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Property profile

864 Holt Ave Pomona, CA 91768

OFF-MARKET
Turn key restaurants
Property ID
US09-7731665
View Sample
920 SF 0.19 ac lot Built 1946
Individually Owned 33-yr Hold Absentee Owner Free & Clear

Property summary

AI-generated overview

This exceptional business opportunity presents a thriving fast food restaurant located at 864 Holt, Pomona, CA. Priced at $80,000, this established eatery boasts an excellent menu and a loyal customer base cultivated over time. Situated in a high-traffic area of Pomona, the restaurant benefits from a dense concentration of businesses, family homes, and apartment buildings, ensuring a consistent flow of potential customers. The property's location within a bustling commercial zone provides significant advantages for continued growth and profitability. The current operation is well-positioned to capitalize on the existing strong customer base and the high volume of foot traffic in the immediate vicinity. This turnkey operation offers a significant advantage for a new owner, minimizing the time and resources required to establish a successful business. The opportunity to acquire a profitable, established restaurant in a prime location represents a compelling investment prospect with substantial potential for a high return on investment. This is an ideal acquisition for an experienced restaurateur or a savvy investor seeking a proven business model in a desirable market. The property itself is not included in the sale

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1946
Construction WOOD
Total area 920 SF
Lot 0.19 ac (8,112 SF)
Zoning code POC4*
APN 8348-009-007
UPID US09-7731665

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 1993
3 recorded transactions
1993
$197,401
1988
$85,000
1969
Price N/A

Zoning & alternative use

POC4* · Pomona, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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