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Retail Space with Detached Storage
For Sale
$499,900

10043 Beaumont Avenue, Cherry Valley, CA 92223

Commercial Sale, Cherry Valley, CA

Property Size1,188 SF
Price / SF$420.79
Days on Market176

Property Features for 10043 Beaumont Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1/C-P
Fencing Chain Link
Directions Beaumont Ave between Orchard St and Vineland St
Subdivision 263 - Banning/Beaumont/Cherry Valley
Standard status Active
APN 403280013

Utilities

Cooling system Central Air

Amenities

recently remodeled bathroom
fully fenced lot

Building Details

Year built 1956
Listing Agency: RE/MAX ADVANTAGE · RE/MAX International
Listed By: Dennis Miller · License #00813207
Added: Apr 17 Changed: Oct 8 Last Checked: Oct 9 at 7:06AM
MLS# IG26081007

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail property includes an approximately 868-square-foot main building and a separate 320-square-foot storage structure. The primary building supports retail or office use and includes a recently remodeled bathroom. Central air conditioning serves the main structure, while the parcel is enclosed with chain-link fencing.

Located at 10043 Beaumont Avenue in Cherry Valley, California, the property is identified as C-1/C-P zoning. The improvements date to 1956 and combine an enclosed commercial building with additional storage and outdoor space. The detached structure and fenced site provide distinct areas for business operations, storage, or parking-related needs.

Key Highlights

  • Approximately 868‑square‑foot main building
  • 320‑square‑foot detached storage structure
  • C‑1/C‑P zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,665
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,300 $373.3K
Cap Rate 7%
$266,643 $266.6K
Cap Rate 9%
$207,389 $207.4K
Market Conditions
NOI Build-Up for 1,188 SF
Gross rent
$27.2K $22.92/SF
− Vacancy
−$2.3K −$1.97/SF
EGI
$24.9K $20.95/SF
− OpEx
−$6.2K −$5.24/SF
NOI
$18.7K $15.71/SF
Area
Riverside County, CA
Vacancy
8.60%
Lease Rate
$22.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,300
Cap Rate 7%
$266,643
Cap Rate 9%
$207,389

Alternative Uses

Best Use
Office B
$266.6K
$233.3K – $311.1K (±1% cap)
NOI $18,665 @ 7.0% cap · market cap 3.73%
Second Best
Retail
$243.3K
$212.9K – $283.8K (±1% cap)
NOI $17,029 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$355.9K
$311.4K – $415.2K (±1% cap)
NOI $24,913 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Dental Office Restaurant Big Box & Wholesale Store Real Estate Agency HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

140
Businesses Nearby

Demographics for 92223, CA

59,924
Population
20,579
Households
2.9
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
45.0 sq mi
ZIP Area
1,332
Density / Sq Mi
$100,462
Median Household Income
$50,162
Median Earnings
$1,496
Median Rent
$458,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail or office configuration with a remodeled bathroom, central air, and a fully fenced lot.
Where is this retail space located?
The property is located at 10043 Beaumont Avenue Cherry Valley, CA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Approximately 868‑square‑foot main building; 320‑square‑foot detached storage structure; C‑1/C‑P zoning
More about this property
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