E Parkridge

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E Parkridge

Corona, CA 92879
Asking Price
$369K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Parcel located within the growing city of Corona, California
  • Total land area measures 1.44 acres for potential development
  • Property is currently listed for sale at 369000 dollars
  • Site coordinates are situated at 33.8896, -117.5476 in the 92879 zip code
  • Land asset suitable for industrial or commercial business use cases

What's Special

Corona functions as a significant economic hub within the Inland Empire, benefiting from its strategic positioning near major regional transportation corridors. This 1.44-acre parcel on E Parkridge provides a clean slate for developers or investors looking to establish a footprint in this growing Southern California market. The site is positioned to support a variety of land-use applications, offering the flexibility required for industrial, commercial, or specialized development projects. Given the sustained demand for accessible real estate in the Riverside County area, this property presents a practical acquisition for those looking to capitalize on regional expansion trends. The site’s location allows for straightforward integration into the established infrastructure of the surrounding business community, making it a viable candidate for various site-specific business operations or long-term land holding strategies.

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NOI
$80,000
Cap Rate
21.68%
DSCR
3.65
Strong
Cash-on-Cash
52.48%
Monthly Payment
$1,825.611
Annual Cash Flow
$58,092.672

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