Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    467 S Cota St Corona, CA 92878

    View on Map
    Sponsored
    For Sale
    Under Contract
    $450,000

    Land/Lot - Corona, CA

    Lot size:
    10,890.00 Acres
    Days on Market:
    10
    Last Refresh:
    Mar 8 at 10:06 pm

    Property Features for 467 S Cota St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    M1
    APN
    119250002
    Exterior features
    Community Features Included: Gutters, Curbs, Street Lights, Storm Drains, Sidewalks
    Lot size
    10,890.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Edward Mazmanian
    Edward Mazmanian

    Remax Partners (951) 278-8755

    Listing agent Edward Mazmanian (951) 278-8755 License #01198962

    Listing date Feb 27, 2026

    MLS# IG24254830 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Corona Vacant Industrial Lot

    This is a .25 acre vacant lot near the center of Corona. The property is flat and usable, with all utilities available at the street. It is zoned M1 (Light Manufacturing), intended for light manufacturing and industrial uses. The M-1 zone is designed to accommodate manufacturing uses that are generally passive, allowing the zone to be situated next to residential and commercial areas. A list of potential uses is available on the City of Corona's website under Zoning Code. The location is near the Corona MetroLink station, shopping, restaurants, and offers quick access to the 91 and 15 freeways. The current owner acquired the original full-size paper plans for a proposed office/warehouse building that includes a full set of existing drawings for an office of 1,165 square feet and a warehouse of 3409.36 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.570162
    Latitude
    33.88866

    Nearby Similar for Sale

    • $139,999
      2,200 SF

      Turnkey Restaurant Opportunity in Corona

      Fully equipped restaurant with beer and wine license for sale.
      2363 California Ave, Corona, CA 92881
      View Details
    • $298,988

      Established Salon Business Opportunity

      Profitable salon business for sale in Corona, California.
      Mckinley St, Corona, CA 92879
      View Details
    • $285,000
      2,000 SF

      Profitable Restaurant Business Opportunity

      Established Japanese restaurant with immediate cash flow in Corona, CA.
      2347 California Ave, Corona, CA 92881
      View Details
    • $250,000
      1,890 SF

      Established Restaurant Business Opportunity

      Profitable, fully-equipped taco restaurant business for sale in Corona, CA.
      3935 Bedford Canyon Rd, Corona, CA 92883
      View Details
    • $1,500,000
      3,916 SF

      Corona Mixed-Use Commercial Building

      Mixed-use property with retail, office, and residential units.
      820 W 6Th St, Corona, CA 92882
      View Details
    • $875,000
      2,926 SF

      Mixed-Use Property in Corona, CA

      Commercial building and residential unit near freeways in Corona.
      501 S Victoria Ave, Corona, CA 92879
      View Details
    • $1,350,000
      4,500 SF

      Six-Unit Multifamily Investment Opportunity

      Rare, income-generating six-unit property in Corona, CA.
      7979 Minnesota Rd, Corona, CA 92881
      View Details
    • $1,175,000
      4,800 SF

      Corona Mixed-Use Property For Sale

      Four-unit mixed-use property in the heart of Corona, California.
      1185 W Grand Blvd, Corona, CA 92882
      View Details
    • $1,189,000
      13,068.00 Acres

      Victorian Multifamily Property in Corona

      Unique six-unit Victorian multifamily property in Corona, California.
      1153 E Grand Blvd, Corona, CA 92879
      View Details
    • $550,000
      988 SF

      Corona Single Family Investment Property

      Charming single-family residence in Corona with tenant in place.
      1329 Pleasant View Ave, Corona, CA 92882
      View Details
    • Contact for pricing
      59,096 SF

      Three-Story Office Building in Corona

      Corporate image office building near downtown Corona with ample parking.
      255 E Rincon St, Corona, CA 92879
      View Details
    • Contact for pricing
      58,000 SF

      Professional Office Building For Sale

      Three-story office building with convenient access to amenities and freeways.
      355 East Rincon St, Corona, CA 92879
      View Details

    FAQs

    What type of property is this?
    Land - Vacant .25 acre M1-zoned lot near Corona's center.
    Where is this land located?
    The property is located at 467 S Cota St Corona, CA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - .25 acre vacant lot zoned for light industrial (M1); - Includes original full-size paper plans for a proposed office/warehouse building (1,165 sq ft office, 3409.36 sq ft warehouse); - Flat, usable land with all utilities at the street
    (951) 313-4750
    Request Owner's contact information
    467 S Cota St Corona, CA 92878
    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.
    467 S Cota St
    Corona, CA 92878
    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
    467 S Cota St Corona, CA 92878
    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

    We can help!
    Listing Contact
    Edward Mazmanian
    Edward Mazmanian
    Real Estate License ID: 01198962
    (951) 313-4750 (951) 278-8755 (951) 329-9119
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!