Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1022 Prosperity Way Beaumont, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    449,590 SF warehouse with cross-dock loading and ESFR sprinkler.

    Type:INDUSTRIAL
    Property size:
    449,590 SF
    Lot size:
    26.65 Acres
    Added:
    Jan 28, 2025
    Days on Market:
    461
    Last Refresh:
    Apr 5 at 8:05 pm

    Property Features for 1022 Prosperity Way

    General Information

    Standard status
    Active
    Size
    449,590 SF
    Lot size
    26.65 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 1022 Prosperity Way Contact us

    We can help!

    Listing Contact
    Joey Sugar

    Listing agent Joey Sugar License #01325883

    Listing office CBRE

    Listing date Jan 28, 2025

    Source Moodyscre

    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 CBRE

    Overview

    Beaumont Warehouse with Freeway Visibility

    This 449,590 square foot warehouse is available for lease or sale as a build-to-suit opportunity within the Crossroads Logistics Center. The property features cross-dock loading, an ESFR sprinkler system with K-25 heads, and LED high bay lighting in the warehouse. It offers frontage and visibility along the 60 Freeway.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    • Beaumon storage facility — 1010 W 4th St, Beaumont, CA 92223
    • Amazon PSP 1 — W 4th St, Beaumont, CA 92223, United States
    • Life Storage - Beaumont — 859 Desert Lawn Dr, Beaumont, CA 92223
    • Storelocal Storage — 1020 Western Knolls Ave, Beaumont, CA 92223

    Map

    City
    Beaumont
    County
    Riverside
    State
    California
    Longitude
    -116.977
    Latitude
    33.9295

    Nearby Similar for Sale

    • $349,000
      1,440 SF

      Beaumont Commercial Space For Sale

      Move-in ready office space in revitalizing downtown Beaumont.
      163 E 6th Street, Beaumont, CA 92223
      View Details
    • $549,000
      1,000 SF

      Renovated Beaumont Home with Manufacturing Zoning

      Versatile, renovated home with manufacturing zoning on a spacious corner lot.
      395 W 4th, Beaumont, CA 92223
      View Details
    • $449,000
      2,897 SF

      Mixed-Use Property in Beaumont, CA

      Multi-use property with commercial space and apartments in Beaumont.
      167 E 6th Street, Beaumont, CA 92223
      View Details
    • $2,400,000
      7,089 SF

      Beaumont Multifamily Investment Opportunity

      Well-maintained 12-unit apartment complex in a high-growth area.
      677 Magnolia Avenue, Beaumont, CA 92223
      View Details
    • $573,000
      1,960 SF

      Beaumont Mixed-Use Commercial Opportunity

      Commercial property with residential farmhouse in downtown Beaumont, CA.
      559 Edgar Avenue, Beaumont, CA 92223
      View Details
    • $550,000
      2,081 SF

      Charming Beaumont Triplex For Sale

      1940s triplex in a quiet community near parks and I-10.
      770 Allegheny Avenue, Beaumont, CA 92223
      View Details
    • $625,000

      Beaumont Commercial Property For Sale

      Commercial property available for sale in Beaumont, California.
      963 Beaumont, Beaumont, CA 92223
      View Details
    • Contact for pricing
      17,330 SF

      Retail Building Available For Sale

      Retail building with 17,330 square feet available for purchase.
      894 Oak Valley Pkwy, Beaumont, CA 92223
      View Details
    • $550,000
      726 SF

      Retail Building on Corner Lot

      Stand-alone retail building on a busy, signalized corner lot.
      125 E 6th St, Beaumont, CA
      View Details
    • Contact for pricing
      158,112 SF

      Planned Industrial Building For Sale

      Planned 158,112 SF industrial building with freeway visibility.
      36711 Highway 60, Beaumont, CA 92223
      View Details
    • $395,000
      1,280 SF

      High Traffic Corner Lot

      Corner lot in a rapidly growing city with permitted uses.
      195 6th Street, Beaumont, CA 92223
      View Details
    • $950
      10,500 SF

      Retail or Office Space Available

      Turn-key retail or office space in America Town Center.
      1390 Street, Beaumont, CA 92223
      View Details

    FAQs

    What type of property is this?
    Warehouse - 449,590 SF warehouse with cross-dock loading and ESFR sprinkler.
    Where is this warehouse located?
    The property is located at 1022 Prosperity Way Beaumont, CA.
    What are key features of this property?
    This property features: Cross‑dock loading for efficient operations.; 60 Freeway frontage and visibility, a great location.; ESFR sprinkler system with K‑25 heads.
    (909) 418-2026 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Joey Sugar
    Real Estate License ID: 01325883
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    1022 Prosperity Way, Beaumont, CA

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!