1475 Sampson AveCorona, CA 92879

Property Details for 1475 Sampson Ave

Lot size

7.42 AC

Property type

Office buildings

APN

000-224-211

APU

224211

Description

This exceptional 40,500-square-foot warehouse, located at 1475 Sampson Avenue in Corona, California, presents a significant opportunity for businesses seeking a substantial industrial space. Situated on a generous 4.96-acre lot, this single-tenant property boasts ample room for operations and expansion. The warehouse features two dock-high doors and three drive-in doors, ensuring efficient loading and unloading of goods. With 111 total parking spaces available, accommodating employees and visitors is effortless. The property is zoned M3 and is powered by a robust 800-amp, 277/480-volt electrical system, expandable to meet growing needs. The entire 40,500 square feet is currently vacant and ready for immediate occupancy. Its location in Riverside County, with a Corona zip code of 92879, offers excellent access to major transportation arteries, making logistics and distribution seamless. This property is perfect for a variety of industrial uses and represents a rare opportunity to secure a large, well-equipped warehouse in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $88,832,552

  6.5%

  $81,999,280

  7%

  $76,142,192

• Comparable approach

  Method

  Valuation

  Relative Method

  $56,699,184

  Geo Method

  $113,761,984

• Alternative Use

  Use

  Valuation

  Residential

  $101,679,104

  Hospitality

  $93,137,512

  Educational

  $77,489,320

  Medical

  $80,154,296

  Retail

  $120,538,944

Location Insight

City

Corona

County

Riverside

State

California

Latitude

33.8788

Longitude

-117.539

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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