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Property profile & analytics
OFF-MARKET
Estimated value
$3,100,000
Automotive properties
8 Rio Rancho Rd Pomona, CA 91766-4719
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0128524
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1990
Construction
TILT-UP CONCRETE
Total area
10,706 SF
Lot
2.09 ac (91,112 SF)
Zoning code
POR17200-R
APN
8344-024-013
UPID
US10-0128524
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
-
Shell Recharge Charging Station Electric Vehicle Charging Station
-
Pomona Kia Service & Parts Auto Repair Shop
-
Pomona Kia Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.13M
Blend (final)
Blend
$3.10M
Owner & transaction history
Kenneth Phillips · 8 yrs held
Kenneth Phillips
since 2018
7 recorded transactions
Zoning & alternative use
POR17200-R · Pomona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.9M
+42.2%
Office building
$4.3M
+25.1%
Commercial (general)
$4.0M
+16.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,425,000
Current use
MEDICAL BUILDING
$4,865,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$4,285,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,995,000
Change: +17% · Conversion: Moderate
RESTAURANT
$3,290,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$3.10M
Range $2.79M – $3.41M · ±10%
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
$290 / 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
$74,273
Tax year 2024
Assessed value
$5,689,143
Assessed 2024
Previous assessed
$5,689,143
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$3,904,315
Assessed improvement
$1,784,828
Applied tax rate
7.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
10,706 SF
Lot
2.09 ac (91,112 SF)
Zoning code
POR17200-R
APN
8344-024-013
UPID
US10-0128524
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
POR17200-R · Pomona, CA
Zoning POR17200-R · permitted uses
POR17200-R · 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
AUTO REPAIR, GARAGE Current
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$4.9M
OFFICE BUILDING
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$4.0M
RESTAURANT
Est. value
$3.3M
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
2.09 ac
Current owner
From public records · entity-resolved
Kenneth Phillips
Individual
Mailing address
11 MADRIGAL, SAN CLEMENTE, CA 92673-2735
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2019
—
Rio Venture Group LLC
—
Deed
related
$3,250,000 · California Cu
Mar 15, 2018
—
Rio Venture Group LLC
—
Deed
related
$2,805,000 · Hanmi Bank
Jan 17, 2018
—
Kenneth Phillips
Phillips,robin
Quit Claim Deed
—
Jan 17, 2018
$5,100,000
Rio Ventures Group LLC
Kars Holdings INC
Grant Deed
$3,000,000 · Reto Eberle
Apr 8, 2005
$2,650,000
Kars Holdings INC
8 Rio Rancho LLC
Grant Deed
$1,325,000 · Community Bank
Oct 7, 1997
$2,155,000
8 Rio Rancho LLC
Chang,andrew S & Linda L
Grant Deed
—
Sep 12, 1995
—
Chang,andrew S & Linda L
Contnl Inv Grp,
Trustees Deed
related
—
Jul 3, 1995
—
Contnl Inv Grp
Boston,mtg
Grant Deed
related
—
Mar 28, 1994
—
Mtg Boston
Chang,r C&y
Grant Deed
related
—
Jan 18, 1994
$1,000
Chu Chang
Chang,andy
Grant Deed
related
—
Jun 12, 1992
—
Andrew Chang
Chang,richard C
Quit Claim Deed
related
—
—
—
8 Rio Rancho LLC
—
Deed Of Trust
related
$700,000 · Interbusiness Bank NA
—
—
Andrew S Chang
—
Deed Of Trust
related
$1,349,215 · General Bank
—
—
Rio Rancho LLC
—
Deed Of Trust
related
$1,365,000 · First Continental Bank
—
—
8 Rio Rancho LLC
—
Deed Of Trust
related
$500,000 · Interbusiness Bank NA
—
—
Rio Rancho LLC
—
Deed Of Trust
related
$500,000 · Interbusiness Bank NA
—
—
Andy Chang
—
Deed Of Trust
related
$400,000 · Individual
—
—
Rio Venture Group LLC
—
Deed Of Trust
related
$3,250,000 · California Cu
—
—
Rio Venture Group LLC
—
Deed Of Trust
related
$3,250,000 · California Cu
—
—
Kars Holdings INC
—
Deed Of Trust
related
$746,000 · Cdc Small Business Finance Co
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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