1228 Sherborn StCorona, CA 92879

  • Industrial properties
  • 63,066 SF
For Lease

Property Details for 1228 Sherborn St

Year built
2004
Construction
TILT-UP CONCRETE
Lot size
3.61 AC
Property size (Sq ft)
63,066 SF
Zone code
M3
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
107-070-070
APU
107070070

Description

This exceptional 68,394-square-foot freestanding industrial warehouse is situated on a generous 53-acre lot in Corona, California. The property boasts a single-tenant occupancy, presenting a significant opportunity for businesses seeking expansive space. The building features a two-story design with impressive 28-foot ceiling heights, providing ample vertical storage capacity. Access is facilitated by six dock-high doors and four drive-in doors, ensuring efficient loading and unloading operations. Ample parking is available on-site to accommodate employees and visitors. The warehouse is powered by a robust 2,000-amp, 277/480-volt electrical system, capable of supporting a wide range of industrial applications. Located in Riverside County, with the address 1228 Sherborn St, Corona, CA 92879, this property offers easy access to major transportation arteries, making it an ideal location for distribution and logistics operations. The entire 68,394 square feet is currently vacant, providing immediate occupancy for a new tenant. This is a rare opportunity to acquire a substantial industrial property in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $19,839,718
    Hospitality
    $18,173,076
    Educational
    $15,119,785
    Medical
    $15,639,778
    Retail
    $23,519,666
1228 Sherborn St, Corona, California

Location Insight

City
Corona
County
Riverside
State
California
Latitude
33.8665
Longitude
-117.535
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$97,282
$1,706,743
$6,826,975
$8,533,718
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