255 Rincon St Corona, CA 92879-1367
Office buildings
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Entity Owned
Absentee Owner
~
Est. High Equity
For Lease
1 / 2
Contact for pricing
255 Rincon St, Corona, CA 92879-1367
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Estimated value (blended)
$4.38M
Range $3.94M – $4.82M (±10%)
Property ID
US09-0831769
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
TILT-UP CONCRETE
Total area
20,284 SF
Lot
2.93 ac (127,630 SF)
Zoning code
BP
APN
119-280-061
UPID
US09-0831769
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Financial Advisor
-
Nursing Home
-
Printing Equipment Supplier
-
Loan Service
-
Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.14M
Comparable Approach
Comparable
$3.97M
Blend (final)
Blend
$4.38M
Owner & transaction history
since 2026
5 recorded transactions
Zoning & alternative use
BP · Corona, CA
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 4 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.38M
Value range
$3.94M – $4.82M
±10% around blend
Estimated value / SF
$216 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
40
Income certainty
100
$3.94M
blend $4.38M
$4.82M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
20,284 SF
Lot area
2.93 ac
Year built
2001
Stories
3
APN
119-280-061
Assessed value
$10,251,069
Annual tax
$114,747
3
Income approach: direct capitalization
Partial preview
Income approach indication
$5.14M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$5.57M
@ 6.5% CAP return
$5.14M
@ 7% CAP return
$4.78M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$114,747
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.85M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
34.0 mi away · 19,538 SF
35.9 mi away · 20,294 SF
60.7 mi away · 17,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.38M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 38 sales
$303
-29%
County 622 sales
$272
-21%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $216/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
654,326.53%
Selected cap rate for this office buildings
Derived from the Corona market rent, vacancy and expense benchmarks for this use type.
NOI (est.)
$16k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2
Move the market yield to see immediate price impact.
Value / SF
$0
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
654,326.03%654,326.53%654,327.03%
$14k
$2
$2
$2
$16k
$2
$2
$2
$18k
$2
$2
$2
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$3.35M
22.0 mi · Dec 2025 · $179/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$114,747
Tax year 2024
Assessed value
$10,251,069
Assessed 2024
Previous assessed
$10,251,069
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,502,308
Assessed improvement
$8,748,761
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Total area
20,284 SF
Lot
2.93 ac (127,630 SF)
Zoning code
BP
APN
119-280-061
UPID
US09-0831769
Jurisdiction
RIVERSIDE
Zoning & alternative use
BP · Corona, CAZoning BP · permitted uses
BP · Corona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Lot
2.93 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
BP
COMMERCIAL
Jurisdiction
Corona, CA
Recorded code
BP
Official district
BP
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BP in Corona, CA.
What opens after registration
Zoning profile
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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