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Property profile & analytics
OFF-MARKET
Estimated value
$3,715,000
Strip malls
434 Main St Corona, CA 92878-3457
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5634374
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2020
Construction
WOOD
Total area
12,252 SF
Lot
0.73 ac (31,798 SF)
APN
119-560-003
UPID
US09-5634374
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
-
Homes in Corona and Riverside Real Estate Agency
-
Meet The Real Carlos Real Estate Agency
-
Street Corner Grocery & Convenience Store
-
Tuttle Ventures Corporate Office Financial Advisor
-
BettyJean O'Donnell - RE/MAX Partners Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.05M
CAP Approach
CAP
$3.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.72M
Owner & transaction history
Corona Metro LLC · 2 yrs held
Corona Metro LLC
since 2023
Last sale
$3.6M
3 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
Method
Estimation
Statistic approach
$4,115,000
ML approach
$4,045,000
CAP Approach
CAP Return
Estimation
6%
$3,420,000
6.5%
$3,155,000
7%
$2,930,000
Blend value · Realmo final
$3.72M
Range $3.34M – $4.09M · ±10% · vs last sale $3.64M (Dec 22 2023)
Last sale anchor
$3.64M
Dec 22 2023
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
$303 / 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
$57,159
Tax year 2024
Assessed value
$5,035,000
Assessed 2024
Previous assessed
$5,035,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$800,000
Assessed improvement
$4,235,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2020
Construction
WOOD
Heating
NONE
Stories
2
Total area
12,252 SF
Lot
0.73 ac (31,798 SF)
APN
119-560-003
UPID
US09-5634374
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
2020
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.73 ac
Current owner
From public records · entity-resolved
Corona Metro LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1874 TANDEM, NORCO, CA 92860-3605
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2023
$3,635,000
Corona Metro LLC
Metro At Main Retail LP
Grant Deed
—
Dec 21, 2023
—
Metro At Main Retail LP
Corona North Retail Development LP
Grant Deed
$76,900,000 · The United States Life Insurances Compan
Sep 9, 2019
—
Corona North Retail Dev LP
Corona North Main Dev LP
Quit Claim Deed
$76,900,000 · Miscellaneous Ins Co
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.
Try Rey
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