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    OFF-MARKET
    Retail space

    115 Veile Ave, Beaumont, CA 92223-2604

    1,600 SF 2.01 ac lot Built 1977
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US09-2611103
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1977
    Construction WOOD
    Total area 1,600 SF
    Lot 2.01 ac (87,555 SF)
    Zoning code RA
    APN 417-150-025
    UPID US09-2611103
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Bender Ready Mix INC · 1 yrs held
    Bender Ready Mix INC
    since 2025
    Last sale
    $1.6M
    4 recorded transactions
    2025
    $1.6M
    2025
    $2.1M
    2005
    1969
    Zoning & alternative use
    RA · Beaumont, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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