18 Rancho Camino DrPomona, CA 91766

  • Community centers
  • 19,240 SF
For Lease
$18/SF/YR View listing

Property Details for 18 Rancho Camino Dr

Year built
2007
Construction
WOOD
Lot size
1.27 AC
Property size (Sq ft)
19,240 SF
Zone code
POC3
Property type
Community centers
APN
8708-027-008
APU
8708027008

Description

This exceptional commercial property, Pomona Ranch Plaza, presents a unique investment opportunity in the thriving San Gabriel Valley. Located at 18 Rancho Camino Dr, Pomona, CA 91766, this two-story building offers 18,708 square feet of retail and office space, with 6,914 square feet currently vacant. The minimum divisible space is 1,029 square feet, and the maximum contiguous space available is 5,885 square feet. The property features 13 suites in total, situated on a substantial 72-acre lot. Conveniently located at the intersection of freeways 60 and 71, this mixed-use center benefits from high visibility and excellent access. Anchored by major retailers like Walmart and WinCo Foods, Pomona Ranch Plaza enjoys strong retail synergy, with existing tenants including Starbucks, IHOP, and Sonic Drive-In. The property boasts an elevator and is situated near the Philips Ranch cross street, serving the communities of Pomona, Diamond Bar, Chino Hills, and beyond. Future development plans include two hotels and a mixed-use building along freeway 60, promising further growth and increased foot traffic. This is an ideal location for businesses seeking high visibility and access to a large customer base in a rapidly developing area of Los Angeles County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,044,233
    6.5%
    $6,502,369
    7%
    $6,037,914
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,220,628
    Geo Method
    $9,415,263
  • Alternative Use

    Use
    Valuation
    Residential
    $5,484,992
    Hospitality
    $5,024,222
    Educational
    $4,180,094
    Medical
    $4,323,854
    Retail
    $6,502,369

Location Insight

City
Pomona
County
Los Angeles
State
California
Latitude
34.028
Longitude
-117.76
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
$69,349
$956,440
$3,953,696
$4,910,136
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