Financial
Distress signals
Property profile

760 S Washburn Ave Corona, CA 92882

FOR LEASE
Medical Office Space
Property ID
US09-2151838
40,988 SF 0.51 ac lot Built 1970
Last sale Aug 2022 · $5,491,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 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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Property summary

AI-generated overview

The Corona Medical Art Building, a multi-tenant medical office property located at 760 S Washburn Ave, Corona, CA 92882, offers exceptional opportunities for medical professionals. This 45,068 square foot building is situated in a highly desirable location, boasting convenient access to major transportation arteries. The 91 Freeway is just 0.5 miles away, and Interstate 15 is a short 2-mile drive, ensuring easy commutes for patients and staff. Its strategic placement directly adjacent to…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$23k
Tax billed · 2024
Assessed value$2.03M
Assessed land$453k
Assessed improvement$1.58M
Effective rate1.12%

Value estimate

· Sep 2026
$5.32M
$4.79M – $5.85M
AI approach$5.37M
NOI build-up
Gross scheduled income$1.12M
Vacancy & credit loss−$246k
Operating expenses−$218k
NOI · 33,537,230.77% cap applied$654k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$178/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$72 – $290

Cap rate analysis

How does the asset earn?
33,537,230.77%
$654k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility21.8
Wholesale Shop20.2
Parking Facility20.1

Location

760 S Washburn Ave Corona, CA 92882
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
918 Washburn, Corona, CA 92882 $3,500,000 Dec 2024 5,379 SF
900 Main, Corona, CA 92882-3401 $5,409,500 Aug 2022 25,720 SF
940 Main, Corona, CA 92882 $5,409,500 Aug 2022 17,988 SF
1113 Main, Corona, CA 92882-4455 $405,000 Jul 2020 3,375 SF
817 Grand, Corona, CA 92882-3265 $535,000 Sep 2019 2,021 SF
2250 Main, Corona, CA 92882-2534 $13,859,000 Jan 2019 28,610 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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