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    920 N Palm Ave Hemet, CA 92543

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    For Sale
    $260,000

    Land parcel suitable for a small ranch or subdivision.

    Lot size:
    1.76 Acres

    Property Features for 920 N Palm Ave

    General Information

    Lot size
    1.76 Acres
    Source: Elliman

    Listing Agent: Diana Shirek

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

    Overview

    Land Parcel with Subdivision History

    This parcel of land, located in a country setting yet close to town, presents an interesting opportunity. It was previously mapped for a 5-house subdivision, although this plan was never finalized. The property includes the remnants of an old farmhouse, which burned down several years ago, with parts of the foundation still present.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hemet
    County
    Riverside
    State
    California
    Longitude
    -116.9794645
    Latitude
    33.7623317

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    FAQs

    What type of property is this?
    Land - Land parcel suitable for a small ranch or subdivision.
    Where is this land located?
    The property is located at 920 N Palm Ave Hemet, CA.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - Potential for small ranch.; - Previously mapped for a 5-house subdivision.; - Close to town, enjoy the convenience.
    (951) 306-6840
    Request Owner's contact information
    920 N Palm Ave Hemet, CA 92543
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    Hemet, CA 92543
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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
    920 N Palm Ave Hemet, CA 92543
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