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Investment Highlights

  • The subject property presents one parcel totaling 2.33 acres in process for the development of an industrial warehouse building.
  • This lot is in close proximity to Interstate 15 allowing for fast and efficient on/off ramp access.
  • Lucrative opportunity to carry-out an entitlement for a 42,727 sqft warehouse building.
  • Located in an industrial hub its position alongside Temescal Canyon Rd receives around 131,116 cars in passing traffic volume.

Executive Summary

Hudge price reduction. Rare opportunity to acquire a fully entitled industrial land parcel in the heart of Corona’s rapidly expanding Temescal Canyon industrial corridor. Spanning approximately 2.33 acres, this flat and usable site is in the final stages of permitting for a ±42,727 SF warehouse project—significantly reducing development risk and time to market.
Positioned just minutes from Interstate 15 and the 91 Freeway, the property offers excellent logistics efficiency and regional connectivity. With over 130,000 vehicles passing daily along Temescal Canyon Road, the site also delivers exceptional visibility—an uncommon advantage for industrial assets.
Surrounded by established industrial users and ongoing growth, this property presents a compelling opportunity for developers, investors, or owner-users to capitalize on one of the Inland Empire’s strongest industrial markets.

Property Facts

Price $5,319,172 CAD
Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Warehouse
Total Lot Size 2.33 AC
Zoning M-SC - Manufacturing - Service Commercial in Corona

1 Lot Available

Lot 1

Price $5,319,172 CAD
Price Per AC $2,282,906.42 CAD
Lot Size 2.33 AC

Industrial warehouse entitlement has been completed. The corner of Temescal Canyon Rd and Leroy Rd offers one parcel totaling 2.33 acres in the process of obtaining the entitlement and building permit for a 42,727 sqft industrial warehouse.

Description

This prime development opportunity is nestled in one of the fastest-growing communities in California. Corona has been a strong participant to Inland Empire's industrial boom making this development a perfect candidate in the industrial market. This development site has Interstate 15 to the west, freeway 91 to the north and freeway 74 to the south ensuring seamless connectivity and accessibility to both the Inland Empire and Orange county.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
282-140-030
Land Assessment
$3,432,843 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,432,843 CAD
  • Listing ID: 31744601

  • Date on Market: 2024-05-08

  • Last Updated:

  • Address: 21950 Temescal Canyon Rd, Corona, CA 92883

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