401 Foothill Blvd Pomona, CA 91767
Property profile & analytics
401 Foothill Blvd, Pomona, CA 91767
- Turn key restaurants
- 5,755 SF
- 1.02 lot acres
Property ID
US09-8159338
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.
Location Intelligence
Current Use by Public Records
- Smoke and Fire Social Eatery / Restaurant
- Smoke and Fire BBQ / Restaurant
- Pomona's Best Burgers & more / Restaurant / Take-out & Catering
Property Details for 401 Foothill Blvd
- Year built
- 1976
- Construction
- WOOD
- Lot size
- 1.02 lot acres
- Zone code
- POC4-R3200
- Property type
- Turn key restaurants
- APN
- 8304-014-015
- APU
- 8304014015
Description
This exceptional investment opportunity presents a freestanding restaurant building in Pomona, CA, boasting a 5,755 square foot space on a substantial 1.019-acre lot. The property features a strong, long-term absolute NNN lease with a corporate guarantee, providing significant stability and consistent income. The current lease, expiring April 30, 2036, includes a remaining term of approximately 11.4 years, with built-in 2% annual rent increases, ensuring consistent income growth. The property's Net Operating Income (NOI) is $144,000, yielding a 5.24% cap rate at an asking price of $2,750,000. Built in 1976 and renovated in 2021, the single-story building sits on a highly visible corner lot at a signalized intersection on busy Foothill Boulevard. The expansive lot size presents significant redevelopment potential. The property's CG zoning permits high-density residential development (up to 40 units per acre), offering substantial future development opportunities beyond the existing restaurant. The lease includes a 5 + 5 year option. All information should be verified with the City of Pomona.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,435,000
- ML approach
- $2,480,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,897,000
Market price range: $896k - $3.35M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,770,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $3,500,000 Change: +98% Conversion: Difficult
- MEDICAL BUILDING
- $2,615,000 Change: +48% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,890,000 Change: +7% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,840,000 Change: +4% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,690,000 Change: -4% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pomona
- County
- Los Angeles
- State
- California
- Longitude
- -117.742
- Latitude
- 34.1075
- 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
$36,646
$1,845,669
$859,370
$2,705,039
-
$0.00
$0.00
$0.00
