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    1034 6Th St Corona, CA 92882

    • Retail space
    • 5,481 SF
    • 0.44 lot acres
    For Sale
    View listing
    $2,900,000
    Value Estimation
    Last Sale
    Dec 08, 2023
    $1,800,000
    Location Intelligence
    Property ID
    US09-4402800
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Boba Star / Coffee Shop / Bubble Tea Store
    • Avo Barbershop / Barber Shop
    • Arissa Spa / Massage Spa
    • Lavender Ray Lashes / Eyelash Salon
    • Steadfast Beauty / Beauty Salon

    Property Details for 1034 6Th St

    Year built
    1990
    Construction
    TILT-UP CONCRETE
    Lot size
    0.44 lot acres
    Property size
    5,481 SF
    Zone code
    C3
    Property type
    Retail space
    APN
    110-081-025
    APU
    110081025

    Description

    This exceptional 6,283 square foot retail center is situated on a 0.44-acre lot at 1034 6th Street in Corona, California. Boasting a highly desirable location on one of Corona's busiest streets, with convenient proximity to the 91 freeway, this property offers unparalleled visibility and accessibility. A prominent monument sign ensures excellent brand exposure for tenants. Currently 100% occupied with a diverse mix of well-established tenants, this center provides a stable and consistent income stream. Recent capital improvements, including a new roof and ADA-compliant railings, demonstrate the owner's commitment to maintaining the property's high standards and tenant satisfaction. The strong tenant base, coupled with the high demand location, presents a significant opportunity for future rent increases. This is a rare opportunity to acquire a well-maintained, fully occupied retail center in a prime Corona location. The asking price is $2,900,000. Cash or 1031 exchange buyers are welcome.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,900,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,935,000
      6.5%
      $1,800,000
      7%
      $1,825,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,710,000
      Geo Method
      $1,740,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,645,000
      Retail
      $2,175,000
      Mixed-Use
      $1,700,000
      Hospitality
      $1,815,000
      Educational
      $2,110,000
      Residential Income
      $1,675,000
      Energy
      $2,135,000
      Income-Based Land
      $2,015,000
      Food Service
      $1,745,000

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.581
    Latitude
    33.8766
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $21,053
    $610,000
    $1,270,000
    $1,880,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      650 Lincoln Ave Ste, Unit 109

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      1.89 Acres

      1441 Pomona Rd

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    • Value Estimation by Request
      1.92 Acres

      1451 Pomona Rd

      RETAIL STORES (PERSONAL SERVICES) • 1.92 Acres
      1451 Pomona Rd, Corona, CA 92882-1710
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      23,120 SF

      371 Lincoln Ave

      RETAIL STORES (PERSONAL SERVICES) • 23,120 SF
      371 Lincoln Ave, Corona, CA 92882-1857
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      4,698 SF

      1101 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,698 SF
      1101 Main St, Corona, CA 92882-4412
      View Details
    • Value Estimation by Request
      26,791 SF

      2683 Wardlow Rd

      RETAIL STORES (PERSONAL SERVICES) • 26,791 SF
      2683 Wardlow Rd, Corona, CA 92882-2871
      View Details

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    Similar Nearby for Lease

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    1034 6Th St
    Corona, CA 92882
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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