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Property profile & analytics
OFF-MARKET
Estimated value
$46,970,000
Manufacturing properties
210 Radio Rd, Corona, CA 92879-1722
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-2301556
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2023
Construction
TILT-UP CONCRETE
Total area
149,389 SF
Lot
6.72 ac (292,723 SF)
APN
115-590-035
UPID
US09-2301556
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
-
Major Market Stations Inc Radio Station Telecommunications Service
-
KWRM 1370AM Radio Station Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$46.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$48.54M
Blend (final)
Blend
$46.97M
Owner & transaction history
Radio Road LLC · 2 yrs held
Radio Road LLC
since 2024
Last sale
$47.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$64.5M
+78.3%
Office building
$45.3M
+25.1%
Warehouse, storage
$44.1M
+22.0%
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
$46,970,000
ML approach
$46,970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$36,180,000
Current use
AUTO REPAIR, GARAGE
$64,505,000
Change: +78% · Conversion: Easy
OFFICE BUILDING
$45,260,000
Change: +25% · Conversion: Difficult
WAREHOUSE, STORAGE
$44,140,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$46.97M
Range $42.27M – $51.67M · ±10% · vs last sale $46.97M (Jun 4 2024)
Last sale anchor
$46.97M
Jun 4 2024
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
$314 / 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
$535,149
Tax year 2024
Assessed value
$47,762,304
Assessed 2024
Previous assessed
$47,762,304
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$12,209,184
Assessed improvement
$35,553,120
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
2023
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
149,389 SF
Lot
6.72 ac (292,723 SF)
APN
115-590-035
UPID
US09-2301556
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$36.2M
AUTO REPAIR, GARAGE
Est. value
$64.5M
OFFICE BUILDING
Est. value
$45.3M
WAREHOUSE, STORAGE
Est. value
$44.1M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2023
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
6.72 ac
Current owner
From public records · entity-resolved
Radio Road LLC
Entity
Free & Clear · 2 yrs held
Mailing address
210 RADIO RD NE STE #100, CORONA, CA 92879-1722
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2024
$46,972,000
Radio Road LLC
Radio Road Industrial Owner LP
Grant Deed
—
Dec 17, 2020
—
Rexco-hayward LLC
Rexco-hayward LLC
Quit Claim Deed
related
—
Dec 16, 2020
—
City Of Corona
Rexco-hayward LLC
Quit Claim Deed
related
—
Dec 16, 2020
$20,000
Rexco-hayward LLC
City Of Corona
Grant Deed
—
Nov 23, 2020
—
Rexco-hayward LLC
Major Market Stations INC
Grant Deed
related
—
May 21, 2020
$90,909
Rexco-hayward LLC
Major Market Stations INC
Grant Deed
—
Dec 30, 2019
$85,000
Rexco Hayward LLC
Charisma In Missions INC
Grant Deed
—
Dec 30, 2019
—
Charisma In Mission INC
Major Market Stations INC
Grant Deed
related
—
Dec 7, 2016
—
Major Market Stations INC
—
Deed
related
$40,000 · First Bank
Sep 23, 1998
—
Market Stations
Major Market Stations,
Quit Claim Deed
related
—
—
—
Major Market Stations INC
—
Deed Of Trust
related
$50,000 · First Bank & Trust
—
—
Major Market Stations INC
—
Deed Of Trust
related
$50,000 · Bank Group
—
—
Market Sta
—
Deed Of Trust
related
$300,000 · Western Communities
—
—
Major Market Stations INC
—
Deed Of Trust
related
$20,000 · Byl Bank Group
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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