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    1531 E Florida Ave Hemet, CA 92544

    For Sale
    $800,000

    Drive-thru restaurant for sale on Hemet's busiest street.

    Lot size:
    0.64 Acres

    Property Features for 1531 E Florida Ave

    General Information

    Lot size
    0.64 Acres

    Building Details

    Year built
    1987

    Source: Keller Williams - Downtown Agent Patrick Sharples

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

    Overview

    Hemet Drive-Thru Restaurant Opportunity

    This property offers an opportunity to purchase a drive-thru restaurant. The restaurant is located on the busiest street in Hemet, California, and is currently not operating. The location is near various employers and businesses, including Walgreens, Hemet Valley Medical Center, United States Postal Service, Oasis Valley Church, Big Lots, Bank of Hemet, and Wells Fargo. This property may suit a regional or national franchise looking to enter the market.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hemet
    County
    Riverside
    State
    California
    Longitude
    -116.9559519
    Latitude
    33.7470711

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    FAQs

    What type of property is this?
    Drive through restaurant - Drive-thru restaurant for sale on Hemet's busiest street.
    Where is this drive through restaurant located?
    The property is located at 1531 E Florida Ave Hemet, CA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Drive-thru restaurant on the busiest street in Hemet, CA.; - Excellent opportunity for a regional or national franchise.; - Tremendous upside potential.
    (213) 221-7579
    Request Owner's contact information
    1531 E Florida Ave Hemet, CA 92544
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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
    1531 E Florida Ave Hemet, CA 92544
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