521 Wellwood Ave Beaumont, CA 92223
- Manufacturing properties
- 5,204 SF
- 0.23 lot acres
Current Use by Public Records
- Pacific Alarm Services / Security System Supplier / Professional Services
- Absolute Cabinets Inc. / Contractor / Kitchen Remodeler
Property Details for 521 Wellwood Ave
- Year built
- 1961
- Construction
- WOOD
- Lot size
- 0.23 lot acres
- Property size
- 5,204 SF
- Zone code
- M1
- Property type
- Manufacturing properties
- APN
- 417-061-004
- APU
- 417061004
Description
This exceptional 6,250 square foot commercial property, located at 521 Wellwood Avenue in Beaumont, California, presents a unique investment opportunity. Strategically positioned near the intersection of the 10 and 60 freeways, this property boasts unparalleled accessibility and high visibility. The building itself comprises a spacious showroom, well-appointed office space, and a substantial warehouse area, perfectly suited for a range of business operations. Three restrooms are conveniently located throughout the building, ensuring employee and customer comfort. Two large roll-up doors provide easy access for loading and unloading, facilitating efficient operations. The property sits on a 0.23-acre lot, offering ample yard space easily accessible from the street. Currently operating as a cabinet sales, delivery, and manufacturing facility, this versatile space is adaptable to a multitude of uses, making it an ideal investment for entrepreneurs and businesses seeking a prime location with excellent infrastructure. The asking price is $999,888. This property offers a blend of functionality, accessibility, and location, making it a truly compelling investment opportunity in the thriving Beaumont market. The combination of freeway proximity, ample space, and versatile layout makes this a rare find. Don't miss the chance to own this exceptional commercial property.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $780,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $705,000
- 6.5%
- $680,000
- 7%
- $680,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $665,000
- Geo Method
- $735,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $770,000
- Retail
- $710,000
- Mixed-Use
- $635,000
- Hospitality
- $725,000
- Educational
- $670,000
- Residential Income
- $565,000
- Energy
- $585,000
- Income-Based Land
- $690,000
- Food Service
- $700,000
Location Insight
- Map
- Local Demand
- City
- Beaumont
- County
- Riverside
- State
- California
- Longitude
- -116.984
- Latitude
- 33.9302
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
