508 Grand Blvd Corona, CA 92882-2118
Property Lookup
Property profile & analytics
508 Grand Blvd Corona, CA 92882-2118
- Retail space
- 4,000 SF
- 0.23 lot acres
Property ID
US09-3297715
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- B'llo bb Boutique Bautizos, Comuniones y Mas / Clothing & Fashion Store
Property Details for 508 Grand Blvd
- Year built
- 1968
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.23 lot acres
- Property size
- 4,000 SF
- Zone code
- C2
- Property type
- Retail space
- APN
- 117-340-021
- APU
- 117340021
Description
This exceptional investment opportunity presents a two-unit retail building totaling 4,008 square feet, situated on a 0.23-acre lot at 508 Grand Boulevard in Corona, CA. Built in 1968, this single-story property boasts a prime location on the iconic circular West Grand Boulevard, zoned Community Service (CS). The larger suite (2,480 sq ft) features six rooms, two bathrooms, central air, and a gas-fired space heater, along with three exterior entrances. The smaller suite (1,600 sq ft) includes one additional room, one bathroom, a wall-mounted AC unit, and a gas-fired space heater, with two exterior entrances. Both suites share a covered 357 sq ft front porch and are adjoined by a common wall. The property offers ample parking with three spaces in the front lot and additional space in the rear. The brick building, constructed on a concrete foundation with a flat/pitch roof, has independent utility access for each suite. The 67-foot street frontage provides excellent visibility. The property's 10,019 sq ft lot offers significant potential. Note that adjacent pod storage units are not included in the sale. The City of Corona is undertaking a comprehensive plan to revitalize the downtown area, with nine scheduled improvements, including streetscape enhancements on Grand Boulevard and 6th Street, already underway. This presents a unique chance to capitalize on the area's anticipated growth. The asking price is $899,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,040,000
- ML approach
- $955,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $920,000
- 6.5%
- $850,000
- 7%
- $790,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Corona
- County
- Riverside
- State
- California
- Longitude
- -117.574
- Latitude
- 33.8771
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,145
$275,000
$630,000
$905,000
-
$0.00
$0.00
$0.00
