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    531 Queensland Cir Corona, CA 92879-1381
    Property profile & analytics

    531 Queensland Cir, Corona, CA 92879-1381

    View on Map

    • Office buildings
    • 3,648 SF
    • 0.09 lot acres
    Off-Market
    Last Sale Jan 21, 2025
    $1,459,500
    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.

    Value Estimations
    $1,385,000
    Show details
    Cap Rate Potential
    4.7%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Cantoni Plumbing, Inc. / Plumbing Service / General Contractor

    Property Details for 531 Queensland Cir

    Year built
    2006
    Construction
    TILT-UP CONCRETE
    Lot size
    0.09 lot acres
    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
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,105,000
      Current use
      AUTO REPAIR, GARAGE
      $1,575,000
      Change: +43% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,080,000
      Change: -2% Conversion: Difficult
      RETAIL STORES
      $1,030,000
      Change: -7% Conversion: Moderate

    Get a detailed, property-specific estimation — 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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