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    115 Veile Ave Beaumont, CA 92223

    Sponsored
    For Sale
    $13,000,000

    Five Acres, Retail Zoning, High-Yield Well

    Property size:
    1,756 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Beaumont, CA property offers a unique investment opportunity encompassing 5.01 acres of clean, flat land zoned for retail trade, with potential for industrial and commercial uses. The property includes a comfortable 1,756 square foot, two-bedroom, two-bathroom home. The land is fully enclosed by block and chain link fencing, enhancing security and providing a defined perimeter. A high-yield well is currently producing over one million gallons of water per month, presenting significant potential for various uses. The sale includes parcels 417-150-025 and 417-150-023. Adding to the value, there are approximately four additional acres of flat land directly behind the main parcel that are available for inclusion in the sale, significantly expanding the development potential. The property's versatile zoning, substantial water resource, and ample land area make it ideal for a wide range of commercial ventures. The existing home provides immediate occupancy or potential for conversion or rental income. The APNs for the additional land are 417-020-009 and 417-210-004. This is a rare opportunity to acquire a large, versatile property in a growing area.

    Property Features for 115 Veile Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,756 SF
    Lot Size
    218,236 SF

    Building Details

    Year Built
    1977
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Riverside
    State
    California
    Longitude
    -116.9887
    Latitude
    33.92202

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    FAQs

    What type of property is this?
    Commercial real estate - Five Acres, Retail Zoning, High-Yield Well
    Where is this commercial real estate located?
    The property is located at 115 Veile Ave Beaumont, CA.
    What is the asking price?
    The asking price for this property is $13,000,000.
    (909) 797-4133
    Request Owner's contact information
    115 Veile Ave Beaumont, CA 92223
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    Beaumont, CA 92223
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 Veile Ave Beaumont, CA 92223
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