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    Property profile & analytics

    118 Industrial Way Corona, CA 92882

    • Retail space
    For Lease
    View listing
    $13 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US09-5406473
    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

    • Delgau Spring, Inc / Spring Supplier
    • Micro 21 Specialty Products - All Natural & Safe Cleaning Products / Cleaning Products Supplier
    • ImageWorks / Digital Printing Service
    • Medi-Call Repair, Inc. / Medical Supply Store
    • Right At Home / Home Health Care Service

    Property Details for 118 Industrial Way

    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    000-272-878
    APU
    272878

    Description

    This exceptional industrial warehouse space, located in Riverside County's Smith Corona Business Center, presents a significant opportunity for businesses seeking immediate occupancy. The property consists of a single, readily available unit totaling 2,980 square feet, perfect for a variety of industrial uses. The entire space is currently vacant, allowing for complete customization to meet specific operational needs. The address is 118 Industrial Way, Unit A. The property is classified as industrial, with a multiple tenancy structure. The building offers a competitive gross rate of $1.15 per square foot, with additional common area maintenance (CAM) charges of $0.08 per square foot. This translates to a straightforward and transparent cost structure for potential tenants. The property's location within the Smith Corona Business Center provides easy access to key transportation routes and logistical networks, enhancing operational efficiency and streamlining distribution processes. The 2,980 square foot space offers ample room for storage, manufacturing, or other industrial applications. This is a rare opportunity to secure a fully vacant, sizable warehouse in a desirable Riverside County location. Contact us today to schedule a viewing and explore the possibilities this property offers.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.592
    Latitude
    33.8836
    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
    2015
    $0.00
    $0.00
    $10,000
    $10,000
    -
    $0.00
    $0.00
    $0.00

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      1021 Main St

      STORE, RETAIL OUTLET
      1021 Main St, Corona, CA 92882-4446
      View Details

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    118 Industrial Way
    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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