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    508 S Smith Ave Corona, CA 92882

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    For Lease
    $1,500 /Mo ($0.72 SF/Yr)

    Versatile space in a high-traffic Corona location.

    Property size:
    25,135 SF
    Lot size:
    25,135 SF

    Property Features for 508 S Smith Ave

    General Information

    Size
    25,135 SF

    Building Details

    Year built
    1990

    Source: Ashley Hutchinson Agent Ashley Hutchinson

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

    Overview

    Prime Corona Retail Opportunity

    Located in the heart of Corona, CA, the property at 508 S Smith Ave presents a leasing opportunity for businesses seeking a strategic location. The property offers a large parking lot and excellent visibility, making it suitable for retail, office, or medical use. The interior is spacious and customizable, providing flexibility to suit various business needs. Convenient access to major roadways ensures connectivity for clients and employees. The surrounding area features a bustling retail environment with a diverse mix of local and national retailers, offering an opportunity for a Retail / Strip Center tenant to tap into an established consumer base. The property is surrounded by dining options, entertainment venues, and other retail destinations, making it an ideal location to attract foot traffic and drive business. The property size is 25135 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ochoa's Carniceria, Taqueria ... Mexican Restaurant Sunshine foot spa Massage Spa Alcoholics Anonymous Alcoholism Treatment Program Inland Records Record Company Carniceria & Market Primo Meat Products Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.59478
    Latitude
    33.8795

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    FAQs

    What type of property is this?
    Strip mall - Versatile space in a high-traffic Corona location.
    Where is this strip mall located?
    The property is located at 508 S Smith Ave Corona, CA.
    What is the lease rate?
    The lease rate is $0.72 SF/Yr.
    What are key features of this property?
    This property features: - Prime Downtown Corona location offers a strategic advantage.; - Ample parking and excellent visibility to maximize customer traffic.; - Spacious, customizable interior suitable for retail, office, or medical use.
    (310) 402-9816
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    508 S Smith Ave Corona, CA 92882
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    Corona, CA 92882
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    Realmo Value Estimation

    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.

    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.

    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
    508 S Smith Ave Corona, CA 92882
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