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Property profile & analytics
OFF-MARKET
Estimated value
$4,810,000
Gas stations
2240 Compton Ave Corona, CA 92881-7255
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2644147
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
2004
Construction
WOOD
Total area
3,460 SF
Lot
1.06 ac (46,173 SF)
Zoning code
A
APN
120-510-016
UPID
US10-2644147
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
-
Circle K Grocery & Convenience Store
-
Lenny Dykstra's Gas Station Grocery & Convenience Store
-
76 Car Wash
-
InstaBitATM Bitcoin ATM Crypto Atm Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.87M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.24M
Blend (final)
Blend
$4.81M
Owner & transaction history
Aziz LLC · 4 yrs held
Aziz LLC
since 2022
Last sale
$4.7M
7 recorded transactions
Zoning & alternative use
A · 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
$4,965,000
ML approach
$4,870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$4,105,000
Current use
COMMERCIAL (GENERAL)
$3,540,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$4.81M
Range $4.33M – $5.29M · ±10% · vs last sale $4.70M (Mar 4 2022)
Last sale anchor
$4.70M
Mar 4 2022
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
$1,390 / 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
$55,686
Tax year 2024
Assessed value
$4,889,880
Assessed 2024
Previous assessed
$4,889,880
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,768,680
Assessed improvement
$3,121,200
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,460 SF
Lot
1.06 ac (46,173 SF)
Zoning code
A
APN
120-510-016
UPID
US10-2644147
Jurisdiction
RIVERSIDE
Zoning & alternative use
A · Corona, CA
Zoning A · permitted uses
A · 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.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$3.5M
SERVICE STATION (FULL SERVICE) Current
COMMERCIAL (GENERAL)
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
2004
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.06 ac
Current owner
From public records · entity-resolved
Aziz LLC
Entity
Mailing address
495 E RINCON ST STE #175, CORONA, CA 92879-1301
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2022
$4,700,000
Aziz LLC
2240 Compton Ave LP
Grant Deed
$2,800,000 · Hanmi Bank
Oct 7, 2016
$5,500,000
2240 Compton Ave LP
South Corona 76 Property LLC
Grant Deed
$6,222,000 · * Other Institutional Lenders
Jun 3, 2013
—
South Corona Auto Spa Property
—
Deed Of Trust
related
$1,721,955 · Litt D & T Family Trust (pt)
Oct 22, 2008
—
South Corona 76 Property LLC
—
Deed Of Trust
related
$8,500,000 · First Credit Bank
Oct 19, 2007
—
South Corona 76 Property LLC
South Corona Center
Quit Claim Deed
related
$2,065,000 · Hanmi Bank
—
—
South Corona 76 Property LLC
—
Deed Of Trust
related
$200,000 · Phillips 66 Co
—
—
Oil & Water Management INC
—
Deed Of Trust
related
$1,225,000 · Phillips 66 Co
—
—
2240 Compton Ave LP
—
Loan Modification
related
$1,554,329 · Midfirst Bk
—
—
2240 Compton Ave LP
—
Deed Of Trust
related
$2,000,000 · Southern Counties Oil Co
—
—
South Corona Center
—
Deed Of Trust
related
$1,100,000 · Leonard Elbaum
—
—
South Corona 76 Property LLC
—
Deed Of Trust
related
$150,000 · Private Individual
—
—
South Corona Center
—
Deed Of Trust
related
$110,000 · Conocophillips Co
—
—
2240 Compton Ave LP
—
Loan Modification
related
—
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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