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Property profile & analytics
OFF-MARKET
Estimated value
$4,695,000
Grocery and convenience stores
2098 Garey Ave, Pomona, CA 91766-5726
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0144216
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1994
Construction
WOOD
Total area
2,612 SF
Lot
0.64 ac (27,946 SF)
Zoning code
POC4*
APN
8331-002-052
UPID
US10-0144216
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
-
Jack in the Box Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.70M
Owner & transaction history
Riha Properties LLC · 5 yrs held
Riha Properties LLC
since 2021
Last sale
$4.6M
7 recorded transactions
Zoning & alternative use
POC4* · Pomona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$5,160,000
ML approach
$4,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.70M
Range $4.23M – $5.16M · ±10% · vs last sale $4.56M (Jun 4 2021)
Last sale anchor
$4.56M
Jun 4 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
$1,797 / 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
$63,383
Tax year 2024
Assessed value
$4,833,802
Assessed 2024
Previous assessed
$4,833,802
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$1,910,174
Assessed improvement
$2,923,628
Applied tax rate
11.0000
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
1994
Construction
WOOD
Heating
NONE
Cooling
OTHER
Stories
1
Total area
2,612 SF
Lot
0.64 ac (27,946 SF)
Zoning code
POC4*
APN
8331-002-052
UPID
US10-0144216
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.
Building & site characteristics
From public records
Year built
1994
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Riha Properties LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4135 W MCFARLANE AVE, BURBANK, CA 91505-4105
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2021
$4,555,000
Riha Properties LLC
Cj Choi Corp
Grant Deed
—
Nov 1, 2019
—
Cj Choi Corp
—
Deed
related
—
Apr 5, 2019
—
Cj Choi Corp
Choi Candie 2011 Trust
Quit Claim Deed
—
Sep 20, 2017
$3,550,000
Choi,candie 2011 Trust
6814 Lankershim Associates LP
Grant Deed
$1,500,000 · Bank Of Hope
Nov 30, 2004
$699,000
6814 Lankershim Associates
Connelly,nita W
Grant Deed
$722,000 · Bank Of America
Nov 30, 2004
—
Nita W Connelly
Irvine-mclaren Trust
Grant Deed
related
—
Dec 13, 2002
—
Union Bank Of California
Cnl Net Lease Funding 2001 LP
Grant Deed
related
—
Oct 3, 1994
$1,000,000
Cnl Net Lease Investors LP
Foodmaker INC
Grant Deed
—
Jul 29, 1994
$475,000
Foodmaker INC
Smith's Food & D
Grant Deed
related
—
Mar 2, 1993
$565,000
Smith's Food & Drug Ctr INC
Riley,gilbert L
Grant Deed
—
Dec 21, 1992
$1,185,000
S Food Smith
—
Grant Deed
related
—
—
—
Cj Choi Corp
—
Loan Modification
related
—
—
—
State Street Bank & Trust Co
—
Deed Of Trust
related
—
—
—
Cnl Net Lease Funding 2001 LP
—
Deed Of Trust
related
$1,256,583 · Wells Fargo Bank Minnesota
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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