Corona Commercial Building with
For Sale
$799,990
13659 Magnolia Avenue, Corona, CA 92879
3,600 sq ft building ideal for various commercial uses.
Property Size3,600 SF
Price / SF$222.22
Days on Market172
Property Features for 13659 Magnolia Avenue
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Commercial/Industrial
Building Details
Year Built
1964
Listing Agency:
Pinnacle Real Estate Group
(626) 888-9808
Listed By:
LITING ZHANG · License #02121195
(909) 780-1888
Source:
Exitrealty
Added: Apr 22
Changed: Oct 1
Last Checked: Oct 5 at 4:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Real Estate Group
Investment Insights
Based on property information with market context.
This 3,600 sq. ft. commercial building in Corona features three suites and a warehouse. The property is located in a high-traffic area near the 91 Freeway and McKinley Avenue. It is suitable for auto repair, retail, office, showroom, warehouse, or multi-tenant use. The building has three entrances, two of which are currently closed. The front section is divisible into three suites, each with its own restroom. A spacious warehouse area is located at the rear of the building. The property benefits from strong visibility and high traffic exposure. It also has a shared driveway easement with the adjacent parcel. The location has a walk score of 57, indicating it is somewhat walkable, a bike score of 33, indicating it is somewhat bikeable, and a transit score of 33, indicating some transit options are available.
Key Highlights
- High‑traffic location near 91 Fwy/McKinley, offering strong visibility.
- Versatile 3,600 sq. ft. commercial building suitable for various uses.
- Divisible front section into three suites, each with its own restroom.
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
Industrial
$478.0K
$418.2K – $557.6K
NOI $33,458 @ 7.0% cap · market cap 4.18%
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.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 - 3,600 sq ft building ideal for various commercial uses.
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: High‑traffic location near 91 Fwy/McKinley, offering strong visibility.; Versatile 3,600 sq. ft. commercial building suitable for various uses.; Divisible front section into three suites, each with its own restroom.
