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Property profile & analytics
FOR LEASE
Retail space
691 Indian Hill Blvd, Pomona, CA 91767
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8591804
For Lease
1 / 5
$4,230,000
691 Indian Hill Blvd, Pomona, CA 91767
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1961
Construction
WOOD
Total area
25,247 SF
Lot
2.65 ac (115,256 SF)
Zoning code
POCC*
APN
8323-024-029
UPID
US09-8591804
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
-
Steven Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.06M
CAP Approach
CAP
$5.63M
Comparable Approach
Comparable
$5.15M
Blend (final)
Blend
$4.23M
Owner & transaction history
Best Western Summit Inn INC · 3 yrs held
Best Western Summit Inn INC
since 2022
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
POCC* · Pomona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$5.9M
+29.2%
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
$4,055,000
ML approach
$4,060,000
CAP Approach
CAP Return
Estimation
6%
$6,095,000
6.5%
$5,625,000
7%
$5,225,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,535,000
Current use
WAREHOUSE, STORAGE
$5,860,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$4.23M
Range $3.81M – $4.65M · ±10% · vs last sale $4.40M (Nov 29 2022)
Last sale anchor
$4.40M
Nov 29 2022
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
$168 / 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
$70,143
Tax year 2024
Assessed value
$4,488,000
Assessed 2024
Previous assessed
$4,488,000
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$918,000
Assessed improvement
$3,570,000
Applied tax rate
13.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1961
Construction
WOOD
Heating
NONE
Buildings
4
Stories
1
Total area
25,247 SF
Lot
2.65 ac (115,256 SF)
Zoning code
POCC*
APN
8323-024-029
UPID
US09-8591804
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
POCC* · Pomona, CA
Zoning POCC* · permitted uses
POCC* · 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
$4.5M
WAREHOUSE, STORAGE
Est. value
$5.9M
RETAIL STORES Current
WAREHOUSE, STORAGE
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
1961
Construction
WOOD
Heating
NONE
Stories
1
Buildings
4
Lot
2.65 ac
Current owner
From public records · entity-resolved
Best Western Summit Inn INC
Entity
Mailing address
12823 MOORSHIRE DR, CERRITOS, CA 90703-7259
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2022
$4,400,000
Best Western Summit Inn INC
John P Gordon
Grant Deed
$1,730,000 · F & La Properties LLC
Jun 28, 2019
$2,264,000
Gordon Family Trust
Fertig Family Trust
Grant Deed
—
Jul 14, 2015
—
Fertig Family Trust
Fertig,peter M & Virginia L
Quit Claim Deed
related
—
Apr 18, 2013
—
Gordon Family Trust
Gordon,john P & Clare W
Quit Claim Deed
related
—
Dec 15, 2008
—
Kloss Family Trust
Kloss,carl JR & Kathleen M
Quit Claim Deed
related
—
Jul 2, 1993
$200,000
Peter M Fertig
Fertig,peter M &
Grant Deed
related
—
—
—
Peter M Fertig
—
Deed Of Trust
related
$1,620,000 · Universal Bank
—
—
Peter M Fertig
—
Deed Of Trust
related
$1,217,530 · Banco Popular North America
—
—
Peter M Fertig
—
Deed Of Trust
related
$1,520,000 · Quaker City Financial Corp
—
—
Peter M A Fertig
—
Deed Of Trust
related
$700,000 · Santa Paula Savings & Loan
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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