11764 De Palma Rd Corona, CA 92883
- Banks
- 5,213 SF
- 0.99 lot acres
Current Use by Public Records
- Wells Fargo Advisors / Investment Service
- Wells Fargo ATM / Atm
Property Details for 11764 De Palma Rd
- Year built
- 2008
- Construction
- WOOD
- Lot size
- 0.99 lot acres
- Property size
- 5,213 SF
- Zone code
- SP
- Property type
- Banks
- APN
- 290-670-026
- APU
- 290670026
Description
This exceptional 5,123-square-foot retail property, located at 11764 De Palma Road in Corona, California, presents a compelling investment opportunity. Currently vacant, this freestanding building boasts a unique, fully-encircling drive-thru, ideal for quick-service restaurants or similar businesses. Situated within the Shops at Sycamore Plaza, a thriving shopping center anchored by Vons and CVS, this property benefits from high visibility and significant traffic. The one-acre lot offers substantial redevelopment potential for various commercial uses, including retail and medical facilities. Its strategic location provides excellent exposure to the 15 Freeway, with a daily traffic count exceeding 126,000 vehicles, further enhanced by signage rights to the center's freeway monument sign. Built in 2008, the property is zoned SP and features a single building on a 0.99-acre lot (APN 290-670-026). The asking price is $3,200,000, offering a fee simple ownership opportunity. The property's size and location make it suitable for a single tenant or can be easily adapted for multiple occupants. This is a rare chance to acquire a high-traffic, well-located retail space with significant upside potential in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Corona
- County
- Riverside
- State
- California
- Longitude
- -117.455
- Latitude
- 33.7472
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
