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Property profile & analytics
OFF-MARKET
Estimated value
$5,965,000
Manufacturing properties
1131 Olympic Dr, Corona, CA 92881-3391
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0961726
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1990
Construction
WOOD
Total area
24,700 SF
Lot
1.29 ac (56,192 SF)
Zoning code
M1
APN
107-160-065
UPID
US09-0961726
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Stryten Energy Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.71M
Blend (final)
Blend
$5.97M
Owner & transaction history
Cherry Valley Ingredients INC · 1 yrs held
Cherry Valley Ingredients INC
since 2025
Last sale
$7.3M
7 recorded transactions
Zoning & alternative use
M1 · Corona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.5M
+19.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Corona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corona submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,285,000
Current use
OFFICE BUILDING
$7,485,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$5.97M
Range $5.37M – $6.56M · ±10% · vs last sale $7.32M (Dec 3 2024)
Last sale anchor
$7.32M
Dec 3 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$241 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$44,159
Tax year 2024
Assessed value
$3,935,646
Assessed 2024
Previous assessed
$3,935,646
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$940,380
Assessed improvement
$2,995,266
Applied tax rate
4.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1990
Construction
WOOD
Heating
NONE
Stories
1
Total area
24,700 SF
Lot
1.29 ac (56,192 SF)
Zoning code
M1
APN
107-160-065
UPID
US09-0961726
Jurisdiction
RIVERSIDE
Zoning & alternative use
M1 · Corona, CA
Zoning M1 · permitted uses
M1 · Corona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Corona. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.3M
OFFICE BUILDING
Est. value
$7.5M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.29 ac
Current owner
From public records · entity-resolved
Cherry Valley Ingredients INC
Entity
Mailing address
27611 LA PAZ RD STE A8, LAGUNA NIGUEL, CA 92677-3999
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2025
$7,315,000
Cherry Valley Ingredients INC
1131 Corona Storage LLC
Grant Deed
$4,758,000 · Golden Bank NA
Sep 14, 2020
—
1131 Corona Storage LLC
—
Deed
related
$2,350,000 · Cathay Bank
Sep 22, 2017
$3,528,500
1131 Corona Storage LLC
C & W Associates LLC
Grant Deed
$2,350,000 · Super Seaside LLC
Oct 16, 2002
$1,620,500
C & W Associates LLC
Abdi,irady M & Fariba M
Grant Deed
$1,220,000 · Omni Bank
Feb 18, 1998
$1,254,500
Iradj M Abdi
Chen,kuang S & Shue J
Grant Deed
$627,216 · Bank Of America Community Dev
Oct 1, 1991
$1,176,000
Kuang S Chen
Unknown
Grant Deed
—
—
—
Iradj M Abdi
—
Deed Of Trust
related
$516,000 · Cdc Small Business Finance Co
—
—
Kuang S Chen
—
Deed Of Trust
related
$700,000 · First Commercial Bank
—
—
C & W Associates LLC
—
Deed Of Trust
related
$1,500,000 · Bank Of The West
—
—
C & W Associates LLC
—
Deed Of Trust
related
$1,380,000 · Bank Of The West
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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