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Property profile & analytics
OFF-MARKET
Estimated value
$8,470,000
Manufacturing properties
525 Klug Cir, Corona, CA 92878-5452
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-2789553
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Construction
TILT-UP CONCRETE
Total area
41,790 SF
Lot
2.11 ac (91,911 SF)
Zoning code
RR
APN
102-400-080
UPID
US09-2789553
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
-
Nitrex Vacuum Furnaces, Corona Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.00M
CAP Approach
CAP
$5.98M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.47M
Owner & transaction history
Klug Corona LLC
Klug Corona LLC
since 2025
Last sale
$8.1M
7 recorded transactions
Zoning & alternative use
RR · Corona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$12.7M
+14.8%
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
$10,125,000
ML approach
$10,000,000
CAP Approach
CAP Return
Estimation
6%
$6,475,000
6.5%
$5,975,000
7%
$5,550,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$11,030,000
Current use
OFFICE BUILDING
$12,660,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$8.47M
Range $7.62M – $9.32M · ±10% · vs last sale $8.13M (Feb 13 2025)
Last sale anchor
$8.13M
Feb 13 2025
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
$203 / 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
$96,807
Tax year 2024
Assessed value
$8,583,300
Assessed 2024
Previous assessed
$8,583,300
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,716,660
Assessed improvement
$6,866,640
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Total area
41,790 SF
Lot
2.11 ac (91,911 SF)
Zoning code
RR
APN
102-400-080
UPID
US09-2789553
Jurisdiction
RIVERSIDE
Zoning & alternative use
RR · Corona, CA
Zoning RR · permitted uses
RR · 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
INDUSTRIAL (GENERAL) Current
Est. value
$11.0M
OFFICE BUILDING
Est. value
$12.7M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
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
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Lot
2.11 ac
Current owner
From public records · entity-resolved
Klug Corona LLC
Entity
Mailing address
1 FEDERAL ST FL, BOSTON, MA 02110-2013
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2025
—
Klug Corona LLC
Klug Corona LLC
Deed
related
$3,150,000 · Citizens Business Bank
May 13, 2025
$8,125,000
Klug Corona LLC
The Realty Assc Fund Xii Portfolio
Grant Deed
$4,410,000 · Lone Oak Fund LLC
Sep 28, 2021
$8,250,000
Realty Associates Fund Xii Portfoli
Jhawar Properties INC
Grant Deed
—
Jul 20, 2015
—
Jhawar Properties INC
Grier Jhawar Properties INC
Grant Deed
$3,307,500 · Wells Fargo Bank NA
May 6, 1997
$1,869,000
Grier-jhawar Properties INC
Haupert,larry R
Trustees Deed
$1,038,102 · Orange National Bank
Sep 25, 1995
$180,000
Michelle E Rash
Pacesetter Business Properties
Grant Deed
—
—
—
Grier-jhawar Properties INC
—
Deed Of Trust
related
$1,939,800 · Rancho Bank
—
—
Grier-jhawar Properties INC
—
Deed Of Trust
related
$830,478 · Orange National 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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