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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Turn key restaurants
493 Main St Corona, CA 92878-4042
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-1921138
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1976
Construction
TILT-UP CONCRETE
Total area
5,740 SF
Lot
0.96 ac (41,817 SF)
Zoning code
C2
APN
119-280-031
UPID
US10-1921138
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
-
Main Street Brewery Production Facility Brewery & Distillery
-
Carrows Restaurants Restaurant
-
OrKeen's Mold Removal & Remediation Corona CA Hardware & Home Improvement Construction Company
-
Lamppost Pizza Main Street Brewery Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$575k
Blend (final)
Blend
$525k
Owner & transaction history
Ejm Properties INC · 13 yrs held
Ejm Properties INC
since 2012
6 recorded transactions
Zoning & alternative use
C2 · 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
by Request
ML approach
$470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±10%
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
$91 / 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
$17,487
Tax year 2024
Assessed value
$1,540,469
Assessed 2024
Previous assessed
$1,540,469
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$504,634
Assessed improvement
$1,035,835
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
5,740 SF
Lot
0.96 ac (41,817 SF)
Zoning code
C2
APN
119-280-031
UPID
US10-1921138
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Corona, CA
Zoning C2 · permitted uses
C2 · 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.
Building & site characteristics
From public records
Year built
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Ejm Properties INC
Entity
Free & Clear · 13 yrs held
Mailing address
11021 WINNERS CIR STE #200, LOS ALAMITOS, CA 90720-2879
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2017
—
Ejm Properties INC
—
Deed
related
$1,825,000 · Farmers & Merchants Bk/lng Bch
Dec 21, 2012
$1,087,500
Ejm Properties INC
Corona Holding Co LLC
Grant Deed
—
Mar 24, 2008
—
Corona Holding Co LLC
Isaacs,willard R JR
Grant Deed
—
Mar 17, 2008
—
Corona Holding Co LLC
Goodstein Joyce Trust
Grant Deed
—
Aug 1, 2007
—
Daniel V Goodstein
Palmer Lorraine F I Trust
Grant Deed
—
—
—
Ejm Properties INC
—
Deed Of Trust
related
$1,825,000 · Farmers & Merchants Bk/lng Bch
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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