Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1663 2nd St Pomona, CA 91766-1252
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1663 2nd St Pomona, CA 91766-1252

    View on Map
    • Warehouses
    • 16,728 SF
    • 0.81 lot acres
    Off-Market
    Property ID
    US09-7659102
    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
    $3,265,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turtle King Corporation / Big Box & Wholesale Store

    Property Details for 1663 2nd St

    Year built
    2007
    Construction
    TILT-UP CONCRETE
    Lot size
    0.81 lot acres
    Property size
    16,728 SF
    Zone code
    POM1*
    Property type
    Warehouses
    APN
    8348-022-007
    APU
    8348022007

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,595,000
      6.5%
      $4,240,000
      7%
      $3,935,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $3,550,000
      Current use
      AUTO REPAIR, GARAGE
      $5,350,000
      Change: +51% Conversion: Easy
      RESTAURANT
      $5,140,000
      Change: +45% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Pomona
    County
    Los Angeles
    State
    California
    Longitude
    -117.779
    Latitude
    34.057
    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
    $51,564
    $1,673,277
    $2,424,578
    $4,097,855
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,315,000
      12,144 SF

      215 Myrtle Ave

      WAREHOUSE, STORAGE • 12,144 SF
      215 Myrtle Ave, Pomona, CA 91766-1349
      View Details
    • Value Estimation
      $725,000
      3,308 SF

      1276 1st St

      WAREHOUSE, STORAGE • 3,308 SF
      1276 1st St, Pomona, CA 91766-1303
      View Details
    • Value Estimation
      $590,000
      5,200 SF

      910 4th St

      WAREHOUSE, STORAGE • 5,200 SF
      910 4th St, Pomona, CA 91766-1425
      View Details
    • Value Estimation
      $4,880,000
      340 SF

      1132 1st St

      STORAGE YARD, OPEN STORAGE • 340 SF
      1132 1st St, Pomona, CA 91766
      View Details
    • Value Estimation
      $6,010,000
      41,608 SF

      1793 2nd St

      WAREHOUSE, STORAGE • 41,608 SF
      1793 2nd St, Pomona, CA 91766-1253
      View Details
    • Value Estimation
      $2,695,000
      15,600 SF

      1723 2nd St

      WAREHOUSE, STORAGE • 15,600 SF
      1723 2nd St, Pomona, CA 91766-1253
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,425 SF

      Industrial Trucking & Logistics Property

      Industrial property suitable for trucking, logistics, and secure yard use.
      1405-1419 E Mission Blvd, Pomona, CA 91766
      View Details
    • Contact for pricing
      3,660 SF

      Pomona Warehouse with Yard

      Industrial warehouse with yard area and central location.
      1193 W 2Nd St, Pomona, CA 91766
      View Details
    • Contact for pricing
      2,900 SF

      Central Kitchen & Food Processing

      Renovated central kitchen with cold storage, ready for production.
      1220 E Lexington Ave, Pomona, CA 91766
      View Details
    • $1,819,400
      6,616 SF

      Divisible Warehouse Buildings with Yard

      Two divisible buildings with secured yard and freeway access.
      1266-1276 W 1St St, Pomona, CA 91766
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      33,800 SF

      Pomona Warehouse with Fenced Yard

      Multi-tenant warehouse with office, dock high spots, and yard.
      1395 E Lexington Ave, Pomona, CA 91766
      View Details
    • Contact for pricing
      71,522 SF

      Pomona Warehouse with Expansion Potential

      Multi-tenant warehouse with office space, yard, and freeway access.
      1350 E Lexington Ave, Pomona, CA 91766
      View Details
    • Contact for pricing
      7,800 SF

      Free Standing Pomona Warehouse

      Free standing building in downtown Pomona with ample parking.
      501 W 2Nd St, Pomona, CA 91766
      View Details
    • Contact for pricing
      43,493 SF

      Pomona Warehouse with Fenced Yard

      Industrial warehouse with offices and oversized fenced yard for lease.
      1820 S Reservoir St, Pomona, CA 91766
      View Details
    • Contact for pricing
      247,512 SF

      Pomona Warehouse with Secured Yard

      Sublease warehouse with offices, dock loading, and secured yard.
      1601 W Mission Blvd, Pomona, CA 91766
      View Details
    • Contact for pricing
      74,052 SF

      Pomona Warehouse with Truck Court

      Freestanding warehouse on 3.4 acres, near 60 Freeway.
      1258 S Reservoir St, 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.
    1663 2nd St
    Pomona, CA 91766-1252
    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!