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Investment Highlights

  • Excellent accessibility to major roadways supporting strong regional connectivity.
  • Development-ready parcel adaptable for commercial, mixed-use, or industrial projects.
  • Utility availability supports streamlined development timelines.
  • Surrounded by established businesses, neighborhoods, and essential services.
  • Significant growth potential within an emerging economic corridor.

Executive Summary

This land parcel presents an outstanding opportunity for developers and investors to capitalize on a versatile property in a rapidly developing area. With ample space for diverse uses, the lot offers flexibility for retail, office, light industrial, or mixed-use projects, enabling future owners to tailor the site to meet market demand. Its positioning ensures visibility and accessibility, with proximity to major thoroughfares and key amenities contributing to strong long-term value. Whether your vision is a single-use facility or a destination-wide project, this parcel is a blank canvas ready for execution. Utility access and surrounding infrastructure further enhance its appeal, creating a streamlined path from acquisition to development. Secure this site today and set the stage for any scale of project within a thriving growth corridor. The owner has plans he acquired from previous owner for small office & warehouse.

Property Facts In Escrow

Price $450,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 0.25 AC
Cross Streets Rincon
Zoning M1 - M1 - Light Industrical. See city of Corona's website under zoning for all uses.

1 Lot Available

Lot 10

Price $450,000
Price Per AC $1,800,000.00
Lot Size 0.25 AC

Incredible opportunity with the .25 Acre "Light Industrial" (*M1) vacant lot near the center of Corona! This property is flat and usable with all utilities at the street.

Description

The lot offers a rare chance to own a parcel situated within a dynamic region marked by sustained commercial and residential activity. This site is strategically positioned to leverage nearby transportation routes, established neighborhoods, and regional demand drivers. Suitable for various property uses ranging from retail and service-based businesses to office, medical, or light industrial operations, the parcel provides unrivaled adaptability for creative development strategies. Nearby amenities, commuter access, and business infrastructure further elevate the property’s functionality, ensuring convenience for future users or occupants. With the area poised for continued expansion, this property positions investors to capitalize on rising land values and development trends shaping the local economy. *** Current owner acquired upon his purchase the original full-size paper plans for a proposed office/Warehouse building that includes a full set of existing drawings for an office 1,165 square feet. Warehouse 3409.36 square feet. ***

Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
119-250-002
Land Assessment
$404,715
Improvements Assessment
$0
Total Assessment
$404,715
  • Listing ID: 34322263

  • Date on Market: 12/30/2024

  • Last Updated:

  • Address: 467 Cota St, Corona, CA 92878

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