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    35291 State Highway 74 Hemet, CA 92545

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    For Sale
    $1,400,000

    Investment property in growing area, currently leased to piping company.

    Lot size:
    0.64 Acres

    Property Features for 35291 State Highway 74

    General Information

    Lot size
    0.64 Acres

    Building Details

    Year built
    1966

    Source: Assist2Sell Buyer and Sellers Agent Alan Wallace

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hemet Investment Property For Sale

    This investment property is located in a growing area on a busy road in west Hemet. Currently, the property is leased to an international piping supply company. The property is suitable for a variety of uses. The seller may consider financing with a strong down payment.
    Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    SANTIAGO PALM VISTA

    Location Insight

    • Map
    • Local Demand
    City
    Hemet
    County
    Riverside
    State
    California
    Longitude
    -117.04454
    Latitude
    33.743298

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    FAQs

    What type of property is this?
    Warehouse - Investment property in growing area, currently leased to piping company.
    Where is this warehouse located?
    The property is located at 35291 State Highway 74 Hemet, CA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Leased to international piping supply company, providing immediate income.; - Located on a busy road in a growth area of west Hemet.; - Great investment property.
    (951) 834-2640
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    Hemet, CA 92545
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    35291 State Highway 74 Hemet, CA 92545
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