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
November 22, 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 11/22/2024. 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.
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Data last updated on 11/22/2024 at 4:00 PM UTC