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    Property profile & analytics
    OFF-MARKET Estimated value $27,850,000
    Manufacturing properties

    1367 Sherborn St, Corona, CA 92879-2000

    205,235 SF 10.34 ac lot Built 2022
    Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-3838659
    Property summary
    AI-generated overview

    This exceptional Class A property, located at 1367 Sherborn St, Corona, CA 92879, presents a significant opportunity. The Corona Lakeside Logistics Center, Building 2, offers a substantial 205,074 square feet of single-tenant, vacant space, ideal for a variety of industrial and executive office uses. Situated on a 10.2-acre lot in Riverside County, this building boasts impressive features including 36-foot ceiling heights, providing ample vertical space for storage or operations. Access is facilitated by 35 dock-high doors and 3 drive-in doors, ensuring efficient loading and unloading. Ample parking is available with 325 car parking spaces and 26 trailer parking spaces. The property is equipped with robust power capabilities, featuring a 4000A/480V electrical service. Its prime location in Corona, California offers excellent access to major transportation arteries, making it an attractive location for businesses seeking efficient logistics and distribution capabilities. This is a rare opportunity to secure a large, modern, and well-equipped industrial/office space in a thriving Southern California market. The property's size, features, and location combine to create a highly desirable asset for discerning businesses.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 2022
    Construction TILT-UP CONCRETE
    Total area 205,235 SF
    Lot 10.34 ac (450,410 SF)
    APN 107-070-089
    UPID US09-3838659
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $29.35M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $27.85M
    Owner & transaction history
    Nh Sherborn Street Industrial Prop · 4 yrs held
    Nh Sherborn Street Industrial Prop
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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