Property profile

531 Queensland Cir Corona, CA 92879

FOR SALE
Office buildings
Property ID
US09-0995975
3,648 SF 0.09 ac lot Built 2006
Entity Owned 1-yr Hold ~ Est. High Equity
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For Sale
Contact for pricing 3,648 SF
531 Queensland Cir, Corona, CA 92879
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2006
Construction TILT-UP CONCRETE
Total area 3,648 SF
Lot 0.09 ac (3,920 SF)
Zoning code M4
APN 119-301-007
UPID US09-0995975

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Plumbing Service General Contractor

Location

531 Queensland Cir Corona, CA 92879
Corona metro Census 41500 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.34M
CAP Approach CAP
$925k
Comparable Approach Comparable
$1.40M
Blend (final) Blend
$1.27M

Owner & transaction history

since 2025
Last sale
$1.5M
5 recorded transactions
2025
$1.5M
2022
Price N/A
2022
$1.4M
2021
$1.3M
2015
$860,000

Zoning & alternative use

M4 · Corona, CA
Zoning description

M-4 Industrial Park Zone . (1) The M-4 (Industrial Park) Zone is designed to provide attractive sites for restricted industrial development at desirable locations in an environment designed for industrial concerns engage…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $1.6M +42.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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