195 6th Street, Beaumont, CA 92223
Corner lot in a rapidly growing city with permitted uses.
- Added:
- Jul 4, 2022
- Days on Market:
- 1439
- Last Refresh:
- May 12 at 9:10 pm
Property Features for 195 6th Street
General Information
- Standard status
- Active
- Size
- 1,280 SF
- Property subtype
- Mixed Use
Listing agent Gary Tatar
Listing office DRE #01189000 (909) 240-6183
Listing date Jul 4, 2022
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of DRE #01189000
HighLights
- Price Reduced by $100,000, now offered at $395,000!
- High Traffic Corner Lot on 6th St, a main artery.
- Located in Beaumont: the Fastest Growing City in Riverside County & 2nd Fastest in California.
- Extensive List of Permitted Uses including Food/Beverage, Retail, and Services.
- Multiple‑Family Fast‑Food Restaurants Permitted.
- Features 3 Guest Facilities.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.3k | $22.92 |
| − Vacancy | −$2.5k | −$1.97 |
| EGI | $26.8k | $20.95 |
| − OpEx | −$6.7k | −$5.24 |
| NOI | $20.1k | $15.71 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Beaumont
- County
- Riverside
- State
- California
- Longitude
- -116.9802709
- Latitude
- 33.9291732
