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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Retail space
826 6th St Corona, CA 92882-3237
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2516792
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
WOOD
Total area
517 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C3
APN
110-101-007
UPID
US10-2516792
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
-
Mike and Migi's Barbershop Barber Shop
-
Casa De Cortes Rivera Barber Shop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$532k
Blend (final)
Blend
$625k
Owner & transaction history
Pedro C Rivera · 3 yrs held
Pedro C Rivera
since 2023
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
C3 · Corona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$530,000
+101.5%
Neighborhood: shopping center
$445,000
+69.4%
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
$660,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$530,000
Change: +101% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$445,000
Change: +69% · Conversion: Moderate
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $625k (Mar 1 2023)
Last sale anchor
$625k
Mar 1 2023
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
$1,209 / 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
$4,339
Tax year 2024
Assessed value
$382,500
Assessed 2024
Previous assessed
$382,500
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$188,700
Assessed improvement
$193,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Construction
WOOD
Heating
NONE
Buildings
3
Stories
1
Total area
517 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C3
APN
110-101-007
UPID
US10-2516792
Jurisdiction
RIVERSIDE
Zoning & alternative use
C3 · Corona, CA
Zoning C3 · permitted uses
C3 · 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
COMMERCIAL (GENERAL)
Est. value
$530,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$445,000
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1920
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Lot
0.17 ac
Current owner
From public records · entity-resolved
Pedro C Rivera
Individual
Mailing address
430 E MARKET ST, LONG BEACH, CA 90805-5914
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2023
$625,000
Pedro C Rivera
Iluc Properties No1 LLC
Grant Deed
—
May 13, 2022
—
Iluc Properties No 1 LLC
Juan Rivera
Quit Claim Deed
related
—
Mar 30, 2021
—
Juan Rivera
—
Deed
related
$460,000 · Redwood Mortgage Corp
Mar 1, 2011
—
Juan Rivera
Rivera,brenda A
Quit Claim Deed
related
—
Mar 1, 2011
$650,000
Juan Rivera
Mountain Brook LLC
Grant Deed
$525,000 · Mountain Brook LLC
Oct 27, 2010
—
Mountain Brook LLC
Mcnash,stephen J & Nancy
Deed In Lieu Of Foreclosure
related
—
Aug 22, 2008
$786,000
Stephen J Mcnash
Mountain Brook LLC
Grant Deed
$572,000 · Investment Property Exchange
Jun 11, 2008
—
Mountain Brook LLC
Arroyo,sara
Grant Deed
—
Jun 30, 2004
$550,000
Sara Arroyo
Jbb INC
Grant Deed
$200,000 · Jbb INC
May 26, 1999
$160,000
Jbb INC
Shephard,louise A
Grant Deed
$85,000 · Seller
Dec 21, 1994
—
Julia I Etal Allen
Allen,julia I
Quit Claim Deed
related
—
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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