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1140 Beaumont Ave Beaumont, CA 92223-1829

OFF-MARKET Retail space Google Maps
4,500 SF 0.28 ac lot Built 2007
Individually Owned 4-yr Hold Absentee Owner
Estimated value (blended)
$2.25M
Range $2.03M – $2.48M (±10%)
Property ID US09-1371518

Property summary

AI-generated overview

This exceptional mixed-use property, located at 1140 Beaumont Avenue in Beaumont, California, presents a compelling investment opportunity. The 5,040 square foot building comprises five separately leased units, generating immediate and consistent income. The property sits on a sizable 0.28-acre lot, providing ample parking for tenants and visitors. Its strategic location offers unparalleled convenience, with easy access to major freeways, ensuring excellent accessibility for both businesses and customers. The surrounding area boasts a vibrant mix of shopping centers, diverse restaurants, and convenient public transportation options, enhancing the property's appeal and potential for future growth. The existing leases provide a stable foundation for immediate return on investment, while the property's prime location and versatile design offer significant long-term potential for appreciation. This is a rare opportunity to acquire a well-established, income-producing mixed-use building in a thriving California market. The property's size and location make it ideal for a variety of uses, offering flexibility for future expansion or adaptation to changing market demands. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Construction TILT-UP CONCRETE
Total area 4,500 SF
Lot 0.28 ac (12,196 SF)
Zoning code C1
APN 415-172-030
UPID US09-1371518

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Hair Salon
  • Law Firm
  • Restaurant
  • Alternative Medicine Practice Spa & Massage Center

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.02M
Blend (final) Blend
$2.25M

Owner & transaction history

since 2022
Last sale
$2.1M
7 recorded transactions
2022
$2.1M
2022
Price N/A
2004
Price N/A
1994
Price N/A
1990
$110,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Beaumont, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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