Property profile

255 Lincoln Ave Corona, CA 92882

OFF-MARKET
Office buildings
Property ID
US09-0190551
1.15 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a freestanding industrial facility located at 255 N Lincoln Ave in Corona, California, on a 1.15-acre site with a large private secured yard. The building consists of approximately 13,145 square feet of industrial/warehouse space and includes an office component of approximately 110,000 square feet of two-story office space arranged for on-site operational use. Warehouse access is provided by a single grade-level door measuring 10 feet by 14 feet, and the warehouse area has a minimum clearance of 24 feet. Electrical service is described as 800 amps at 120/208V, three-phase, subject to verification.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 1.15 ac (50,093 SF)
Zoning code M1
APN 118-230-061
UPID US09-0190551

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
  • Gym & Fitness Center
  • Gym & Fitness Center
  • Medical Clinic
  • Gym & Fitness Center Alternative Medicine Practice
  • Alternative Medicine Practice

Location

255 Lincoln Ave Corona, CA 92882-1851
Corona metro Census 41500 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.62M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.28M

Owner & transaction history

since 2022
Last sale
$1.8M
7 recorded transactions
2022
Price N/A
2021
Price N/A
2018
Price N/A
2013
Price N/A
2012
$1.8M
2009
Price N/A
2009
$2.1M

Zoning & alternative use

M1 · Corona, CA
Zoning description

M-1 Light Manufacturing Zone . The M-1 (Light Manufacturing) Zone is intended for light manufacturing and industrial uses. The purpose of the M-1 zone is to provide for manufacturing uses that are generally passive becau…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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