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Property profile & analytics
OFF-MARKET Estimated value $3,365,000
Retail space

371 Lincoln Ave Corona, CA 92882-1857

23,120 SF 0.52 ac lot Built 1988
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US09-1885705
Property summary
AI-generated overview

Invest in this thriving Corona, CA retail center, ideally situated at 371 S Lincoln Ave (Lincoln Ave & W 2nd St), in the Inland Empire submarket. This multi-tenant property, identified by APN 118-270-035, 036, 038, 039, 041, offers a total of 99,741 square feet of retail space. Currently, there are several spaces available, ranging from a minimum of 1,050 square feet to a maximum contiguous space of 1,803 square feet. A total of 5,553 square feet is currently vacant, presenting a unique opportunity for expansion or new tenancy. The property's location in Riverside County, with its convenient access and high visibility, makes it an attractive investment. The property is classified as both a Strip Center and a Neighborhood Center, catering to a diverse range of businesses and customer demographics. This is a chance to secure a foothold in a bustling retail environment within a well-established center. The property's address is 371 S Lincoln Ave, Corona, CA 92882. Detailed information on available spaces and lease terms can be provided upon request. Don't miss this opportunity to acquire prime retail space in a high-growth area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1988
Construction TILT-UP CONCRETE
Total area 23,120 SF
Lot 0.52 ac (22,651 SF)
Zoning code R106
APN 118-270-041
UPID US09-1885705
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
  • DEALS 4 LESS Discount Store Clothing & Fashion Store
  • Besson Garage Door Repair Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.37M
Owner & transaction history
301 South Lincon Ave LLC · 11 yrs held
301 South Lincon Ave LLC
since 2015
1 recorded transaction
2015
$19.5M
Zoning & alternative use
R106 · Corona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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