Individually Owned 
For Sale
1 / 34
$799,990
13659 Magnolia Ave, Corona, CA 92879
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Property summary
AI-generated overview
The property is a commercial building in Corona, California with approximately 3,600 square feet of versatile space. It is configured to support multiple potential uses, including auto repair, retail, office, showroom, warehouse, and multi-tenant occupancy. The building has three entrances, with the front section designed to be divisible into three suites; each suite includes its own restroom. A warehouse area is located at the rear of the building. The site is positioned near McKinley and just south of the 91 Freeway, providing frontage and visibility to passing traffic, and it includes a shared driveway easement with the adjacent parcel.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Construction
TILT-UP CONCRETE
Total area
3,210 SF
Lot
0.15 ac (6,534 SF)
Zoning code
C1CP
APN
115-261-017
UPID
US09-0963668
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
$685k
Comparable Approach
Comparable
$377k
Blend (final)
Blend
$510k
Owner & transaction history
since 2021
Last sale
$527,273
7 recorded transactions
Zoning & alternative use
C1CP · Corona, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 15 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$510k
Value range
$459k – $561k
±10% around blend
Estimated value / SF
$159 / SF
Confidence
High
15 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$459k
blend $510k
$561k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,210 SF
Lot area
0.15 ac
Year built
1964
Stories
1
APN
115-261-017
Zoning
C1CP
Assessed value
$549,331
Annual tax
$6,155
3
Income approach: direct capitalization
Partial preview
Income approach indication
$685k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$740k
@ 6.5% CAP return
$685k
@ 7% CAP return
$635k
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$6,155
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.08M
Weighted, 15 comps · high confidence
Evidence
15 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.3 mi away · 3,976 SF
10.5 mi away · 2,813 SF
11.2 mi away · 2,730 SF
13.3 mi away · 2,450 SF
15.7 mi away · 3,612 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$510k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 18 sales
$283
-44%
Submarket 59 sales
$464
-66%
County 927 sales
$331
-52%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $159/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 15 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Selected market yield
8.70%
Selected cap rate for this retail space
Derived from the Corona market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.70%
9.0%
NOI (est.)
$46k *
Last sale · Jul 2021
$527k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$532k
Move the market yield to see immediate price impact.
Value / SF
$166
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.20%8.70%9.20%
$42k
$508k
$478k
$452k
$46k
$564k
$532k
$503k
$51k
$620k
$585k
$553k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
15 found
High confidence · county-verified
Closest comparable
$1.05M
8.1 mi · Feb 2026 · $273/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,155
Tax year 2024
Assessed value
$549,331
Assessed 2024
Previous assessed
$549,331
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$135,252
Assessed improvement
$414,079
Applied tax rate
59.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,210 SF
Lot
0.15 ac (6,534 SF)
Zoning code
C1CP
APN
115-261-017
UPID
US09-0963668
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1CP · Corona, CAZoning C1CP · permitted uses
C1CP · Corona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.15 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C1CP
Jurisdiction
Corona, CA
Recorded code
C1CP
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C1CP in Corona, CA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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