760 Washburn Ave Corona, CA 92882
- Medical offices
- 40,988 SF
- 0.51 lot acres
Current Use by Public Records
- CHI-CHING YU / Acupuncturist
- Bora Shin / Medical Clinic
- Profound Youth Acupuncture / Acupuncture Clinic
- Mind-Body Acupuncture Clinic / Acupuncture Clinic / Hypnotherapy Service
- Urgent Access / Urgent Care Center
Property Details for 760 Washburn Ave
- Year built
- 1970
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.51 lot acres
- Property size
- 40,988 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 117-185-028
- APU
- 117185028
Description
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 Corona Regional Medical Center provides significant synergy and visibility within the medical community. The building is zoned C2 and falls within Riverside County. Currently, there are multiple spaces available, ranging in size from 1,142 square feet to a maximum contiguous space of 20,522 square feet, catering to a variety of practice needs. The building's location on Main Street, one of Corona's busiest thoroughfares, guarantees high traffic volume and excellent exposure. This prime medical office space presents a unique investment opportunity in a thriving and rapidly growing area of Southern California's Inland Empire. The property's proximity to major freeways and a leading medical center makes it an ideal location for establishing or expanding a medical practice. Serious inquiries are encouraged to explore the available spaces and their potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,785,000
- 6.5%
- $5,125,000
- 7%
- $5,845,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,000,000
- Geo Method
- $6,045,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,565,000
- Retail
- $4,895,000
- Mixed-Use
- $4,615,000
- Hospitality
- $5,820,000
- Educational
- $5,125,000
- Residential Income
- $5,715,000
- Energy
- $4,945,000
- Income-Based Land
- $5,115,000
- Food Service
- $5,075,000
Location Insight
- Map
- Local Demand
- City
- Corona
- County
- Riverside
- State
- California
- Longitude
- -117.569
- Latitude
- 33.8738
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
