Corona, CA 92881,1508 Taber ST
Corona, CA 92881,1508 Taber ST
Corona, CA 92881,1508 Taber ST
6
$2,950,000
$3,100,000
4.8%
Est.Price: ?

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118,048 SqFt

1508 Taber ST Corona, CA 92881

Est. payment /mo
SOLD DATE : 01/11/2024

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Key Details

Sold Price $2,950,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Square Footage 118,048 sqft

Price per Sqft $24

Subdivision Other (Othr)

MLS Listing ID PW23142169

Sold Date 01/11/24

HOA Y/N No

Lot Size 2.710 Acres

Acres 2.71

Property Description

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.

Location

State CA

County Riverside

Area 248 - Corona

Zoning C2

Exterior

Community Features Suburban

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N 1

View Hills

Building

Lot Description Lot Over 40000 Sqft, Value In Land

Water Public

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Lease Land No

Confidential INFO

BAC 2.0

TERMS Cash,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW INSTRUCTIONS The property is currently operating as the Sunshine Nursery, please do not disturb the tenant. Contact agent for showing instructions.

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CRMLS Plus
Listed by Marcus & Millichap
Bought with Marcus & Millichap
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agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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