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

    1257 E 6th Beaumont, CA 92223

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $310,000

    Vacant land with utilities in thriving Beaumont location.

    Type:Land
    Added:
    Feb 10, 2025
    Days on Market:
    414
    Last Refresh:
    Mar 16 at 3:37 pm

    Property Features for 1257 E 6th

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Linda Lou Pippenger

    Listing agent Linda Lou Pippenger License #CA

    Listing office Coldwell Banker Kivett-Teeters Associates Beaumont

    Listing date Feb 10, 2025

    Source Crexi

    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 Coldwell Banker Kivett-Teeters Associates Beaumont

    Overview

    Vacant Land on Busy Street

    This vacant parcel is located on a busy section of 6th Street in Beaumont, California, and offers frontage on Interstate 10. The property previously had a structure on it and currently has a water meter and electricity. The location provides access and exposure to high traffic.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Riverside
    State
    California
    Longitude
    -116.9640066
    Latitude
    33.9289005

    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
    • $13,991,450
      254,390 SF

      Beaumont Commercial Land For Sale

      5+ acre commercial land parcel in Beaumont, CA.
      249 Veile Avenue, Beaumont, CA 92223
      View Details
    • $525,000
      2,500 SF

      Downtown Beaumont Mixed-Use Opportunity

      Versatile commercial property in Beaumont's revitalizing downtown district.
      258 E 5th, 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
    • $225,000

      Beaumont Buildable Lot Opportunity

      Buildable lot in Beaumont near amenities and freeways.
      743 American Avenue, Beaumont, CA 92223
      View Details
    • $300,000

      Land Parcel in Beaumont, CA

      Land for sale in Beaumont, California.
      Veile Road, Beaumont, CA 92223
      View Details
    • $3,200,000

      80 Acres Developable Land Opportunity

      80 acres of developable land in Cherry Valley, Southern California.
      0 Golden valley lane, 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
    • $88,500

      Beaumont Land/Lot Opportunity

      Two side-by-side lots totaling 0.78 acres in Beaumont, CA.
      0 W 4th Street, Beaumont, CA 92223
      View Details
    • $349,000

      Downtown Beaumont Office Space

      Move-in ready office space in revitalizing downtown Beaumont.
      163 E 6th St, Beaumont, CA 92223
      View Details
    • $395,000

      High Traffic Corner Lot

      Corner lot in a rapidly growing city with multiple permitted uses.
      195 E 6th St, Beaumont, CA 92223
      View Details

    FAQs

    What type of property is this?
    Commercial land - Vacant land with utilities in thriving Beaumont location.
    Where is this commercial land located?
    The property is located at 1257 E 6th Beaumont, CA.
    What is the asking price?
    The asking price for this property is $310,000.
    What are key features of this property?
    This property features: High‑traffic location with frontage on Interstate 10.; Located on busy 6th Street in Beaumont.; Existing water meter.
    We can help!
    Listing Contact
    Linda Lou Pippenger
    Real Estate License ID: CA
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!