Sold

Closed

1508 Taber Street

Corona CA, 92881

$2,950,000


$24.99 per sqft

Sold

Closed

2.71 Acres

Land

Listed by Matthew Wenzel with Marcus & Millichap 714-875-2878

The subject property is a prime +-2.7 acre development site located at 1508 Taber Street in the city of Corona. Currently operating as the
Sunshine Growers Nursery this tenant is prepared to vacate the premises upon or shortly following a successful close of escrow. Composed of two adjacent parcels of land this site benefits from truly outstanding visibility along a very busy stretch of the I-15 freeway.

Zoning for this property is C-2 Restricted Commercial and the General Plan Land Use designation is CG General Commercial. General Commercial allows for a FAR of 0.5, setbacks are generally 10' and the height limitations are 3 stories with a maximum of 40'. Immediate neighbors include the Canyon Community Church of the Nazarene to the west, the Church of Latter-Day Saints to the southeast, and the 135-unit Estancia del Sol senior living community to the southwest. This site is bordered to the north by a larger retail center with tenants that include Dennys, In-n-Out Burger, LA Fitness, Walmart, Albertsons, CVS, Home Depot and Sams Club.

One of the primary benefits of this location is the excellent exposure provided along the I-15 freeway that has a daily car count of approximately 165,000 vehicles. The frontage of this site along Taber Street is approximately 422' and the site is directly across Taber Street from the southbound I-15 on-ramp at Ontario Avenue. Sites with great freeway visibility in largely built-out south Corona are very desirable assets and this site should be of great interest to any local developer.

PW23142169

MLS ID

August 1, 2023

Listed

August 30, 2024

Updated

Map

1508 Taber Street
Corona CA, 92881

Exterior/Building Features

Lot Size

2.71 Acres


Lot Features

Lot Over 40000 Sqft, Value In Land

Other Property Details

Area Name

248 - Corona


Days on Market

58


Garage

No


View

Yes


View Description

Hills


County

Riverside


Water Source

Public


Pool

No


Zoning

C2

Listing History

Date

Event

Price

1/12/2024

Price change

$2,950,000

-5%

1/12/2024

Sold

$2,950,000

9/28/2023

Under contract

Listing Contact: 562-257-1200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/30/2024 at 8:00 PM UTC

 

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