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    Property profile & analytics

    631 Monterey Ave Pomona, CA 91767-5607

    • Warehouses
    • 9,216 SF
    • 0.44 lot acres
    OFF-MARKET
    Value Estimations
    $1,325,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0132195
    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.

    Current Use by Public Records

    • Infinity Commerce Inc / Department Store
    • SwordNArmory.com / (Bike/Boat/Book/etc) Store
    • Samuel's Dumpster Rental Pomona / General Contractor / Waste Management Facility

    Property Details for 631 Monterey Ave

    Year built
    1987
    Construction
    TILT-UP CONCRETE
    Lot size
    0.44 lot acres
    Property size
    9,216 SF
    Zone code
    POC4*
    Property type
    Warehouses
    APN
    8337-018-036
    APU
    8337018036

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,140,000
      Current use
      INDUSTRIAL (GENERAL)
      $1,965,000
      Change: -8% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Pomona
    County
    Los Angeles
    State
    California
    Longitude
    -117.738
    Latitude
    34.0612
    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
    $15,272
    $671,617
    $480,147
    $1,151,764
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $5,975,000
      46,500 SF

      2700 Kimball Ave

      WAREHOUSE, STORAGE • 46,500 SF
      2700 Kimball Ave, Pomona, CA 91767-2200
      View Details
    • Value Estimation
      $1,025,000
      8,640 SF

      1200 Price Ave

      WAREHOUSE, STORAGE • 8,640 SF
      1200 Price Ave, Pomona, CA 91767-5808
      View Details
    • Value Estimation
      $1,040,000
      5,372 SF

      873 Arrow Hwy

      WAREHOUSE, STORAGE • 5,372 SF
      873 Arrow Hwy, Pomona, CA 91767-2588
      View Details
    • Value Estimation by Request
      23,675 SF

      863 Towne Ctr Dr

      MINI-WAREHOUSE, STORAGE • 23,675 SF
      863 Towne Ctr Dr, Pomona, CA 91767-5901
      View Details
    • Value Estimation by Request
      6,000 SF

      2875 Metropolitan Pl

      Distribution properties • 6,000 SF
      2875 Metropolitan Pl, Pomona, CA 91767
      View Details
    • Value Estimation
      $12,470,000
      93,716 SF

      260 Santa Fe St

      WAREHOUSE, STORAGE • 93,716 SF
      260 Santa Fe St, Pomona, CA 91767-2116
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,080 SF

      Free Standing Truck-Repair Facility

      Free standing truck-repair facility with secure fenced yard.
      1100 Price Ave, Pomona, CA 91767
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    • $640,000

      Office/Warehouse Space Near Downtown Pomona

      Well-maintained office/warehouse space, minutes from the 10 Freeway.
      342 N Towne Ave, Pomona, CA 91767
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    • $1,710,000

      Pomona Warehouse on Large Lot

      Free-standing warehouse on a 0.43 acre lot in Pomona.
      205-215 Hershey St, Pomona, CA 91767
      View Details
    • $2,185,000
      9,500 SF

      Hershey Street Office & Warehouse

      Prime Pomona location, 9,500 SF, M-1 zoning.
      205 Hershey St, Pomona, CA 91767
      View Details
    • $640,000

      Office/Warehouse Space Near Downtown Pomona

      Well-maintained office/warehouse space, minutes from the 10 Freeway.
      342 N Towne Ave, Pomona, CA 91767
      View Details
    • Contact for pricing

      Industrial Building Near Freeways

      Freestanding industrial building with gated yard near freeways.
      158 Gentry St, Pomona, CA 91767
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    Similar Nearby for Lease

    • Contact for pricing
      20,000 SF

      Pomona Warehouse with Secured Yard

      20,000 SF warehouse with secured yard available for sublease.
      2700-2701 Kimball Ave, Pomona, CA 91767
      View Details
    • $12 SF/Yr
      47,256 SF

      Pomona Industrial Distribution Center

      40,075 SF Warehouse Space Available
      270 Bonita Ave, Pomona, CA 91767
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    • Contact for pricing
      3,645 SF

      Pomona Warehouse with Mezzanine Office

      Multi-tenant warehouse space with mezzanine office, convenient freeway access.
      100 S Reservoir St, Pomona, CA 91767
      View Details
    • $1,710,000
      9,500 SF

      Pomona Freestanding Industrial Building

      Freestanding industrial building on 0.43 acre lot for lease.
      205 Hershey St, Pomona, CA 91767
      View Details
    • Contact for pricing

      Pomona Warehouse with Secured Yard

      Multi-tenant warehouse with secured yard available for sublease.
      2701 Kimball Ave, Pomona, CA 91767
      View Details
    • Contact for pricing
      23,589 SF

      Pomona Warehouse with Heavy Power

      23,589 SF warehouse with immediate freeway access.
      2707 N Garey Ave, Pomona, CA 91767
      View Details
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    631 Monterey Ave
    Pomona, CA 91767-5607
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    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
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