Flex Building With
For Sale
$799,990
13659 Magnolia Avenue, Corona, CA 92879
Commercial Sale, Corona, CA
Property Size3,600 SF
Price / SF$222.22
Days on Market200
Property Features for 13659 Magnolia Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From 91 Fwy, exit McKinley Ave, go south to Magnolia Ave. Property on right. From I-15, exit Magnolia Ave, head east. Property on left, just south of 91 Fwy.
Subdivision
248 - Corona
Standard status
Active
APN
115261017
Additional Details
Property Use
Warehouse
Building Details
Year built
1964
Buildings
1
Listing Agency:
Pinnacle Real Estate Group
(626) 888-9808
Listed By:
LITING ZHANG · License #02121195
(909) 780-1888
Added: Apr 20
Changed: Nov 2
Last Checked: Nov 5 at 10:06AM
MLS# WS26086905
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.
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Investment Insights
Based on property information with market context.
This 3,600-square-foot flex property, built in 1964, combines a front section designed for three suites with a warehouse occupying the rear portion. Each suite has its own restroom, and the layout includes three entrances, two of which are currently closed. The front area can be divided into separate suite configurations, providing flexibility within the existing building footprint.
The property is positioned near McKinley and just south of the 91 Freeway in Corona. Access includes a shared driveway easement with the adjacent parcel. Its location provides exposure to traffic along the surrounding commercial corridor, while the mix of suite and warehouse space accommodates varied operational layouts.
The property is positioned near McKinley and just south of the 91 Freeway in Corona. Access includes a shared driveway easement with the adjacent parcel. Its location provides exposure to traffic along the surrounding commercial corridor, while the mix of suite and warehouse space accommodates varied operational layouts.
Key Highlights
- 3,600‑square‑foot flex building in Corona
- Front area configured for 3 suites, each with its own restroom
- Rear warehouse area provides dedicated storage or operational space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,248
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,960
$925.0K
Cap Rate 7%
$660,686
$660.7K
Cap Rate 9%
$513,867
$513.9K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$77.8K $21.60/SF
− Vacancy
−$6.6K −$1.84/SF
EGI
$71.2K $19.76/SF
− OpEx
−$24.9K −$6.92/SF
NOI
$46.2K $12.85/SF
Area
Corona, CA
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,960
Cap Rate 7%
$660,686
Cap Rate 9%
$513,867
Alternative Uses
Best Use
Flex RnD
$660.7K
$578.1K – $770.8K
NOI $46,248 @ 7.0% cap · market cap 5.78%
Second Best
Warehouse
$532.0K
$465.5K – $620.7K
NOI $37,241 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$1.12M
$979.8K – $1.31M
NOI $78,382 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
900
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92879, CA
47,243
Population
14,919
Households
3.2
Avg Household Size
35
Median Age
23%
College-Educated
80%
High-School Grad
9.8 sq mi
ZIP Area
4,821
Density / Sq Mi
$91,862
Median Household Income
$42,496
Median Earnings
$1,968
Median Rent
$592,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- O C Gourmet 2 Go Catering — 3848 McKinley St, Corona, CA 92879
- the manila catering — 3848 McKinley St, Corona, CA 92879
- Inland Empire Catering — McKinley St, Corona, CA 92879
Frequently Asked Questions
What type of property is this?
Flex space - Multi-suite commercial property combining front-office configuration with rear warehouse space and multiple points of entry.
Where is this flex space located?
The property is located at 13659 Magnolia Avenue Corona, CA.
What is the asking price?
The asking price for this property is $799,990.
What are key features of this property?
This property features: 3,600‑square‑foot flex building in Corona; Front area configured for 3 suites, each with its own restroom; Rear warehouse area provides dedicated storage or operational space
