Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1355 Garey Ave Pomona, CA 91766-4412
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1355 Garey Ave Pomona, CA 91766-4412

    View on Map
    • Office buildings
    • 1,408 SF
    • 0.13 lot acres
    Off-Market
    Last Sale Jan 11, 2021
    $90,000
    Property ID
    US10-0175734
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Edward S Chern Inc / Dental Office
    • Dr. Shih-Hsun Chern, DDS / Dental Office
    • Cal American Dental / Dental Office

    Property Details for 1355 Garey Ave

    Year built
    2004
    Construction
    WOOD
    Lot size
    0.13 lot acres
    Property size
    1,408 SF
    Zone code
    POC4*
    Property type
    Office buildings
    APN
    8343-001-018
    APU
    8343001018

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Pomona
    County
    Los Angeles
    State
    California
    Longitude
    -117.75
    Latitude
    34.0467
    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
    $3,428
    $63,888
    $171,606
    $235,494
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,245,000
      11,671 SF

      31 Rancho Camino Dr, Unit 3A

      OFFICE BUILDING • 11,671 SF
      31 Rancho Camino Dr, Pomona, CA 91766-7030
      View Details
    • Value Estimation
      $3,450,000
      12,337 SF

      21 Rancho Camino Dr, Unit 3A

      OFFICE BUILDING • 12,337 SF
      21 Rancho Camino Dr, Pomona, CA 91766-7019
      View Details
    • Value Estimation
      $9,400,000
      29,814 SF

      375 Main St

      OFFICE BUILDING (MULTI-STORY) • 29,814 SF
      375 Main St, Pomona, CA 91766-1633
      View Details
    • Value Estimation by Request
      2,410 SF

      31 Rancho Camino Dr, Unit 1D

      OFFICE BUILDING • 2,410 SF
      31 Rancho Camino Dr, Pomona, CA 91766-7030
      View Details
    • Value Estimation
      $865,000
      6,156 SF

      280 2nd St

      OFFICE BUILDING • 6,156 SF
      280 2nd St, Pomona, CA 91766-1729
      View Details
    • Value Estimation
      $1,035,000
      7,324 SF

      1211 3rd St

      OFFICE BUILDING • 7,324 SF
      1211 3rd St, Pomona, CA 91766
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      New Construction Office Building

      2,638 SF office building with secure parking for sale.
      44 Rio Rancho Rd, Pomona, CA 91766
      View Details
    • Contact for pricing
      116,344 SF

      Nine-Story Office Building in Pomona

      Nine-story office building with on-site management and security.
      300 S Park Ave, Pomona, CA 91766
      View Details
    • $1,100,000
      5,000 SF

      Versatile Warehouse and Office Building

      Two-story warehouse and office building in Pomona, California.
      1056 W 1St St, Pomona, CA 91766
      View Details
    • $1,880,000
      5,776 SF

      Freestanding Commercial Building on Corner

      Vacant commercial building on a corner lot, built in 2007.
      1700 S Garey Ave, Pomona, CA 91766
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      22,605 SF

      Modern Office Space in Pomona

      New office construction with freeway access and nearby amenities.
      21 Rancho Camino Dr, Pomona, CA 91766
      View Details
    • Contact for pricing
      1,566 SF

      Diamond Bar Medical/Professional Office

      First floor medical and professional office space for rent.
      888 Brea Canyon Rd, Diamond Bar, CA 91766
      View Details
    • Contact for pricing

      Pomona Industrial Space For Rent

      13,780 SF industrial space with large yard, available 2026.
      1335 E Grand Ave, Pomona, CA 91766
      View Details
    • $2 SF/Yr
      13,996 SF

      Pomona Office Space For Rent

      Second floor office space in new construction building.
      31 Rancho Camino Dr, Pomona, CA 91766
      View Details
    • Sponsored
      Contact for pricing

      CA, Pomona - Rancho Camino Dr

      Flexible workspace in CA, Pomona - Rancho Camino Dr
      21 Rancho Camino Dr, Pomona, CA 91766
      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.
    1355 Garey Ave
    Pomona, CA 91766-4412
    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.
    Sign Up Successful!
    You now have access to more from Realmo!