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    Property profile & analytics

    1298 Ontario Ave Corona, CA 92881-3618

    • Turn key restaurants
    • 0.63 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US09-3285146
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • McDonald's / Fast Food Restaurant / Breakfast Restaurant

    Property Details for 1298 Ontario Ave

    Lot size
    0.63 lot acres
    Property type
    Turn key restaurants
    APN
    120-510-003
    APU
    120510003

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.54
    Latitude
    33.8461
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $22,422
    $461,795
    $1,486,155
    $1,947,950
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,441 SF

      2331 California Ave

      RESTAURANT • 2,441 SF
      2331 California Ave, Corona, CA 92881-6646
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    • Value Estimation by Request
      0.23 Acres

      19582 Temescal Cyn Rd

      RESTAURANT • 0.23 Acres
      19582 Temescal Cyn Rd, Corona, CA 92881-5652
      View Details
    • Value Estimation by Request
      2,965 SF

      2320 Compton Ave

      RESTAURANT • 2,965 SF
      2320 Compton Ave, Corona, CA 92881-7256
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    • Value Estimation by Request
      1.21 Acres

      2355 Compton Ave

      RESTAURANT • 1.21 Acres
      2355 Compton Ave, Corona, CA 92881-7254
      View Details
    • Value Estimation by Request

      2150 California Ave Ste, Unit 101

      RESTAURANT
      2150 California Ave Ste, Corona, CA 92881-7271
      View Details
    • Value Estimation by Request
      2,697 SF

      1180 Ontario Ave

      RESTAURANT • 2,697 SF
      1180 Ontario Ave, Corona, CA 92881-8626
      View Details

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      Corona Crawfish & Hotpot Restaurant

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      Retail Space at Signalized Corner

      Prime retail location with high visibility and traffic.
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    • $2 SF/Yr
      6,200 SF

      Prime Commercial Space in Corona

      High-traffic location suitable for medical, wellness, or professional office uses.
      1561 E Ontario Ave, Corona, CA 92881
      View Details

    Property Visit Statistics

    • Visits by month
      61.9k
    • Visitors by month
      37.8k
    • Avg Time on site
      18 min
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    1298 Ontario Ave
    Corona, CA 92881-3618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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