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Property profile & analytics

521 Wellwood Ave Beaumont, CA 92223

  • Manufacturing properties
  • 5,204 SF
  • 0.23 lot acres
For Sale
Last Sale
Jan 17, 2023
$715,000
Value Estimations
Cap Rate Potential
5.5%
Manufacturing properties
Location Intelligence
Property ID
US09-2243849
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Pacific Alarm Services / Security System Supplier / Professional Services
  • Absolute Cabinets Inc. / Kitchen Remodeler / Cabinet Maker

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 Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $780,000
    ML approach
    $745,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $710,000
    6.5%
    $655,000
    7%
    $610,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,293,000
    Market price range: $815k - $1.70M
    AI Estimate
    $590,000
    Market price range: $246k - $783k
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $1,160,000
    Current use

Get a detailed, property-specific valuation — fast and free


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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,530
$218,790
$510,510
$729,300
-
$0.00
$0.00
$0.00
More about this property
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