Individually Owned 
For Lease
1 / 25
$4,004/Mo
1192 N Garey Ave, Pomona, CA 91767
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Property summary
AI-generated overview
A freestanding commercial building with approximately 2,288 square feet of interior space, remodeled from the ground up for professional use. The interior includes 14 private office rooms, a lobby and reception area, multiple workstations, a breakroom with cabinetry and a sink, and additional storage. The property is situated on a highly visible, signalized corner and provides 10 gated private on-site parking spaces. It is positioned about two blocks south of the 10 Freeway and is minutes from Pomona Valley Hospital, supporting access to the surrounding area. The layout is configured to support a range of office and service-oriented uses, including medical, dental, legal, real estate, administrative, insurance, escrow, accounting, and it is also suitable for retail use.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Construction
WOOD
Total area
2,288 SF
Lot
0.17 ac (7,199 SF)
Zoning code
POC4*
APN
8339-024-010
UPID
US09-7956087
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$510k
Comparable Approach
Comparable
$628k
Blend (final)
Blend
$570k
Owner & transaction history
since 2022
Last sale
$620,006
4 recorded transactions
Zoning & alternative use
POC4* · Pomona, CA
Top alternative use upside
Commercial (general)
$750,000
+82.6%
Auto repair, garage
$730,000
+78.0%
Warehouse, storage
$530,000
+29.2%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 19 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$570k
Value range
$513k – $627k
±10% around blend
Estimated value / SF
$249 / SF
Confidence
High
19 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$513k
blend $570k
$627k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,288 SF
Lot area
0.17 ac
Year built
1955
Stories
1
APN
8339-024-010
Zoning
POC4*
Assessed value
$632,400
Annual tax
$8,260
3
Income approach: direct capitalization
Partial preview
Income approach indication
$510k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$550k
@ 6.5% CAP return
$510k
@ 7% CAP return
$475k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$8,260
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$858k
Weighted, 19 comps · high confidence
Evidence
19 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.8 mi away · 2,225 SF
9.9 mi away · 1,800 SF
15.1 mi away · 2,966 SF
15.4 mi away · 2,100 SF
18.3 mi away · 2,400 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$570k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 19 sales
$180
+39%
Submarket 67 sales
$216
+16%
County 3566 sales
$383
-35%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $249/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+83%
vs current-use indication
Auto Repair, Garage
Warehouse, Storage
Office Building
Retail Stores · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 19 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
5.80%
Selected cap rate for this retail space
Derived from the Pomona market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.80%
9.0%
NOI (est.)
$37k *
Last sale · Oct 2022
$620k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$637k
Move the market yield to see immediate price impact.
Value / SF
$278
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.30%5.80%6.30%
$33k
$627k
$573k
$527k
$37k
$697k
$637k
$586k
$41k
$766k
$700k
$645k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
19 found
High confidence · county-verified
Closest comparable
$1.00M
6.0 mi · Apr 2026 · $417/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$8,260
Tax year 2024
Assessed value
$632,400
Assessed 2024
Previous assessed
$632,400
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$612,000
Assessed improvement
$20,400
Applied tax rate
13.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1955
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,288 SF
Lot
0.17 ac (7,199 SF)
Zoning code
POC4*
APN
8339-024-010
UPID
US09-7956087
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
POC4* · Pomona, CAZoning POC4* · permitted uses
POC4* · Pomona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1955
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.17 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
POC4*
Jurisdiction
Pomona, CA
Recorded code
POC4*
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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