    Lot size
    0.10 lot acres
    Property size
    17,300 SF
    Zone code
    POC3*
    Property type
    Retail space
    APN
    8335-009-015
    APU
    8335009015

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,065,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,210,000
      6.5%
      $5,035,000
      7%
      $5,080,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,150,000
      Geo Method
      $4,765,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,035,000
      Retail
      $4,420,000
      Mixed-Use
      $4,090,000
      Hospitality
      $4,990,000
      Educational
      $4,385,000
      Residential Income
      $4,245,000
      Energy
      $4,490,000
      Income-Based Land
      $4,600,000
      Food Service
      $4,815,000

    Location Insight

    • Map
    • Local Demand
    City
    Pomona
    County
    Los Angeles
    State
    California
    Longitude
    -117.749
    Latitude
    34.0581
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $71,609
    $1,500,000
    $3,500,000
    $5,000,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,992 SF

      803 Msn Blvd

      RETAIL STORES (PERSONAL SERVICES) • 4,992 SF
      803 Msn Blvd, Pomona, CA 91766-2045
      View Details
    • Value Estimation by Request
      11,952 SF

      885 Msn Blvd

      RETAIL STORES (PERSONAL SERVICES) • 11,952 SF
      885 Msn Blvd, Pomona, CA 91766-1444
      View Details
    • Value Estimation by Request
      6,636 SF

      1480 Garey Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,636 SF
      1480 Garey Ave, Pomona, CA 91766-4588
      View Details
    • Value Estimation by Request
      7,720 SF

      1886 Garey Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,720 SF
      1886 Garey Ave, Pomona, CA 91766-5238
      View Details
    • Value Estimation by Request
      1,120 SF

      1213 Msn Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,120 SF
      1213 Msn Blvd, Pomona, CA 91766-1345
      View Details
    • Value Estimation by Request
      14,180 SF

      201 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 14,180 SF
      201 2nd St, Pomona, CA 91766
      View Details

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    Similar Nearby for Lease

    • $2,500 /Mo

      Retail Space Available For Rent

      Retail space available for lease at $11 per square foot.
      1160 W Mission Blvd, Pomona, CA 91766
      View Details
    • $1.50 SF/Yr
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      Pomona Retail or Office Space

      Divisible retail or office space available for rent.
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      View Details
    • $2 SF/Yr
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      Pomona Retail Space Available

      Retail space in excellent condition, previously a bank.
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    • $3 SF/Yr
      1,087 SF

      Pomona Office Space For Rent

      Second floor office space available for rent in Pomona.
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      View Details
    • Contact for pricing

      Pomona Specialty Property For Rent

      Specialty property available for rent in Pomona, California.
      160 1St St E, Pomona, CA 91766
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    • $1.55 SF/Yr
      19,146 SF

      Pomona Warehouse Space Available

      Sublease available through 10/31/2026, flexible size range.
      1458 E Mission Blvd, Pomona, CA 91766
      View Details
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    197 2Nd St
    Pomona, CA 91766
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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