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Property profile & analytics

531 Queensland Cir Corona, CA 92879-1381

  • Office buildings
  • 3,648 SF
  • 0.09 lot acres
OFF-MARKET
Last Sale
Jan 21, 2025
$1,459,500
Value Estimations
$1,260,000
Show details
Cap Rate Potential
4.7%
Office buildings
Location Intelligence
Property ID
US09-0995975
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.

Current Use by Public Records

  • Cantoni Plumbing, Inc. / Plumber

Property Details for 531 Queensland Cir

Year built
2006
Construction
TILT-UP CONCRETE
Lot size
0.09 lot acres
Property size
3,648 SF
Zone code
M4
Property type
Office buildings
APN
119-301-007
APU
119301007

Description

This exceptional 3,648-square-foot single-story office condo presents a unique investment opportunity in Corona, CA. Ideally situated near the intersection of the 91 and 15 freeways, this property boasts unparalleled accessibility and convenience. Built in 2007 and extensively renovated between 2022 and 2023, the space features a highly functional interior buildout, ready for immediate occupancy. The asking price is $1,565,000, translating to a competitive price per square foot of $429. The property sits on a 0.09-acre lot, providing ample space for parking and potential future expansion. Its "jewel box" design offers an efficient and well-appointed layout. The location is further enhanced by the proximity to numerous restaurants and other amenities, catering to both employees and clients. This owner-user offering represents a rare chance to acquire a meticulously maintained and strategically located commercial property in a thriving Southern California market. The recent renovations ensure modern functionality and aesthetics, minimizing the need for immediate capital improvements. This turnkey solution is perfect for businesses seeking a high-quality, well-positioned office space. Don't miss this opportunity to secure a prime commercial asset in a highly desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,270,000
    ML approach
    $1,340,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,000,000
    6.5%
    $925,000
    7%
    $860,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,401,000
    Market price range: $632k - $1.40M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Corona
County
Riverside
State
California
Longitude
-117.559
Latitude
33.8833
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
$15,638
$163,200
$1,239,300
$1,402,500
-
$0.00
$0.00
$0.00
More about this property
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