Individually Owned Property summary
This exceptional investment opportunity presents a two-unit retail building totaling 4,008 square feet, situated on a 0.23-acre lot at 508 Grand Boulevard in Corona, CA. Built in 1968, this single-story property boasts a prime location on the iconic circular West Grand Boulevard, zoned Community Service (CS). The larger suite (2,480 sq ft) features six rooms, two bathrooms, central air, and a gas-fired space heater, along with three exterior entrances. The smaller suite (1,600 sq ft) includes… one additional room, one bathroom, a wall-mounted AC unit, and a gas-fired space heater, with two exterior entrances. Both suites share a covered 357 sq ft front porch and are adjoined by a common wall. The property offers ample parking with three spaces in the front lot and additional space in the rear. The brick building, constructed on a concrete foundation with a flat/pitch roof, has independent utility access for each suite. The 67-foot street frontage provides excellent visibility. The property's 10,019 sq ft lot offers significant potential. Note that adjacent pod storage units are not included in the sale. The City of Corona is undertaking a comprehensive plan to revitalize the downtown area, with nine scheduled improvements, including streetscape enhancements on Grand Boulevard and 6th Street, already underway. This presents a unique chance to capitalize on the area's anticipated growth. The asking price is $899,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 12 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,000 SF
- Lot area
- 0.23 ac
- Year built
- 1968
- Stories
- 1
- APN
- 117-340-021
- Zoning
- C2
- Assessed value · 2024
- $905,000
- Annual tax · 2024
- $10,145
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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