11764 De Palma Rd Corona, CA 92883
For Sale
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This exceptional 5,123-square-foot retail property, located at 11764 De Palma Road in Corona, California, presents a compelling investment opportunity. Currently vacant, this freestanding building boasts a unique, fully-encircling drive-thru, ideal for quick-service restaurants or similar businesses. Situated within the Shops at Sycamore Plaza, a thriving shopping center anchored by Vons and CVS, this property benefits from high visibility and significant traffic. The one-acre lot offers substantial redevelopment potential for various commercial uses, including retail and medical facilities. Its strategic location provides excellent exposure to the 15 Freeway, with a daily traffic count exceeding 126,000 vehicles, further enhanced by signage rights to the center's freeway monument sign. Built in 2008, the property is zoned SP and features a single building on a 0.99-acre lot (APN 290-670-026). The asking price is $3,200,000, offering a fee simple ownership opportunity. The property's size and location make it suitable for a single tenant or can be easily adapted for multiple occupants. This is a rare chance to acquire a high-traffic, well-located retail space with significant upside potential in a rapidly growing area.
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Wells Fargo Advisors Financial Advisor
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Wells Fargo ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SP · Corona, CACorona. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.