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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Manufacturing properties
555 Promenade Ave, Corona, CA 92879-1710
Individually Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1029837
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Lot
10.09 ac (439,520 SF)
Zoning code
R106
APN
115-210-022
UPID
US09-1029837
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
-
QSC, LLC Electronics & Wireless Store Big Box & Wholesale Store
-
Ecore Distribution Warehouse & Storage
-
SpectraTurf Industrial Manufacturer Production Facility
-
Adavanti Wheels Auto Parts Store
-
MiTek Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
14 Promenade Ptshp · 20 yrs held
14 Promenade Ptshp
since 2005
7 recorded transactions
Zoning & alternative use
R106 · Corona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±10%
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
—
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
$145,951
Tax year 2024
Assessed value
$12,842,377
Assessed 2024
Previous assessed
$12,842,377
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$3,208,708
Assessed improvement
$9,633,669
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
Heating
NONE
Lot
10.09 ac (439,520 SF)
Zoning code
R106
APN
115-210-022
UPID
US09-1029837
Jurisdiction
RIVERSIDE
Zoning & alternative use
R106 · Corona, CA
Zoning R106 · permitted uses
R106 · 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.
Building & site characteristics
From public records
Heating
NONE
Lot
10.09 ac
Current owner
From public records · entity-resolved
14 Promenade Ptshp
Individual
Free & Clear · 20 yrs held
Mailing address
5100 CAMPUS DR STE #300, NEWPORT BEACH, CA 92660-2191
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2005
—
14 Promenade Ptshp
Langson,jack M
Grant Deed
—
Jan 22, 2003
—
Jack M Langson
44 Promenade Ptshp LP
Grant Deed
related
—
Jan 13, 2003
—
Jack M Langson
Investment Building Group
Grant Deed
related
—
Jan 7, 2003
—
Jack M Langson
44 Promenade Partnership LP
Grant Deed
related
—
Dec 27, 2002
—
Jack M Langson
44 Promenade Partnership LP
Grant Deed
related
—
Nov 21, 2001
—
Jack M Langson
44 Promenade Ptshp LP
Grant Deed
$600,000 · Western Financial Savings Bank
Aug 3, 2001
—
Investment Building Group
44 Promenade Partnership LP
Grant Deed
related
—
Jul 5, 2001
—
Jack M Langson
44 Promenade Partnership LP
Grant Deed
related
—
Dec 17, 1999
$1,763,000
Sentous Associates LP
Corona-norco
Grant Deed
—
Oct 18, 1999
—
Owner Record
Scec,
Quit Claim Deed
related
—
Jul 15, 1998
—
Fcfc
Cor Unif Sch Dist Rv Cou ,
Grant Deed
related
—
—
—
14 Promenade Ptshp LP
—
Deed Of Trust
related
$6,500,000 · Sun Life Assurance Co
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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