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Property profile & analytics
OFF-MARKET
Manufacturing properties
3050 Palisades Dr Corona, CA 92878-9430
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3372973
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2001
Construction
TILT-UP CONCRETE
Total area
12,585 SF
Lot
1.13 ac (49,222 SF)
APN
102-820-003
UPID
US09-3372973
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
-
Mudge Fasteners, Inc. Building Supply Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Westpac Holding Company INC · 1 yrs held
Westpac Holding Company INC
since 2025
Last sale
$4.8M
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$16,711
Tax year 2024
Assessed value
$1,462,502
Assessed 2024
Previous assessed
$1,462,502
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$437,267
Assessed improvement
$1,025,235
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
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
12,585 SF
Lot
1.13 ac (49,222 SF)
APN
102-820-003
UPID
US09-3372973
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
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Westpac Holding Company INC
Entity
Mailing address
14 SUNCREEK, IRVINE, CA 92604-4620
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2025
$4,750,000
Westpac Holding Company INC
Paul C Mudge
Grant Deed
—
Jul 13, 2022
—
Paul C Mudge
—
Deed
related
$1,082,160 · Wells Fargo Bank NA
Jan 11, 2017
—
Mudge Family Trust
—
Trustees Deed
related
$1,200,000 · California Bk&tr
May 17, 2001
$991,000
Paul C Mudge
Palisades Business Park LLC
Grant Deed
$670,000 · Eldorado Bank
—
—
Paul C Mudge
—
Deed Of Trust
related
$217,000 · Us Small Business Admn
—
—
Paul C Mudge
—
Deed Of Trust
related
$800,000 · Citizens Business Bank
—
—
Mudge Family Trust
—
Deed Of Trust
related
$150,000 · Citizens Business Bank
—
—
Mudge Family Trust
—
Deed Of Trust
related
$751,000 · California Bank & Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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