Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1215 White Ave Pomona, CA 91768-1930

    • Turn key restaurants
    • 1,980 SF
    • 0.35 lot acres
    OFF-MARKET
    Last Sale
    Oct 15, 2021
    $1,300,013
    Value Estimations
    $1,205,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7740319
    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

    • Bravo Burgers / Hamburger Restaurant / Breakfast Restaurant

    Property Details for 1215 White Ave

    Year built
    1981
    Construction
    TILT-UP CONCRETE
    Lot size
    0.35 lot acres
    Property size
    1,980 SF
    Zone code
    POC2*
    Property type
    Turn key restaurants
    APN
    8358-003-027
    APU
    8358003027

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,215,000
      ML approach
      $1,275,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $964,000
      Market price range: $308k - $1.15M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pomona
    County
    Los Angeles
    State
    California
    Longitude
    -117.76
    Latitude
    34.0698
    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
    $15,582
    $808,390
    $221,605
    $1,029,995
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $250,000
      11,918 SF

      3220 Temple Ave

      RESTAURANT • 11,918 SF
      3220 Temple Ave, Pomona, CA 91768-3283
      View Details
    • Value Estimation
      $340,000
      1,155 SF

      1611 Holt Ave

      RESTAURANT • 1,155 SF
      1611 Holt Ave, Pomona, CA 91768-3341
      View Details
    • Value Estimation
      $1,970,000
      3,392 SF

      1504 Gillette Rd

      RESTAURANT • 3,392 SF
      1504 Gillette Rd, Pomona, CA 91768-1241
      View Details
    • Value Estimation
      $255,000
      468 SF

      1382 Holt Ave

      RESTAURANT • 468 SF
      1382 Holt Ave, Pomona, CA 91768-3445
      View Details
    • Value Estimation
      $290,000
      6,296 SF

      2003 Mt Vernon Ave

      RESTAURANT • 6,296 SF
      2003 Mt Vernon Ave, Pomona, CA 91768
      View Details
    • Value Estimation
      $265,000
      920 SF

      864 Holt Ave

      RESTAURANT • 920 SF
      864 Holt Ave, Pomona, CA 91768-3406
      View Details

    Similar Nearby for Sale

    • $49,900

      Operating Restaurant with Beer-Wine License

      Turnkey restaurant with parking and beer-wine license for sale.
      1395 W Holt Ave, Pomona, CA 91768
      View Details
    • $2,150,000

      Retail Shopping Center For Sale

      Retail shopping center with warehouse in Pomona, CA.
      1470 W Holt Ave, Pomona, CA 91768
      View Details
    • $185,000

      Established Auto Repair Business Opportunity

      Auto repair shop in North Pomona with established clientele.
      847 N Gordon St, Pomona, CA 91768
      View Details
    • Contact for pricing
      770 SF

      Pomona Retail Space - High Visibility

      Prime corner retail space, high traffic area. Ideal for small business.
      1484 Ave, Pomona, CA 91768
      View Details
    • Contact for pricing
      3,392 SF

      Pomona Retail Space - High Traffic!

      Prime Retail Building, 3,392 sq ft, 1.14 acres.
      1504 Rd, Pomona, CA 91768
      View Details
    • $2,650,000
      8,104 SF

      Pomona Multifamily Investment

      10-Unit Apartment Building, High ROI
      1072 Wilson St, Pomona, CA 91768
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      45,777 SF

      Pomona Retail Space for Lease

      Prime retail spaces with high visibility and consumer traffic.
      656-728 Fairplex Dr, Pomona, CA 91768
      View Details
    • $3,495,000
      3,392 SF

      Restaurant Opportunity on Acre Lot

      3,392 SF restaurant building on over an acre of land.
      1504 Gillette Rd, Pomona, CA 91768
      View Details
    • Contact for pricing

      Pomona Retail Space Near Downtown

      Vacant retail space near downtown Pomona with parking.
      400 Park Ave N, Pomona, CA 91768
      View Details
    • Contact for pricing
      107,604 SF

      Pomona Retail Space Available

      Prime Pomona retail space, multiple units.
      801 Corporate Center Dr, Pomona, CA 91768
      View Details
    • $23 SF/Yr
      27,738 SF

      University Plaza: Pomona Retail Space

      Prime Pomona retail space, multiple units available.
      3580 Temple Ave, Pomona, CA 91768
      View Details
    • $1,500,000
      2,768 SF

      Pomona Auto Repair Space

      Auto repair space on a ±7,000 SF lot.
      334 E Center St, Pomona, CA 91768
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1215 White Ave
    Pomona, CA 91768-1930
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.