Add Listing
    For Lease
    • 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

    1020 Railroad St Corona Corona, CA 92880

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New freestanding industrial building available for lease.

    Building Details

    Year built
    2000

    We can help!

    Listing Contact
    Kyle Mcgillen
    Source: Cushmanwakefield

    Listing Agency: Cushman & Wakefield Listing Agent: Kyle Mcgillen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Freestanding Warehouse For Rent

    This is a new freestanding building suitable for warehouse, industrial, and distribution purposes.
    Location Intelligence

    Current Use by Public Records

    Universal Metals Factory

    Suggested Use

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

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

    Similar Places Nearby

    Public Storage, Public Storage, Luis Storage Facility, Storelocal Storage, MCO Document Imaging Solutions

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.606
    Latitude
    33.8833

    Nearby Similar for Lease

    • $1,980 /Mo
      1,000 SF

      Professional Office Space in Corona

      1,000 SF office space in a desirable Corona location.
      1009 S Victoria Ave, Corona, CA 92879
      View Details
    • $2 SF/Yr
      6,200 SF

      Prime Commercial Space in Corona

      High-traffic location suitable for medical, wellness, or professional office uses.
      1561 E Ontario Ave, Corona, CA 92881
      View Details
    • $8,500 /Mo
      1,300 SF

      Mixed-Use Commercial Property for Lease

      Mixed-use commercial property with high visibility and easy access.
      19594 Temescal Canyon Rd, Corona, CA 92881
      View Details
    • $1.95 SF/Yr
      42,345 SF

      Medical Office Space in Corona

      Commercial property near Corona Regional Medical Center available for lease.
      760 S Washburn Ave, Corona, CA 92882
      View Details
    • $1.75 SF/Yr
      46,068 SF

      Medical Office Space in Corona

      Medical office space near Corona Regional Medical Center and major freeways.
      900 S Main St, Corona, CA 92882
      View Details
    • $1.65 SF/Yr
      40,574 SF

      Corona Office Space Available

      Office space available for lease in Corona, California.
      650 E Parkridge Ave, Corona, CA 92879
      View Details
    • $2 SF/Yr
      68,027 SF

      Three-Story Office Building For Rent

      Three-story office building with EV charging stations available for lease.
      4740 Green River Rd, Corona, CA 92878
      View Details
    • $2 SF/Yr
      67,590 SF

      Office Space with Freeway Signage

      Office property with high visibility and convenient amenities nearby.
      200 S Main St, Corona, CA 92882
      View Details
    • $7,500 /Mo
      6,680 SF

      Retail Space Freeway Frontage Location

      Retail space available 1/1/2026 with freeway frontage and signage.
      2410 Wardlow Rd, Corona, CA 92878
      View Details
    • $1,500 /Mo
      25,135 SF

      Prime Corona Retail Opportunity

      Versatile space in a high-traffic Corona location.
      508 S Smith Ave, Corona, CA 92882
      View Details
    • Contact for pricing

      Medical Office Space in Corona

      Medical office space available in Corona near medical center.
      720 Magnolia Ave, Corona, CA 92879
      View Details
    • Contact for pricing
      75,851 SF

      Corona Industrial Property with Yard

      Industrial leasing opportunity with yard space and flexible lease terms.
      1428 E 6Th St, Corona, CA 92879
      View Details

    FAQs

    What type of property is this?
    Warehouse - New freestanding industrial building available for lease.
    Where is this warehouse located?
    The property is located at 1020 Railroad St Corona Corona, CA.
    What are key features of this property?
    This property features: - New freestanding building offers a great opportunity.; - Built in 2000.
    (949) 930-9229
    Request Owner's contact information
    1020 Railroad St Corona Corona, CA 92880
    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.
    1020 Railroad St Corona
    Corona, CA 92880
    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
    1020 Railroad St Corona Corona, CA 92880
    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
    Kyle Mcgillen
    (949) 930-9229 (949) 474-4004
    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!