Financial
Distress signals
Property profile

3848 N Mckinley St C Corona, CA 92879

FOR LEASE
Strip malls
Property ID
US10-2962824
3,234 SF 2.26 ac lot Built 1990
Last sale Aug 2005 · $8,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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3848 N Mckinley St,Unit C, Corona, CA 92879 For Lease
$2,700/Mo 1,080 SF available
3848 N Mckinley St,Unit C, Corona, CA 92879
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Property summary

AI-generated overview

This exceptional retail opportunity is located within the McKinley International Plaza in Corona, California, at 3848 N McKinley St, 92879. The plaza offers two available spaces, ranging from 1,080 to 2,100 square feet, ideal for a variety of retail uses. Situated at the signalized intersection of Magnolia Ave and McKinley St, the property boasts excellent visibility with exposure to 59,738 cars daily. Strong co-tenancy includes ARCO, Popeyes, and Metro PCS, further enhancing visibility and

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$77k
Tax billed · 2024
Assessed value$6.90M
Assessed land$1.99M
Assessed improvement$4.91M
Effective rate1.12%

Value estimate

· Sep 2026
$570k
$513k – $627k
AI approach$525k
Submarket $/SF estimate$348k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 553.41% cap applied$15k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$861/SF
County average, outlier-cleaned · 156 recorded sales of this use type
Observed band · Q1–Q3$212 – $1,778

Cap rate analysis

How does the asset earn?
553.41%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R106
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.1
Pawn Shop10.5
HVAC Service9.5

Location

3848 N Mckinley St, Unit C Corona, CA 92879
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
611 Grand, Corona, CA 92879-2225 $6,900,000 Aug 2024 26,880 SF
175 Ontario, Corona, CA 92879-3504 $7,800,000 Apr 2024 4,000 SF
265 Ontario, Corona, CA 92879-3505 $7,800,000 Apr 2024 12,000 SF
135 Ontario, Corona, CA 92879-3503 $7,800,000 Apr 2024 4,000 SF
281 Dupont, Corona, CA 92879-6021 $3,250,000 Oct 2023 16,192 SF
650 Rimpau, Corona, CA 92879-5731 $1,375,000 May 2022 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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