Small Contractor Flex
527 Princeland Ct Corona, CA 92879
For Sale
Contact for pricing
Flex/warehouse property for sale near the 91 and 15 interchange, suited for contractor or small business use.
Property Size8,569 SF
Price / SF$349.98
Days on Market130
Property Features for 527 Princeland Ct
General Information
- Standard status
- Active
- Size
- 8,569 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2007
Listing Agency:
Keller Williams
Listed By:
Doug Shea · License #CA 00875427
Source:
Crexi
Added: Mar 17
Changed: Jul 23
Last Checked: Jul 23 at 5:31PM
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 Keller Williams
Investment Insights
Based on property information with market context.
This flex/warehouse property is offered for sale in Corona, CA. The asset is positioned as a starter building option for a contractor or other small business, with a flexible warehouse-oriented configuration under a broader flex space/industrial real estate profile.
The location is just blocks from the 91 and 15 interchange, with numerous amenities nearby.
The offering is presented as an adaptable, smaller-scale industrial/flex building designed to support day-to-day business operations.
The location is just blocks from the 91 and 15 interchange, with numerous amenities nearby.
The offering is presented as an adaptable, smaller-scale industrial/flex building designed to support day-to-day business operations.
Key Highlights
- Flex/warehouse property built in 2007
- Located just blocks from the 91 and 15 interchange
- Suitable for contractor or small business use
Financial Insights For Flex RnD
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 | $185.1k | $21.60 |
| − Vacancy | −$15.7k | −$1.84 |
| EGI | $169.4k | $19.76 |
| − OpEx | −$59.3k | −$6.92 |
| NOI | $110.1k | $12.85 |
8,569 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.57M
$1.38M – $1.83M
NOI $110,083 @ 7.0% cap · market cap 3.67%
Second Best
Warehouse
$1.27M
$1.11M – $1.48M
NOI $88,645 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$2.67M
$2.33M – $3.11M
NOI $186,571 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Nesh Nail Salon
Nail Salon
Imagine This
Marketing & Advertising
Similar Off Market Nearby
- Mantra Indian Cuisine — 712 N Main St, Corona, CA 92878
- My Gourmet 2 Go — 511 S Joy St, Corona, CA 92879
- Moondance Catering — 111 W Harrison St #326, Corona, CA 92880
- Happiest Ours — 490 N Main St Suite 103, Corona, CA 92878
FAQs
What type of property is this?
Flex space - Flex/warehouse property for sale near the 91 and 15 interchange, suited for contractor or small business use.
Where is this flex space located?
The property is located at 527 Princeland Ct Corona, CA.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: Flex/warehouse property built in 2007; Located just blocks from the 91 and 15 interchange; Suitable for contractor or small business use
