11221 Spanish Hills

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11221 Spanish Hills

Corona, CA 92883
Asking Price
$395K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Five-acre land parcel located in Corona, California
  • Available for sale at an asking price of 395000 dollars
  • Positioned within the growing 92883 suburban market
  • Suitable for developers or investors looking for land assets
  • Located in the broader Riverside County region

What's Special

This 5-acre land parcel in Corona, California, is available for sale, presenting a straightforward acquisition for developers or investors seeking a versatile site in the Inland Empire. Positioned within a growing suburban landscape, this property provides a foundation for future development projects that require significant acreage. The surrounding region of Riverside County continues to attract diverse commercial and residential interests due to its strategic access to major transportation corridors and proximity to the broader Southern California economic hub. Buyers focused on long-term land banking or specific project development will find the scale of this site accommodating for various construction plans. Its location in the 92883 zip code places it within a market characterized by steady expansion and evolving infrastructure needs. This offering provides a clear path for those aiming to secure land assets in a well-connected suburban environment.

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NOI
$80,000
Cap Rate
20.25%
DSCR
3.41
Strong
Cash-on-Cash
47.72%
Monthly Payment
$1,954.244
Annual Cash Flow
$56,549.066

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