2815 Main StCorona, CA 92882

Property Details for 2815 Main St

Year built

2010

Construction

TILT-UP CONCRETE

Lot size

1.33 AC

Property size (Sq ft)

15,809 SF

Zone code

A

Property type

Medical offices

Property subtype

Medical centers

APN

113-340-079

APU

113340079

Description

This exceptional 2,714 square foot medical office space is situated within the Corona Medical Arts Plaza, a Class B building constructed in 2010. The single-tenant property, zoned R1, sits on a 4.61-acre lot at 2815 S Main St, Corona, CA 92882, in Riverside County (APN 113-340-079). The two-story building features a total of 40 parking spaces, providing a convenient 2.62 parking ratio. This former physical therapy office offers immediate occupancy potential with 2,714 square feet of readily available space. Its strategic location near the I-15 Freeway and Magnolia Avenue Interchange ensures easy access for patients and staff. The property benefits from its proximity to the Corona Regional Medical Center, a significant 238-bed hospital. The convenient location also offers nearby dining options. While the property previously had a lease in place, this listing presents an opportunity for a new tenant to establish their practice in a well-established medical environment. The property's features and location make it an ideal space for a variety of medical practices. Note that pricing and availability are subject to change.

• CAP approach

  CAP return

  Valuation

  6%

  $4,344,952

  6.5%

  $4,010,726

  7%

  $3,724,245

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,773,254

  Geo Method

  $5,564,294

• Alternative Use

  Use

  Valuation

  Residential

  $4,973,300

  Hospitality

  $4,555,516

  Educational

  $3,790,136

  Medical

  $3,920,484

  Retail

  $5,895,766

Location Insight

City

Corona

County

Riverside

State

California

Latitude

33.8474

Longitude

-117.57

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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