Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    863 Towne Ctr Dr Pomona, CA 91767-5901
    Back to Search
    Property profile & analytics

    863 Towne Ctr Dr, Pomona, CA 91767-5901

    View on Map
    • Warehouses
    • 23,675 SF
    • 3.76 lot acres
    Off-Market
    Last Sale Mar 9, 2023
    $18,106,181
    Property ID
    US09-8159132
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • StorQuest Self Storage / Storage Facility

    Property Details for 863 Towne Ctr Dr

    Year built
    1997
    Construction
    TILT-UP CONCRETE
    Lot size
    3.76 lot acres
    Zone code
    POR3*
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    8313-002-036
    APU
    8313002036

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 9, 2023 $18,106,000 Pomona Storage Owner LLC Se Pomona LLC Grant Deed $114M · Pgim Real Estate Finance LLC
    Sep 19, 2016 — Se Pomona LLC Dmpr 4 LLC Quit Claim Deed $5.4M · Barclays Bk/plc
    Jul 17, 2014 $5,550,055 Dmpr4 LLC Ams Group Grant Deed $17.1M · Ge Capital Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Pomona
    County
    Los Angeles
    State
    California
    Longitude
    -117.734
    Latitude
    34.0912
    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
    $230,439
    $8,364,000
    $10,104,120
    $18,468,120
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $9,245,000
      46,500 SF

      2680 Garey Ave

      MINI-WAREHOUSE, STORAGE
      2680 Garey Ave, Pomona, CA 91767-2170
      View Details
    • Value Estimation
      $9,470,000
      62,402 SF

      301 Hershey St, Unit 1

      MINI-WAREHOUSE, STORAGE
      301 Hershey St, Pomona, CA 91767-5811
      View Details
    • Value Estimation
      $705,000
      47,922 SF

      450 Foothill Blvd

      MINI-WAREHOUSE, STORAGE
      450 Foothill Blvd, Pomona, CA 91767-1218
      View Details
    • Value Estimation
      $2,210,000
      16,160 SF

      183 Arrow Hwy

      WAREHOUSE, STORAGE
      183 Arrow Hwy, Pomona, CA 91767-2183
      View Details
    • Value Estimation
      $5,050,000
      39,536 SF

      270 Bonita Ave

      WAREHOUSE, STORAGE
      270 Bonita Ave, Pomona, CA 91767-1924
      View Details
    • Value Estimation
      $1,955,000
      16,800 SF

      764 Indigo Ct Ste C

      WAREHOUSE, STORAGE
      764 Indigo Ct Ste C, Pomona, CA 91767-2269
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      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

      Freestanding Industrial Facility in Pomona

      12,100 SF industrial facility with excellent street frontage.
      298 West Bonita Ave, Pomona, CA 91767
      View Details
    • 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
      View Details

    Similar Nearby for Lease

    • 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
    • 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
    • Contact for pricing
      182,275 SF

      Pomona Industrial Space Sublease

      Industrial space available for sublease in Pomona, California.
      159 N San Antonio Ave, Pomona, CA 91767
      View Details
    • Contact for pricing
      38,871 SF

      Pomona Lot with Freestanding Building

      Expansive lot with a well-maintained freestanding building for lease.
      160 N San Antonio Ave, Pomona, CA 91767
      View Details
    • Contact for pricing

      Industrial Property in Pomona

      Industrial property in Pomona, CA, currently 100% leased.
      2877-2883 Metropolitan Pl, Pomona, CA 91767
      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.
    863 Towne Ctr Dr
    Pomona, CA 91767-5901
    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

    Thank You for Inquiry
    863 Towne Ctr Dr, Pomona, CA, 91767
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!