115 Veile Ave, Beaumont, CA 92223-2604
This exceptional Beaumont, CA property offers a unique investment opportunity encompassing 5.01 acres of clean, flat land zoned for retail trade, with potential for industrial and commercial uses. The property includes a comfortable 1,756 square foot, two-bedroom, two-bathroom home. The land is fully enclosed by block and chain link fencing, enhancing security and providing a defined perimeter. A high-yield well is currently producing over one million gallons of water per month, presenting significant potential for various uses. The sale includes parcels 417-150-025 and 417-150-023. Adding to the value, there are approximately four additional acres of flat land directly behind the main parcel that are available for inclusion in the sale, significantly expanding the development potential. The property's versatile zoning, substantial water resource, and ample land area make it ideal for a wide range of commercial ventures. The existing home provides immediate occupancy or potential for conversion or rental income. The APNs for the additional land are 417-020-009 and 417-210-004. This is a rare opportunity to acquire a large, versatile property in a growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RA · Beaumont, CABeaumont. Always verify with local authorities before improvements.
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.