Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1351 Pomona Rd Corona, CA 92882-7165

    • Warehouses
    • 3.46 lot acres
    OFF-MARKET
    Value Estimations
    $625,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1118360
    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

    • Public Storage / Self-Storage Facility / Automobile Storage Facility
    • Etco Development Inc / Real Estate Developer

    Property Details for 1351 Pomona Rd

    Lot size
    3.46 lot acres
    Property type
    Warehouses
    APN
    118-330-017
    APU
    118330017

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $625,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.59
    Latitude
    33.8833
    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
    2015
    $122,090
    $1,300,000
    $9,730,000
    $11,030,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,290,000
      58,443 SF

      1160 Railroad St

      WAREHOUSE, STORAGE • 58,443 SF
      1160 Railroad St, Corona, CA 92882-1835
      View Details
    • Value Estimation by Request
      4,244 SF

      200 Sherman Ave

      STORAGE YARD, OPEN STORAGE • 4,244 SF
      200 Sherman Ave, Corona, CA 92882-1843
      View Details
    • Value Estimation by Request
      30,000 SF

      224 Sherman Ave

      WAREHOUSE, STORAGE • 30,000 SF
      224 Sherman Ave, Corona, CA 92882-1843
      View Details
    • Value Estimation
      $2,255,000
      5,958 SF

      198 Lewis Ct

      WAREHOUSE, STORAGE • 5,958 SF
      198 Lewis Ct, Corona, CA 92882-1812
      View Details
    • Value Estimation
      $390,000
      9,000 SF

      470 Railroad St

      WAREHOUSE, STORAGE • 9,000 SF
      470 Railroad St, Corona, CA 92882-2406
      View Details
    • Value Estimation
      $240,000
      632 SF

      1054 Railroad St

      WAREHOUSE, STORAGE • 632 SF
      1054 Railroad St, Corona, CA 92882-1947
      View Details

    Similar Nearby for Sale

    • $7,975,000
      26,394 SF

      Freeway Frontage Warehouse Portfolio

      Portfolio of four warehouse buildings with freeway frontage and billboards.
      1450-1456 Pomona Rd, Corona, CA 92882
      View Details
    • Contact for pricing
      64,300 SF

      Freestanding Industrial Building For Sale

      Freestanding industrial building with two-story offices and excellent freeway access.
      2577 Research Dr, Corona, CA 92882
      View Details
    • $2,800,000

      Industrial Property in Corona, CA

      Industrial property available for sale in Corona, California.
      416 W 6Th St, Corona, CA 92882
      View Details
    • $2,900,000
      6,283 SF

      Prime Corona Retail Center

      High-traffic location, strong income.
      1034 6Th St, Corona, CA 92882
      View Details
    • $119,900

      Land For Sale

      Land available for sale.
      995 Pomona Rd Spc, Corona, CA 92882
      View Details
    • $174,999

      Corona Specialty Property For Sale

      Specialty property available for purchase in Corona, California.
      307 S Smith 15, Corona, CA 92882
      View Details

    Similar Nearby for Lease

    • $1.50 SF/Yr
      1,582 SF

      Multi-Tenant Warehouse Space Available

      Multi-tenant warehouse space with street frontage for lease.
      1485-1499 Pomona Rd, Corona, CA 92882
      View Details
    • $1.50 SF/Yr
      9,556 SF

      Smith Corona Warehouse Space Available

      Riverside County warehouse, 1,000-4,800 sqft
      1471 Industrial Way, Corona, CA 92882
      View Details
    • $13 SF/Yr
      2,980 SF

      Smith Corona Warehouse Space Available

      Riverside County industrial warehouse, 2980 sqft.
      118 Industrial Way, Corona, CA 92882
      View Details
    • $1.45 SF/Yr
      17,259 SF

      Freestanding Warehouse Buildings For Rent

      Two freestanding buildings totaling 17,259 SF with freeway frontage.
      1454 Pomona Rd, Corona, CA 92882
      View Details
    • $1.55 SF/Yr
      1,600 SF

      Industrial Space with Freeway Access

      Multi-tenant building with immediate freeway access and office space.
      1251 Pomona Rd, Corona, CA 92882
      View Details
    • $1.50 SF/Yr
      3,075 SF

      Industrial Flex Space Available

      Flex space available for sublease through November 30, 2025.
      1159 Pomona Rd, Corona, CA 92882
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1351 Pomona Rd
    Corona, CA 92882-7165
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.