555 Pennsylvania Ave Beaumont, CA 92223
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.