Freestanding Flex Warehouse with 20'
372 N Smith Ave Corona, CA 92880
372 N Smith Ave, Corona, CA, 92880
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For Sale
Contact for pricing
Standalone building offering warehouse clearance, office space, and bonus mezzanine area with fenced yard and grade-level loading.
Property Size15,200 SF
Price / SF$370
Days on Market50
Property Features for 372 N Smith Ave
General Information
- Standard status
- Active
- Size
- 15,200 SF
- Property subtype
- INDUSTRIAL
Listing agency
Voit Real Estate Services
(909) 545-8011
Listed by
Ryan Moore · License #01821438
(909) 545-8011
Source
Moodyscre
Added: Jun 2 Updated: Jul 10 at 1:49PM Checked: Jul 21 at 4:38AM
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 Voit Real Estate Services
Investment Insights
Based on property information with market context.
This freestanding building provides a combination of warehouse and office space, with 2,200 SF of office area and an additional 2,200 SF bonus mezzanine. The warehouse includes 20' clearance, supported by two grade level loading doors. Two fenced yards provide secure outdoor space for operations that benefit from controlled access. A new roof was installed in 2025 with warranty, supporting continued exterior reliability.
The property is located at 372 N Smith Ave in Corona, CA, with excellent access to the 91 and 15 freeways. The site configuration includes both the warehouse improvements and yard space, which can be useful for businesses that need separation between staging, storage, and working areas.
For buyers or tenants considering a flex-style operation, the layout supports a work environment that keeps administrative and production space within one building. The 20' warehouse clearance and grade-level doors are practical for day-to-day distribution or light industrial use, while the bonus mezzanine can help accommodate additional office or support space. The fenced yards add operational flexibility for equipment or materials that require secure outdoor storage.
The property is located at 372 N Smith Ave in Corona, CA, with excellent access to the 91 and 15 freeways. The site configuration includes both the warehouse improvements and yard space, which can be useful for businesses that need separation between staging, storage, and working areas.
For buyers or tenants considering a flex-style operation, the layout supports a work environment that keeps administrative and production space within one building. The 20' warehouse clearance and grade-level doors are practical for day-to-day distribution or light industrial use, while the bonus mezzanine can help accommodate additional office or support space. The fenced yards add operational flexibility for equipment or materials that require secure outdoor storage.
Key Highlights
- Free‑standing building with 2,200 SF office space and 2,200 SF bonus mezzanine
- 20' warehouse clearance for operations requiring higher vertical space
- Two fenced yards plus 2 grade‑level loading doors
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $401.3k | $26.40 |
| − Vacancy | −$88.3k | −$5.81 |
| EGI | $313.0k | $20.59 |
| − OpEx | −$78.2k | −$5.15 |
| NOI | $234.7k | $15.44 |
15,200 SF · lease $26.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.35M
$2.93M – $3.91M
NOI $234,749 @ 7.0% cap · market cap 4.17%
Second Best
Flex RnD
$2.79M
$2.44M – $3.25M
NOI $195,268 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$4.73M
$4.14M – $5.52M
NOI $330,947 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Price Manufacturing Co.
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Standalone building offering warehouse clearance, office space, and bonus mezzanine area with fenced yard and grade-level loading.
Where is this flex space located?
The property is located at 372 N Smith Ave Corona, CA.
What is the asking price?
The asking price for this property is $5,624,000.
What are key features of this property?
This property features: Free‑standing building with 2,200 SF office space and 2,200 SF bonus mezzanine; 20' warehouse clearance for operations requiring higher vertical space; Two fenced yards plus 2 grade‑level loading doors
