900 Main St Corona, CA 92882
- Medical offices
- 25,720 SF
- 0.97 lot acres
Current Use by Public Records
- Corona Regional Pregnancy / Pregnancy Care Center
- Roberts Jaclyn MD / Doctor
- Lisa K. Banh, PA-C / Obstetrician-Gynecologist
- Stone Rebecca MD / Doctor
- Joseph Rajabi DDS / Dentist / Orthodontist
Property Details for 900 Main St
- Year built
- 1979
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.97 lot acres
- Property size
- 25,720 SF
- Zone code
- C2
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 117-225-012
- APU
- 117225012
Description
This exceptional three-story Class B medical office building, totaling 45,229 square feet, presents a unique investment opportunity in Corona, CA. Located at 900 S Main St, 92882, this multi-tenant property offers immediate access to three available spaces ranging from 968 to 14,749 square feet, perfect for a variety of medical practices. The building features convenient amenities including elevators, and is situated in a high-traffic area along one of Corona's major thoroughfares. Its strategic location offers easy access to both the 91 Freeway (0.5 miles) and Interstate 15 (2 miles), ensuring convenient commutes for patients and staff. The property benefits from its proximity to Corona Regional Medical Center, creating a synergistic environment within the established medical community. Zoned C2, this building provides a solid foundation for growth and success in a thriving market. The building's size and layout offer flexibility for various medical specialties, making it an ideal choice for expansion or relocation. This prime location in Riverside County, within the Inland Empire, provides excellent visibility and accessibility, attracting a wide range of patients and professionals. The building's strong infrastructure and convenient access points make it a highly desirable property for medical professionals seeking a well-established and easily accessible location. This is an exceptional opportunity to acquire a well-positioned medical office building in a rapidly growing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,890,000
- 6.5%
- $5,090,000
- 7%
- $5,440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,060,000
- Geo Method
- $5,660,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,605,000
- Retail
- $6,320,000
- Mixed-Use
- $6,290,000
- Hospitality
- $6,295,000
- Educational
- $5,710,000
- Residential Income
- $4,890,000
- Energy
- $6,075,000
- Income-Based Land
- $6,305,000
- Food Service
- $4,855,000
Location Insight
- Map
- Local Demand
- City
- Corona
- County
- Riverside
- State
- California
- Longitude
- -117.567
- Latitude
- 33.872
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA