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Property profile & analytics
OFF-MARKET
Estimated value
$9,260,000
Grocery and convenience stores
1555 Garey Ave, Pomona, CA 91766-5222
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8564614
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1976
Construction
WOOD
Total area
24,400 SF
Lot
2.04 ac (88,699 SF)
Zoning code
POC4*
APN
8343-028-038
UPID
US09-8564614
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
East Valley Community Health Center, Inc. Medical Clinic
-
BENEDICTA OFUNNE OMOKO Pediatrician Physician
-
East Valley Community Health Center - Pomona Association Or Organization
-
Ann Du Physician
-
Public Art Catching Hope Cultural Landmark
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.58M
Blend (final)
Blend
$9.26M
Owner & transaction history
Schwarzblatt Family LLC · 5 yrs held
Schwarzblatt Family LLC
since 2021
Last sale
$8.9M
6 recorded transactions
Zoning & alternative use
POC4* · Pomona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$14.9M
+164.8%
Medical building
$11.1M
+97.8%
Office building
$9.8M
+74.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pomona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pomona submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$10,075,000
ML approach
$9,835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$5,610,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$14,850,000
Change: +165% · Conversion: Moderate
MEDICAL BUILDING
$11,090,000
Change: +98% · Conversion: Difficult
OFFICE BUILDING
$9,760,000
Change: +74% · Conversion: Easy
COMMERCIAL (GENERAL)
$9,100,000
Change: +62% · Conversion: Easy
AUTO REPAIR, GARAGE
$7,800,000
Change: +39% · Conversion: Difficult
RESTAURANT
$7,500,000
Change: +34% · Conversion: Easy
Blend value · Realmo final
$9.26M
Range $8.33M – $10.19M · ±10% · vs last sale $8.90M (Feb 10 2021)
Last sale anchor
$8.90M
Feb 10 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$380 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$92,609
Tax year 2024
Assessed value
$6,875,307
Assessed 2024
Previous assessed
$6,875,307
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$3,104,565
Assessed improvement
$3,770,742
Applied tax rate
7.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1976
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
24,400 SF
Lot
2.04 ac (88,699 SF)
Zoning code
POC4*
APN
8343-028-038
UPID
US09-8564614
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
POC4* · Pomona, CA
Zoning POC4* · permitted uses
POC4* · Pomona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pomona. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.9M
MEDICAL BUILDING
Est. value
$11.1M
OFFICE BUILDING
Est. value
$9.8M
COMMERCIAL (GENERAL)
Est. value
$9.1M
AUTO REPAIR, GARAGE
Est. value
$7.8M
RESTAURANT
Est. value
$7.5M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.04 ac
Current owner
From public records · entity-resolved
Schwarzblatt Family LLC
Entity
Mailing address
9454 WILSHIRE BLVD STE #207, BEVERLY HILLS, CA 90212-2903
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2021
—
Schwarzblatt Family LLC
Gerhard Schwarzblatt
Intrafamily Transfer
related
—
Sep 25, 2019
—
Schwarzblatt,monica Trust
Schwarzblatt,monica
Affidavit Of Death
—
Dec 21, 2015
—
Schwarzblatt,gerry & M Trust
Schwarzblatt M & G Trust
Quit Claim Deed
related
$5,825,000 · Miscellaneous Ins Co
Sep 18, 2015
$8,900,000
Schwarzbaltt,monica & G Trust
1555 S Garey Avenue LLC
Grant Deed
—
Nov 21, 2007
$4,600,000
1555 S Garey Avenue LLC
Gershman Properties LLC
Grant Deed
—
Oct 15, 1998
—
Props Gershman
Gershman,r A & C Co-trustees
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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