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Property profile & analytics
FOR SALE
Banks

11764 De Palma Rd Corona, CA 92883

5,213 SF 0.99 ac lot Built 2008
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US09-3659462
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2008
Construction WOOD
Total area 5,213 SF
Lot 0.99 ac (43,124 SF)
Zoning code SP
APN 290-670-026
UPID US09-3659462
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
  • Wells Fargo Advisors Financial Advisor
  • Wells Fargo ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$635k
CAP Approach CAP
by Request
Comparable Approach Comparable
$759k
Blend (final) Blend
$695k
Owner & transaction history
San Fiesta LP · 13 yrs held
San Fiesta LP
since 2013
4 recorded transactions
2013
$3.6M
2009
Price N/A
2007
Price N/A
1969
Price N/A
Zoning & alternative use
SP · Corona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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