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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Warehouses
22237 Knabe Rd Corona, CA 92883
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2811299
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2007
Construction
TILT-UP CONCRETE
Total area
6,922 SF
Lot
2.21 ac (96,267 SF)
APN
282-160-024
UPID
US09-2811299
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
-
US Storage Centers Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$483k
Blend (final)
Blend
$795k
Owner & transaction history
Westport Corona LLC · 21 yrs held
Westport Corona LLC
since 2004
7 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
$805,000
CAP Approach
CAP Return
Estimation
6%
$1,195,000
6.5%
$1,100,000
7%
$1,025,000
Blend value · Realmo final
$795k
Range $716k – $875k · ±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
$115 / 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
$82,649
Tax year 2024
Assessed value
$7,438,230
Assessed 2024
Previous assessed
$7,438,230
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,258,384
Assessed improvement
$6,179,846
Applied tax rate
59.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
5
Total area
6,922 SF
Lot
2.21 ac (96,267 SF)
APN
282-160-024
UPID
US09-2811299
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
2007
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
5
Lot
2.21 ac
Current owner
From public records · entity-resolved
Westport Corona LLC
Entity
Mailing address
660 NEWPORT CTR DR STE #1450, NEWPORT BEACH, CA 92660-6452
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2017
—
Westport Corona LLC
—
Deed
related
$5,500,000 · Bank Of America
Feb 17, 2006
—
Westport Corona LLC
—
Trustees Deed
related
$4,900,000 · Bank Of America
Oct 22, 2004
—
Westport Corona LLC
Wildrose Self-storage LLC
Grant Deed
related
—
Mar 24, 2004
$700,000
Wildrose Self-storage LLC
Bay,douglas C & Trudi M
Grant Deed
—
—
—
Douglas C Bay
—
Deed Of Trust
related
$50,000 · Gray Trust
—
—
Westport Corona LLC
—
Deed Of Trust
related
$2,217,000 · Bank Of America
—
—
Westport Corona LLC
—
Deed Of Trust
related
$5,500,000 · 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.
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