Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    706 Rte 66 Glendora, CA 91740-4133

    • Turn key restaurants
    • 2,990 SF
    • 0.66 lot acres
    OFF-MARKET
    Last Sale
    Mar 09, 2020
    $455,000
    Value Estimations
    $480,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0245564
    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

    • Wendy's / Fast Food Restaurant / Breakfast Restaurant
    • Cisneros Furnace and Air Conditioning / Heating Equipment Supplier

    Property Details for 706 Rte 66

    Year built
    2022
    Construction
    WOOD
    Lot size
    0.66 lot acres
    Property size
    2,990 SF
    Zone code
    GDC_RT66SP
    Property type
    Turn key restaurants
    APN
    8633-017-021
    APU
    8633017021

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $480,000
      ML approach
      $510,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $450,000
      Market price range: $273k - $635k

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

    Location Insight

    • Map
    • Local Demand
    City
    Glendora
    County
    Los Angeles
    State
    California
    Longitude
    -117.877
    Latitude
    34.1282
    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
    $21,753
    $296,413
    $1,052,640
    $1,349,053
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $425,000
      13,271 SF

      1031 Rte 66

      RESTAURANT • 13,271 SF
      1031 Rte 66, Glendora, CA 91740-6357
      View Details
    • Value Estimation
      $290,000
      1,344 SF

      731 Rte 66

      RESTAURANT • 1,344 SF
      731 Rte 66, Glendora, CA 91740-4134
      View Details
    • Value Estimation
      $260,000
      1,248 SF

      213 Rte 66

      RESTAURANT • 1,248 SF
      213 Rte 66, Glendora, CA 91740-6210
      View Details
    • Value Estimation
      $215,000
      5,830 SF

      1223 Rte 66

      RESTAURANT • 5,830 SF
      1223 Rte 66, Glendora, CA 91740-3705
      View Details
    • Value Estimation
      $255,000
      551 SF

      915 Rte 66

      RESTAURANT • 551 SF
      915 Rte 66, Glendora, CA 91740-3608
      View Details
    • Value Estimation
      $360,000
      2,181 SF

      810 Grand Ave

      RESTAURANT • 2,181 SF
      810 Grand Ave, Glendora, CA 91740-4806
      View Details

    Similar Nearby for Sale

    • $4,500,000
      6,104 SF

      Restaurant Ready for New Owner

      Second generation restaurant with existing buildout and equipment.
      1317 S Lone Hill Ave, Glendora, CA 91740
      View Details
    • $1,699,999

      Glendora Restaurant Investment Opportunity

      Restaurant property for sale with long-term tenant and steady income.
      640 Route 66 W, Glendora, CA 91740
      View Details
    • $205,000

      Established Canvas Business Opportunity

      Turnkey canvas business with 60+ years of operation in Glendora.
      431 Route 66 E, Glendora, CA 91740
      View Details
    • Contact for pricing
      4,775 SF

      Mixed-Use Development Opportunity

      Proposed mixed-use development featuring residential and commercial units.
      2010-2022 Route 66 E, Glendora, CA 91740
      View Details
    • $140,000

      Glendora Mobile Home with Upgrades

      Mobile home in Glendora, near amenities and freeways.
      1700 S Glendora Ave, Glendora, CA 91740
      View Details
    • $125,000

      Glendora 55+ Community Mobile Home

      Move-in ready mobile home in a desirable 55+ community.
      337 Route 66 W, Glendora, CA 91740
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,041 SF

      Glendora Food Hall Spaces

      Premier Food Hall in Glendora, CA
      905 Arrow Hwy, Glendora, CA 91740
      View Details
    • $1.55 SF/Yr
      2,505 SF

      Retail Space Available For Rent

      Retail space available for lease in Glendora, California.
      947 Route 66 E, Glendora, CA 91740
      View Details
    • $27 SF/Yr
      21,254 SF

      Glendora Retail Space For Lease

      Prime Route 66 Retail, Multiple Units Available
      2100 Route 66, Glendora, CA 91740
      View Details
    • Contact for pricing
      1,855 SF

      Glendora Retail Space - Route 66

      Prime Glendora location, 1855 sq ft retail space.
      1834 Route 66, Glendora, CA 91740
      View Details
    • $48 SF/Yr
      7,500 SF

      Glendora Retail/Medical Space

      High-visibility, ±7500 SF available
      828 Grand Ave, Glendora, CA 91740
      View Details
    • Contact for pricing
      4,566 SF

      Glendora Retail Space for Lease

      Prime location, 4,566 sq ft, ample parking.
      625 Lone Hill Ave, Glendora, CA 91740
      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.
    706 Rte 66
    Glendora, CA 91740-4133
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.