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Freestanding Warehouse with Freeway Frontage
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959 E 3rd St, Corona, CA

99,560 SF warehouse with 5,393 SF office space for lease.

Property Size99,560 SF
Lot Size4.81 Acres
Price / SF$335
Days on Market249

Property Features for 959 E 3rd St

General Information

Standard status Active
Size 99,560 SF
Lot size 4.81 Acres
Property subtype INDUSTRIAL
Listing Agency: Voit Real Estate Services
Listed By: Ryan Moore
Source: Moodyscre
Added: Nov 23, 2025 Changed: Jul 6 Last Checked: Jul 21 at 8:46AM

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 offers 99,560 square feet of space, including 5,393 square feet of two-story office space. The warehouse features a 32' clear height, 11 dock high doors, and 2 grade level doors. It is equipped with an ESFR fire sprinkler system. The electrical capacity is 800 amps, 277/480 volts, and expandable to 2,000 amps. The property benefits from freeway frontage. The building may potentially be available sooner than May 2026.

Key Highlights

  • Potential for earlier delivery than May 2026
  • Free standing building
  • Boasting a 32' Clear Height

Financial Insights For Warehouse

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 $1.31M $13.20
− Vacancy −$102.5k −$1.03
EGI $1.21M $12.17
− OpEx −$181.8k −$1.83
NOI $1.03M $10.34
99,560 SF · lease $13.20/SF/yr · vacancy 7.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$14.71M
$12.87M – $17.17M (±1% cap)
NOI $1,029,932 @ 7.0% cap · market cap 3.09%
Second Best
Industrial
$13.22M
$11.57M – $15.42M (±1% cap)
NOI $925,287 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$30.97M
$27.10M – $36.13M (±1% cap)
NOI $2,167,700 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Homary Furniture & Home Goods

Suggested Use

Top Pick Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Daycare Center Butcher Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,465
Businesses Nearby
Balanced
Demand for This Use

Market

Properties on Market for Warehouses in Riverside County

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • US Storage Centers — 1512 Circle City Dr, Corona, CA 92879
  • Dollar Self Storage — 1065 E 3rd St, Corona, CA 92879
  • Self-Storage at U-Haul — 314 E 6th St, Corona, CA 92879

Frequently Asked Questions

What type of property is this?
Warehouse - 99,560 SF warehouse with 5,393 SF office space for lease.
Where is this warehouse located?
The property is located at 959 E 3rd St Corona, CA.
What is the asking price?
The asking price for this property is $33,352,600.
What are key features of this property?
This property features: Potential for earlier delivery than May 2026; Free standing building; Boasting a **32' Clear Height**
(909) 545-8011 Call to check price and availability
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