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Investment Highlights

  • Delivered vacant at close of escrow, enabling immediate redevelopment plans
  • Convenient access to I-15 and SR-91 for regional and local connectivity
  • Strong visibility along a major commercial corridor with significant daily traffic
  • Positioned within the high-growth Inland Empire market with dense residential and retail nearby

Executive Summary

Rare opportunity to acquire approximately 2.71 acres of infill land within the City of Corona, one of Southern California's fastest-growing commercial/residential markets. The Property's C-2 (Restricted Commercial) zoning designation permits residential development subject to compliance with applicable municipal standards and Assembly Bill 2011. The City's General Plan designates the site as General Commercial (GC), which provides for residential densities ranging from 36 to 60 dwelling units per acre suggesting the potential development capacity of approximately 98 to 163 residential units, subject to site planning, affordability requirements, parking, labor standards, environmental review, and City approval of all required development plans.

Property Facts

Price $4,950,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Hotel
  • Neighborhood Center
  • Single Family Development
  • Single Family Residence
Total Lot Size 2.71 AC
Zoning C-2 - Commercial with high density residential overlay.

1 Lot Available

Lot

Price $4,950,000
Price Per AC $1,826,568.27
Lot Size 2.71 AC

1508 Taber Street in Corona presents a rare opportunity to acquire approximately 2.71 acres of commercial.residential land positioned in the heart of the Inland Empire's fast-growing market. High visibility on the 15-Freeway.

Description

The site comprises two adjacent parcels totaling approximately 2.71 acres on Taber Street in the city of Corona. Zoning is identified as C2, allowing a range of commercial uses. The residential overlay provides for residential densities ranging from 36 to 60 dwelling units per acre. The property is currently improved with a plant nursery operation and will be delivered vacant after close of escrow. Access to surrounding roadways includes proximity to Interstate 15 and State Route 91.

Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
120-200-003
Land Assessment
$1,703,400
Improvements Assessment
$0
Total Assessment
$1,703,400
  • Listing ID: 40882937

  • Date on Market: 6/11/2026

  • Last Updated:

  • Address: 1508 Taber St, Corona, CA 92881

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