0 1St St Beaumont, CA 92223
This exceptional 11.7-acre commercial land parcel presents a remarkable investment opportunity in Beaumont, California. Located in the thriving Beaumont Central Business District, this property boasts a highly desirable CC (Commercial Community) zoning designation, allowing for a wide range of development possibilities. The expansive lot size provides ample space for a variety of commercial ventures, making it ideal for retail development or other commercial uses. The asking price is $10,000,000. The property's strategic location within the city's central business district offers unparalleled visibility and accessibility, with significant foot traffic and vehicular access. The area is anchored by major national retailers, including The Home Depot, Best Buy, Walmart Supercenter, Hobby Lobby, Rite Aid, and Big Five, creating a strong retail environment and attracting a substantial customer base. The property's APN is 419-260-055. Beaumont is experiencing rapid growth, currently ranked as the second fastest-growing city in California, making this a particularly attractive investment opportunity with significant long-term potential for appreciation. The address is E 1st St, Beaumont, CA 92223, in Riverside County. This property is situated at latitude 33.9217674 and longitude -116.9638773. Don't miss this chance to acquire a prime piece of commercial real estate in one of California's fastest-growing cities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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