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Financial
Distress signals
Property profile

234 Sherman Ave Corona, CA 92882

OFF-MARKET
Manufacturing properties
Property ID
US09-0961736
40,400 SF 3.29 ac lot Built 1958
Last sale Nov 2022 · $8,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$92k
Tax billed · 2024
Assessed value$8.16M
Assessed land$2.55M
Assessed improvement$5.61M
Effective rate1.12%

Value estimate

· Oct 2026
$7.67M
$6.90M – $8.44M
AI approach$8.01M
CAP approach$5.78M

Realmo valuation models over county records and 23 qualifying comparable sales.

Recently sold

What actually traded nearby?
$245/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$190 – $342
Qualifying comparables23

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M2
M-2 General Manufacturing Zone . The M-2 (General Manufacturing) Zone is intended for general manufacturing and industrial uses. The M-2 ...
General categoryINDUSTRIAL
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.8
Parking Facility14.3
Garden Center11.2

Location

234 Sherman Ave Corona, CA 92882-1843
County assessor Recorded deeds · 11 transfers 23 qualifying comp sales Zoning catalog

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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1229 Railroad, Corona, CA 92882-1838 $9,000,000 Aug 2024 31,989 SF
268 Lincoln, Corona, CA 92882-7164 $1,185,000 Feb 2022 43,150 SF
2620 Palisades, Corona, CA 92882-0631 $14,749,000 Jun 2021 63,302 SF
1275 Railroad, Corona, CA 92882-1838 $4,500,000 May 2021 27,600 SF
1255 Railroad, Corona, CA 92882-1838 $7,300,000 Sep 2020 51,999 SF
1461 Railroad, Corona, CA 92882-6944 $5,850,000 Nov 2018 38,069 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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