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Investment Highlights

  • The property consists of approximately 2.36 acres across three rough-graded vacant parcels.
  • Zoning is M-1 (AHO), Light Manufacturing with an Affordable Housing Overlay in the City of Corona.
  • The property is conveniently located near established commercial and retail amenities.
  • The site offers prominent I-15 Freeway street frontage and strong regional visibility.
  • The Affordable Housing Overlay may allow residential or mixed-use development at 45–60 units per acre.

Executive Summary

The subject offering consists of ±2.36 acres of rough-graded vacant land comprised of three separate parcels at the northwest corner of El Sobrante Road and Circle City Drive in Corona, California. The property benefits from direct street frontage along the I-15 Freeway corridor and is positioned near major commercial and retail amenities.
The site is zoned M-1 (AHO), Light Manufacturing with an Affordable Housing Overlay, which may allow for a range of commercial, office, residential, or mixed-use development opportunities, subject to City of Corona requirements. The Affordable Housing Overlay provides for potential residential or mixed-use development at densities of approximately 45–60 units per acre, subject to affordability and other municipal code criteria.
The parcels are being offered for sale individually or collectively, providing flexibility for a variety of development strategies. Pricing is available upon request.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 2.36 AC
Zoning M-1 - Light Manufacturing, Affordable Housing Overlay Zone - City of Corona

1 Lot Available

Lot

Lot Size 2.36 AC

Approximately 2.36 acres consisting of three rough-graded vacant parcels with I-15 freeway frontage, located at the northwest corner of El Sobrante Road and Circle City Drive in Corona, California.

Description

This commercial land property is located at the northwest corner of El Sobrante Road and Circle City Drive in Corona, California, within a highly visible corridor along the I-15 Freeway. The property consists of three adjacent vacant parcels totaling approximately 2.36 acres that have been rough graded and are positioned to serve a variety of future development concepts. The site benefits from strong surrounding infrastructure and proximity to established commercial and retail amenities, as well as convenient access to regional transportation routes. Traffic exposure is enhanced by nearby arterial roadways and freeway visibility, contributing to the site’s overall development appeal. Zoned M-1 (AHO), Light Manufacturing with an Affordable Housing Overlay, the property may support industrial, office, residential, or mixed-use uses, subject to municipal approvals. The combination of zoning flexibility, freeway frontage, and infill location makes this property a compelling opportunity within the Corona market.

Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 111-290-021
  • 111-290-023
  • 111-290-022
Land Assessment
$481,354 CAD
Improvements Assessment
$0 CAD
Total Assessment
$481,354 CAD
  • Listing ID: 40338207

  • Date on Market: 2026-04-29

  • Last Updated:

  • Address: NWC El Sobrante Rd and Circle City Dr, Corona, CA 92879

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