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Property profile & analytics
OFF-MARKET
Land

555 Pennsylvania Ave Beaumont, CA 92223

1.33 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.33-acre commercial land parcel in Beaumont, California (APN: 418-122-021 & 418-160-006), presents a unique development opportunity. Zoned for Sixth Street Mixed Use, the property boasts pre-approved Conditional Use Permits (CUPs) for a comprehensive development plan. This includes a 3,400 sq. ft. convenience store with beer and wine sales, a 1,292 sq. ft. Quick Service Restaurant (QSR), and an 85-foot express car wash. Strategically located adjacent to the I-10 Freeway and directly across from the Pennsylvania Avenue exit in Riverside County, 92223 (555 Pennsylvania Ave), this site offers unparalleled visibility and accessibility, ensuring high traffic volume and significant potential for return on investment. The asking price is $2,500,000 and the sale is structured to accommodate a 1031 exchange. This rare opportunity is ideal for developers seeking a high-traffic, freeway-adjacent location with existing entitlements. The property's prime location and approved plans minimize development hurdles, maximizing the potential for a swift and profitable project.

Property profile
Verified
Property type Land
Lot 1.33 ac (57,935 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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