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Investment Highlights

  • 21950 Temescal Canyon Road presents one parcel totaling 2.33 acres in process for the development of an industrial warehouse building.
  • Proximity to Interstate 15 provides expedited access to major logistics routes, supporting efficient distribution throughout Southern California.
  • Lucrative opportunity to carry out an entitlement nearing the stages of completion for a 42,727-square-foot warehouse building.
  • Located along Temescal Canyon Road in Corona's robust industrial market, the site benefits from visibility to more than 131,116 vehicles daily.

Executive Summary

Huge price reduction. Take a chance on the rare opportunity to acquire 21950 Temescal Canyon Road, a fully entitled industrial land parcel in the heart of Corona’s rapidly expanding Temescal Canyon industrial corridor. Spanning approximately 2.33 acres, this flat and usable site is in the final stages of permitting for a 42,727-square-foot warehouse project, significantly reducing development risk and time-to-market.

Positioned just minutes from Interstate 15 and the 91 Freeway, the property offers excellent logistics efficiency and regional connectivity to the Inland Empire, Orange County, and beyond. With over 130,000 vehicles passing daily along Temescal Canyon Road, the site also delivers exceptional visibility, presenting an uncommon advantage for industrial assets.

Surrounded by established industrial users and ongoing growth, 21950 Temescal Canyon Road presents a compelling opportunity for developers, investors, or owner/users to capitalize on one of the Inland Empire’s strongest industrial markets.

Property Facts

Price $3,650,000
Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Warehouse
Total Lot Size 2.33 AC
Zoning M-SC - Manufacturing - Service Commercial in Corona

1 Lot Available

Lot 1

Price $3,650,000
Price Per AC $1,566,523.61
Lot Size 2.33 AC

Industrial warehouse entitlement has been completed. The corner of Temescal Canyon Road and Leroy Road offers one parcel totaling 2.33 acres, in the process of obtaining entitlements and a building permit for a 42,727 SF industrial warehouse.

Description

This prime development opportunity is nestled in one of California's fastest-growing communities. Corona has been a strong participant in the Inland Empire's industrial boom making this development a perfect candidate in the industrial market. This development site has Interstate 15 to the west, Freeway 91 to the north, and Freeway 74 to the south ensuring seamless connectivity and accessibility to both the Inland Empire and Orange County.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100

Demographics

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
City
Population
Miles
Drive Time
Los Angeles
3,990,456
60
1 h 17 m
San Diego
1,425,976
81
1 h 33 m
Las Vegas
644,644
253
4 h 41 m
Phoenix
1,660,272
343
6 h 14 m
San Jose
1,030,119
387
7 h 21 m
San Francisco
883,305
434
8 h 5 m
Access and Labor Force
10 Miles
Total Population
372,556
Total Labor Force
189,281
Unemployment Rate
4.17%
Median Household Income
$106,939
Warehouse Employees
34,177
High School Education Or Higher
85.60%

Property Taxes

Property Taxes

Parcel Number
282-140-030
Land Assessment
$2,543,714
Improvements Assessment
$0
Total Assessment
$2,543,714
  • Listing ID: 31744601

  • Date on Market: 5/8/2024

  • Last Updated:

  • Address: 21950 Temescal Canyon Rd, Corona, CA 92883

Contact the Sale Advisor

21950 Temescal Canyon Rd - Fully Entitled & Pending Building Permits

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