Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Turn key restaurants
1920 Frontage Rd Corona, CA 92882-8401
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2372665
Property summary
AI-generated overview
This exceptional Corona, CA property offers a 7,898 square foot, turnkey restaurant with significant frontage on Frontage Road. Located just off the 91 Freeway at the Sixth Street offramp, this single-tenant building benefits from a highly visible 75-foot electronic billboard, attracting attention from the 263,000 vehicles passing daily. Built in 2007 and renovated in 2024, the property boasts excellent condition and is fully fixturized, ready for immediate operation. The expansive 1.3-acre (56,628 square foot) lot presents significant flexibility. Its C2 zoning allows for potential subdivision into smaller units or alternative commercial uses. The property's size and prime location in Riverside County, with APN 102-250-055, make it an ideal investment for a variety of commercial ventures. The property is situated in Corona, CA, zip code 92882. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a thriving market.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2000
Construction
WOOD
Total area
7,850 SF
Lot
1.3 ac (56,628 SF)
APN
102-250-055
UPID
US09-2372665
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
-
Miguel's California Mexican Cocina Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$895k
Owner & transaction history
Frontage Properties LLC · 1 yrs held
Frontage Properties LLC
since 2025
6 recorded transactions
Zoning & alternative use
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
by Request
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$895k
Range $806k – $985k · ±10%
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
$114 / 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
$36,871
Tax year 2024
Assessed value
$3,188,099
Assessed 2024
Previous assessed
$3,188,099
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$926,253
Assessed improvement
$2,261,846
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2000
Construction
WOOD
Heating
NONE
Stories
2
Total area
7,850 SF
Lot
1.3 ac (56,628 SF)
APN
102-250-055
UPID
US09-2372665
Jurisdiction
RIVERSIDE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2000
Construction
WOOD
Heating
NONE
Stories
2
Lot
1.3 ac
Current owner
From public records · entity-resolved
Frontage Properties LLC
Entity
Mailing address
PO BOX 1224, CORONA, CA 92878-1224
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2025
—
Frontage Properties LLC
Frontage Properties LLC
Deed
related
$7,212,500 · Tri Counties Bank
Apr 5, 2000
—
Frontage Properties LLC
—
Grant Deed
related
$2,146,000 · Fallbrook National Bank
Dec 10, 1998
$570,000
Mike R Vasquez
Ayers LP
Grant Deed
$370,000 · Fallbrook Mortgage Corp
—
—
Frontage Properties LLC
—
Deed Of Trust
related
$498,000 · Bank Of America
—
—
Frontage Properties LLC
—
Deed Of Trust
related
$513,000 · Cdc Small Business Finance Co
—
—
Frontage Properties LLC
—
Deed Of Trust
related
$1,500,000 · Bank Of America
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1920 Frontage Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
