195 6Th StBeaumont, CA 92223

  • Retail properties
  • 1,000 SF
For Sale
$395,000 View listing

Property Details for 195 6Th St

Year built
1935
Lot size
0.29 AC
Property size (Sq ft)
1,000 SF
Zone code
M1
Property type
Retail properties
Property subtype
Retail space
APN
418-091-001
APU
418091001

Description

This 1,280 square foot mixed-use property, situated on a 0.29-acre corner lot at 195 6th Street in Beaumont, CA, presents a unique investment opportunity. Located on a main artery in the Beaumont/Banning area, this high-traffic location benefits from Beaumont's rapid growth

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $404,015
    6.5%
    $372,937
    7%
    $346,299
  • Comparable approach

    Method
    Valuation
    Relative Method
    $442,065
    Geo Method
    $886,964
  • Alternative Use

    Use
    Valuation
    Residential
    $314,587
    Hospitality
    $288,160
    Educational
    $239,745
    Medical
    $247,991
    Retail
    $372,937
195 6Th St, Beaumont, California

Location Insight

City
Beaumont
County
Riverside
State
California
Latitude
33.9291
Longitude
-116.98
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
$3,341
$104,040
$98,838
$202,878
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