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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Office buildings
4218 Grn Riv Rd Corona, CA 92878-3834
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US10-2340004
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
TILT-UP CONCRETE
Total area
6,333 SF
Lot
0.12 ac (5,227 SF)
Zoning code
C3
APN
101-440-003
UPID
US10-2340004
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
-
Charest Insurance Agency Insurance Agency
-
infusion partners 360 Medical Clinic
-
HomeStar Real Estate Real Estate Agency
-
Media Vault 360 Party Supply Store Rental Equipment Company
-
So Cal Sleep Solutions Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.37M
CAP Approach
CAP
$1.61M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.50M
Owner & transaction history
Saint George Real Properties LLC · 5 yrs held
Saint George Real Properties LLC
since 2021
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
C3 · Corona, CA
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
Method
Estimation
Statistic approach
$1,385,000
ML approach
$1,370,000
CAP Approach
CAP Return
Estimation
6%
$1,740,000
6.5%
$1,605,000
7%
$1,490,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,920,000
Current use
WAREHOUSE, STORAGE
$1,870,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10% · vs last sale $1.56M (May 14 2021)
Last sale anchor
$1.56M
May 14 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$236 / SF
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
$19,670
Tax year 2024
Assessed value
$1,650,177
Assessed 2024
Previous assessed
$1,650,177
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$127,344
Assessed improvement
$1,522,833
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
6,333 SF
Lot
0.12 ac (5,227 SF)
Zoning code
C3
APN
101-440-003
UPID
US10-2340004
Jurisdiction
RIVERSIDE
Zoning & alternative use
C3 · Corona, CA
Zoning C3 · permitted uses
C3 · Corona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Corona. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
WAREHOUSE, STORAGE
Est. value
$1.9M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Saint George Real Properties LLC
Entity
Mailing address
4218 GRN RIV RD STE #101, CORONA, CA 92878-3835
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2021
$1,555,000
Saint George Real Properties LLC
Richard R Hedrick
Grant Deed
$1,321,750 · First Citizens Bank & Trust Co
May 14, 2021
—
Richard R Hedrick
Richard R Hedrick
Intrafamily Transfer
related
—
Jul 12, 2017
—
Diana L Hedrick
Stroemer,clifford L
Quit Claim Deed
related
—
May 31, 2017
$1,343,500
Stroemer,leon E & Sybil I Trust
Chopra R & S Trust
Grant Deed
—
Mar 1, 2013
—
Chopra Romesh & Sunita Trust
Chopra,romesh & Sunita
Quit Claim Deed
related
—
Aug 6, 2010
$850,000
Romesh Chopra
Misk Investments LLC
Grant Deed
—
Jan 2, 2008
—
Misk Investments LLC
Ssi Properties INC
Grant Deed
$892,387 · Zions First National Bank
Nov 9, 2007
—
Ssi Properties INC
Olympic-barrington Ptshp
Grant Deed
$250,581 · Olympic-barrington Ptshp
—
—
Olympic-barrington Ptshp
—
Deed Of Trust
related
$1,396,000 · Citizens Business Bank
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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