Entity Owned Property summary
AI-generated overview
This exceptional 6,283 square foot retail center is situated on a 0.44-acre lot at 1034 6th Street in Corona, California. Boasting a highly desirable location on one of Corona's busiest streets, with convenient proximity to the 91 freeway, this property offers unparalleled visibility and accessibility. A prominent monument sign ensures excellent brand exposure for tenants. Currently 100% occupied with a diverse mix of well-established tenants, this center provides a stable and consistent income stream. Recent capital improvements, including a new roof and ADA-compliant railings, demonstrate the owner's commitment to maintaining the property's high standards and tenant satisfaction. The strong tenant base, coupled with the high demand location, presents a significant opportunity for future rent increases. This is a rare opportunity to acquire a well-maintained, fully occupied retail center in a prime Corona location. The asking price is $2,900,000. Cash or 1031 exchange buyers are welcome.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Construction
TILT-UP CONCRETE
Total area
5,481 SF
Lot
0.44 ac (19,166 SF)
Zoning code
C3
APN
110-081-025
UPID
US09-4402800
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cafe & Coffee Shop
-
Barber Shop
-
Alternative Medicine Practice Spa & Massage Center
-
Hair Salon
-
Hair Salon Nail Salon
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.12M
Owner & transaction history
since 2025
Last sale
$2.3M
6 recorded transactions
Zoning & alternative use
C3 · Corona, CA
General category
COMMERCIAL
Top alternative use upside
Restaurant
$3.4M
+22.2%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 15 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.12M
Value range
$1.90M – $2.33M
±10% around blend
Estimated value / SF
$386 / SF
Confidence
High
15 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$1.90M
blend $2.12M
$2.33M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,481 SF
Lot area
0.44 ac
Year built
1990
Stories
1
APN
110-081-025
Zoning
C3
Assessed value
$1,880,000
Annual tax
$21,053
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.74M
Weighted, 15 comps · high confidence
Evidence
15 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.1 mi away · 3,976 SF
15.6 mi away · 6,085 SF
16.8 mi away · 7,055 SF
17.4 mi away · 4,772 SF
17.6 mi away · 6,300 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.12M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 20 sales
$508
-24%
Submarket 59 sales
$464
-17%
County 927 sales
$331
+17%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $386/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+22%
vs current-use indication
Retail Stores · current use
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 15 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
4.00%
Implied, in-place cap rate for this retail space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.00%
9.0%
NOI (est.)
$161k *
Last sale · Dec 2025
$2.30M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.03M
Move the market yield to see immediate price impact.
Value / SF
$734
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.50%4.00%4.50%
$145k
$4.14M
$3.62M
$3.22M
$161k
$4.60M
$4.03M
$3.58M
$177k
$5.06M
$4.43M
$3.94M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
15 found
High confidence · county-verified
Closest comparable
$1.05M
8.7 mi · Feb 2026 · $273/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$21,053
Tax year 2024
Assessed value
$1,880,000
Assessed 2024
Previous assessed
$1,880,000
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$610,000
Assessed improvement
$1,270,000
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
5,481 SF
Lot
0.44 ac (19,166 SF)
Zoning code
C3
APN
110-081-025
UPID
US09-4402800
Jurisdiction
RIVERSIDE
Zoning & alternative use
C3 · Corona, CAZoning C3 · permitted uses
C3 · Corona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
0.44 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
C3
COMMERCIAL
Jurisdiction
Corona, CA
Recorded code
C3
Official district
C3
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C3 in Corona, CA.
What opens after registration
Zoning profile
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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