1275 Railroad St, Corona, CA 92882
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1275 Railroad St Corona, CA 92882

$4,500,000 Sold Price as of 07/30/2021
  • -- Beds
  • -- Baths
  • 30,000 Sq.Ft.
Sold
$4,500,000 Sold Price as of 07/30/2021 Refinance Your Mortgage

Map preview of 1275 Railroad St, Corona, CA 92882

Property Overview: 1275 Railroad St Corona, CA has -- bedrooms, -- bathrooms, 30,000 living square feet and 135,036 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fully Fenced Secured Yard, Major street frontage, Railroad St., 5 ground level roll up doors, Centrally Located in the city of Corona, Close proximity to I-91 & 1-15.

Listed by RENE RAMOS JR | BRE #01836872 | KW Commercial Inland Empire
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 65

Home details

Lot Sq. Ft
135,036
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Industrial
Status
Sold
MLS#
EV21003005
City
Corona
County
Riverside
Time on Site
1215 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1275 Railroad St

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 118060006
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Streets of N. Smith Ave and Railroad
View more facts & features

Local Corona Agent

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Sale History for 1275 Railroad St

Last sold for $4,500,000 on July 30th, 2021
  • September, 2021

  • Sep 1, 2021

    Date

    Sold

    CRMLS: EV21003005

    $4,500,000

    Price

  • Mar 12, 2021

    Date

    Pending

    CRMLS: EV21003005

    $4,500,000

    Price

  • Jan 6, 2021

    Date

    Active

    CRMLS: EV21003005

    $4,500,000

    Price

  • December, 2020

  • Dec 9, 2020

    Date

    Expired

    CRMLS: SW20008310

    $8,000,000

    Price

  • Jun 10, 2020

    Date

    Price Change

    CRMLS: SW20008310

    $8,000,000

    Price

  • Jan 13, 2020

    Date

    Active

    CRMLS: SW20008310

    $8,500,000

    Price

  • Listing provided courtesy of CRMLS

    This business consists of the largest parts Recreational inventory in the Nation! In addition to the parts inventory, the business does RV Repairs. In fact, the staff works on 40+ coaches at any time. The repairs consist of all mechanical issues including Engine, drive train and electrical to body repair and painting. The business does Insurance claims, repairs, and warranty work. There are approximately 60 coaches in storage with 24-hour access and a dump station. The owner will stay on for 3-6 months to train the new owner. All employees will remain permanently to continue all functions of the business. In addition, the owner will sell the 3.1 acre, 30,000 square foot building with the purchase of the business. (Please refer to the commercial property listing # SW20008254)

  • December, 2020

  • Dec 9, 2020

    Date

    Expired

    CRMLS: SW20111608

    $5,500,000

    Price

  • Jun 10, 2020

    Date

    Active

    CRMLS: SW20111608

    $5,500,000

    Price

  • Listing provided courtesy of CRMLS

    This is a you don’t want to miss! Located in the heart of Corona’s business district. 3.1 acres zoned M1 and a 30,000 +/- Sq Ft Building. This property is aggressively priced and the Owner will carry the financing at a very reasonable interest. This property will be sold in with the 2 businesses currently being operated on the property. The 2 separate long-term businesses are currently yielding an income of 1.2 M (net =/- 550K/ Year) The business includes +/- 25,000,000 of Recreational Vehicle parts and accessories which are being sold for 30% of the wholesale value. Income includes A) Selling newly manufactured parts B) Selling current inventory parts for older model coaches. C) Repairing and painting RV Coaches. D) Storage of RV’s. The inventory consists of hard to find parts for older models. These parts are said to be the largest compilation of RV parts in the nation. With some ingenuity and internet skills this inventory could become the “Rock Auto” of online part sales for the RV Business. The current income includes almost no income from the internet. (Please refer to the Business listing MLS# SW20008310) Contact the listing agent for additional exciting details!

  • June, 2020

  • Jun 9, 2020

    Date

    Expired

    CRMLS: SW20008254

    $5,500,000

    Price

  • Jan 15, 2020

    Date

    Price Change

    CRMLS: SW20008254

    $5,500,000

    Price

  • Jan 13, 2020

    Date

    Active

    CRMLS: SW20008254

    $8,500,000

    Price

  • Listing provided courtesy of CRMLS

    This is a business opportunity you don’t want to miss! There are 2 separate long-term businesses which are currently yielding an income of 1.2 M (net +/- 550K/ Year) The business includes +/- 25,000,000 of Recreational Vehicle parts and accessories which is included in the purchase price at 25% of the wholesale value. Income includes the following: A) Selling newly manufactured parts. B) Selling current inventory parts for newer and older model coaches. C) Repairing and painting RV Coaches. D) Storage of RV’s. Part of the inventory consists of hard to find parts for older models. These parts are said to be the largest compilation of RV parts in the nation. With some ingenuity and internet skills this inventory could become the “Rock Auto” of online parts sales for the RV Business. The current income includes almost no income from the internet. Owner will carry the financing at a very reasonable interest on the Business The business is located on a 3.1 acre lot which has a +/- 30,000 sq ft building. The seller will sell the property with the sale of the business. (Please refer to the commercial property listing # The seller will also carry the financing on the property. Please contact listing agent for additional information.

  • January, 2020

  • Jan 1, 2020

    Date

    Expired

    CRMLS: SW19152045

    $5,500,000

    Price

  • Jul 7, 2019

    Date

    Active

    CRMLS: SW19152045

    $5,500,000

    Price

  • Listing provided courtesy of CRMLS

    This is a you don’t want to miss! Located in the heart of Corona’s business district. 3.1 acres zoned M1 and a 30,000 +/- Sq Ft Building. This property is aggressively priced and the Owner will carry the financing at a very reasonable interest. This property will be sold in conjunction with the 2 businesses currently being operated on the property. The 2 separate long-term businesses are currently yielding an income of 1.2 M (net =/- 550K/ Year) The business includes +/- 40,000,000 of Recreational Vehicle parts and accessories which are being sold for 25% of the wholesale value. Income includes A) Selling newly manufactured parts B) Selling current inventory parts for older model coaches. C) Repairing and painting RV Coaches. D) Storage of RV’s. The inventory consists of hard to find parts for older models. These parts are said to be the largest compilation of RV parts in the nation. With some ingenuity and internet skills this inventory could become the “Rock Auto” of online part sales for the RV Business. The current income includes almost no income from the internet. (Please refer to the Business listing MLS# SW19159738) Contact the listing agent for additional exciting details!

  • January, 2020

  • Jan 1, 2020

    Date

    Expired

    CRMLS: SW19159738

    $9,500,000

    Price

  • Aug 21, 2019

    Date

    Price Change

    CRMLS: SW19159738

    $9,500,000

    Price

  • Jul 7, 2019

    Date

    Active

    CRMLS: SW19159738

    $15,000,000

    Price

  • Listing provided courtesy of CRMLS

    This is a business opportunity you don’t want to miss! Owner will carry the financing at a very reasonable interest on the Business. There are 2 separate long-term businesses which are currently yielding an income of 1.2 M (net +/- 550K/ Year) The business includes +/- 40,000,000 of Recreational Vehicle parts and accessories which is included in the purchase price at 25% of the wholesale value. Income includes the following: A) Selling newly manufactured parts. B) Selling current inventory parts for newer and older model coaches. C) Repairing and painting RV Coaches. D) Storage of RV’s. Part of the inventory consists of hard to find parts for older models. These parts are said to be the largest compilation of RV parts in the nation. With some ingenuity and internet skills this inventory could become the “Rock Auto” of online parts sales for the RV Business. The current income includes almost no income from the internet. The business is located on a 3.1 acre lot which has a +/- 30,000 sq ft building. The seller will sell the property with the sale of the business. (Please refer to the commercial property listing # SW19152045) The seller will also carry the financing on the property. Please contact listing agent for additional information.

  • June, 2019

  • Jun 23, 2019

    Date

    Expired

    CRMLS: CV18159142

    $4,000,000

    Price

  • Jan 28, 2019

    Date

    Price Change

    CRMLS: CV18159142

    $4,000,000

    Price

  • Dec 10, 2018

    Date

    Price Change

    CRMLS: CV18159142

    $5,000,000

    Price

  • Jul 3, 2018

    Date

    Active

    CRMLS: CV18159142

    $10,000,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity knocks!! Both land and building are being offered which includes a 3.1 acre parcel in an excellent industrial location of CORONA , and the +/- 30,000 sqft building (see MLS CV18092619). Asking Price includes the Business Opp, ie; Two separate long term businesses yielding monthly income of +/- $100k (1.2m/year). Income streams include: a) Selling newly manufactured parts, b) Selling parts for older model coaches, c) Repairing used and building new RV coaches, and d) RV Storage. The hard to find older model parts inventory is said to be the largest compilation of such RV parts in the Nation, (+/- 10M parts). Please call listing agent for additional information. May be ideal as a family owned business.

  • June, 2019

  • Jun 23, 2019

    Date

    Expired

    CRMLS: CV18092619

    $5,500,000

    Price

  • Mar 7, 2019

    Date

    Price Change

    CRMLS: CV18092619

    $5,500,000

    Price

  • Jul 3, 2018

    Date

    Price Change

    CRMLS: CV18092619

    $5,000,000

    Price

  • Apr 22, 2018

    Date

    Active

    CRMLS: CV18092619

    $15,000,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity knocks!! Both land and building are being offered which includes a 3.1 acre parcel in an excellent industrial location of CORONA, and the +/- 30,000 sqft building. Property to be sold with onsite businesses (see MLS #CV18159142), ie; Two separate long term businesses yielding monthly income of +/- $1.2m (Net +/- 550k/year). Income streams include: a) Selling newly manufactured parts, b) Selling parts for older model coaches, c) Repairing RV coaches, and d) Storage of RV's. The hard to find older model parts inventory is said to be the largest compilation of such RV parts in the Nation, (+/- 10M parts). Please call listing agent for additional information. Ideal for family owned biz.

  • November, 2016

  • Nov 10, 2016

    Date

    Sold (Public Records)

    Public Records

    $2,900,000

    Price

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Tax History for 1275 Railroad St

Assessed Value (2020): $3,077,502
Year Land Value Improved Value Assessed Value
2020 $1,719,156 $1,358,346 $3,077,502

Home Value Compared to the Market

This property vs the competition

1275 Railroad St sold on July 30, 2021 for 484.42% higher than the current median sold price for the city of Corona which is $770,000. The median sold price per/sqft for Corona is $371 and this home is sold at $150 per/sqft which puts the price per square foot 59.57% lower than the current median sale per square foot for the city of Corona.

About 1275 Railroad St

Detailed summary of property

1275 Railroad St is a industrial that recently sold in Corona, CA 92882. This industrial property offered -- bedrooms, -- bathrooms, roughly 30,000 living square feet, and sits on an approximately 135,036 square foot lot. 1275 Railroad St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $4,500,000. Home in Corona are selling for a median price of $770,000 and a median price per square foot of $371. Based on Ardent Real Estate Group's Corona Market Data, this home is sold 484.42% higher than the current median priced home. Local homes that are currently for sale include 4754 Floral Dr and 1500 W Pacific Coast. While the average home in Corona, CA is selling in 54 days, 1275 Railroad St has a days on market of 65 days. There are currently 462 homes for sale in the Corona real estate market and 364 of them are single family homes while 90 of them are condos and 8 are townhomes. For more information on this home for sale at 1275 Railroad St Corona, CA 92882 contact Ardent Real Estate Group and we will put you in touch with one of our Corona agents.

Public Facts for 1275 Railroad St

Public county record property details
Beds
--
Baths
--
Year built
1971
Sq. Ft.
--
Lot Size
135,036
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
7
APN
118-060-006

The source for these homes facts are from public records.

92882 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$779,000
Median List Price/Sq.Ft.
$443
Median Sold Price
$770,000
Median Sold Price/Sq.Ft.
$416
Total Inventory
94
Median Sale to List Price %
102.67%
Avg Days on Market
21
Loan Type
Conventional (62.86%), FHA (5.71%), VA (11.43%), Cash (8.57%), Other (11.43%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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, 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.