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5/11/23
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A 35k sf industrial land parcel in Pomona sold for $2.8 mil, or $80/sf. The property is located at 1143 W 2nd St in an industrial pocket of the East San Gabriel Valley industrial submarket.
The land is zoned M1 - Light Industrial, making it a prime site for a contractor’s yard. It is improved with several obsolete buildings, which will razed. In addition, the property offers perimeter fencing and excellent transportation access to the 71, 57, 10, and 210 freeways.
Ryan Campbell with NAI Capital Commercial represented the buyer, Encore 126, LLC. According to Campbell, the buyer plans to move his manufacturing company to this property and hold it long term.
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