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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Manufacturing properties
1674 Railroad St, Corona, CA 92878-5002
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3309647
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Construction
TILT-UP CONCRETE
Total area
5,960 SF
Lot
0.47 ac (20,473 SF)
Zoning code
M2
APN
118-360-052
UPID
US09-3309647
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
-
Schamber Electric Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$875k
CAP Approach
CAP
$850k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$845k
Owner & transaction history
Amje LLC · 2 yrs held
Amje LLC
since 2023
Last sale
$806,000
7 recorded transactions
Zoning & alternative use
M2 · Corona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Corona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Corona submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$880,000
ML approach
$875,000
CAP Approach
CAP Return
Estimation
6%
$925,000
6.5%
$850,000
7%
$790,000
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $806k (Jul 18 2023)
Last sale anchor
$806k
Jul 18 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$142 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$13,545
Tax year 2024
Assessed value
$1,200,000
Assessed 2024
Previous assessed
$1,200,000
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$370,000
Assessed improvement
$830,000
Applied tax rate
4.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
5,960 SF
Lot
0.47 ac (20,473 SF)
Zoning code
M2
APN
118-360-052
UPID
US09-3309647
Jurisdiction
RIVERSIDE
Zoning & alternative use
M2 · Corona, CA
Zoning M2 · permitted uses
M2 · Corona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Corona. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Amje LLC
Entity
Mailing address
3991 IBBETSON ST, CORONA, CA 92882-5003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2023
—
Amje LLC
Tammie Jo Schamber
Quit Claim Deed
related
—
Sep 12, 2017
—
Schamber Family Trust
—
Deed
related
$750,000 · Corona Business Center
Nov 22, 2013
$806,000
Schamber Family Trust
Grand Council Ents INC
Grant Deed
$604,500 · Pacific Mercantile Bank
Nov 14, 2011
—
Grand Council Ents INC
Inland Material Supply INC
Grant Deed
—
May 5, 2004
—
Inland Material Supply INC
—
Deed Of Trust
related
$2,043,000 · Wells Fargo Bank
Mar 1, 1990
$161,500
Inland Material
Crona Railroad
Grant Deed
—
—
—
Inland Material Supply INC
—
Deed Of Trust
related
$206,181 · First Security Bank
—
—
Schamber Family Trust
—
Deed Of Trust
related
$566,000 · Corona Business Center
—
—
Schamber Family Trust
—
Deed Of Trust
related
$750,000 · Corona Business Center
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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