Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    41267 E Florida Ave Hemet, CA 92544

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $499,900

    High-visibility corner lot with flexible use potential in Hemet.

    Type:Commercial
    Property size:
    826 SF
    Lot size:
    0.62 Acres
    Price / SF:
    $605/SF
    Added:
    Apr 24, 2026
    Days on Market:
    9
    Last Refresh:
    Apr 24 at 4:07 pm

    Property Features for 41267 E Florida Ave

    General Information

    Standard status
    Active
    Size
    826 SF
    Lot size
    0.62 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1935

    We can help!

    Listing Contact
    David Limon

    Listing agent David Limon License #00908480

    Listing office Your Home Selling Pros

    Listing date Apr 24, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of Your Home Selling Pros

    Overview

    Corner Commercial Property For Sale

    This commercial property, zoned CPS, presents an opportunity for an owner-user or investor. Located on a corner lot, the property offers street presence and flexible use potential. The 826 sq ft building includes an open workspace, two private offices, a bathroom, and a kitchenette, making it suitable for professional or service-oriented uses. The property consists of two parcels totaling 27,006 sq ft, providing land size for expansion, additional parking, or future development. Currently rented month-to-month, it offers immediate income with a 7.14% cap rate and can be delivered vacant at close for an owner-user or repositioning opportunity. The bike score is 39, indicating it is somewhat bikeable, and the walk score is 32, indicating car-dependent accessibility.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hemet
    County
    Riverside
    State
    California
    Longitude
    -116.940974
    Latitude
    33.7474311

    Nearby Similar for Sale

    • $300,000

      Established Restaurant Business Opportunity

      Restaurant business with high-traffic location and established brand recognition.
      41831 E Florida Avenue, Hemet, CA 92544
      View Details
    • $836,000
      4,800 SF

      Hemet Commercial Property For Sale

      Commercial property in a prime location with immediate rental income.
      280 N San Jacinto Street, Hemet, CA 92543
      View Details
    • $998,000
      4,138 SF

      Updated Hemet Quadruplex Investment Opportunity

      Updated quadruplex with strong investment potential in a growing market.
      962 Monarch, Hemet, CA 92543
      View Details
    • $2,085,000
      7,689 SF

      Hemet Commercial Property For Sale

      Commercial property with shop and office space in Hemet, CA.
      3630 E Florida, Hemet, CA 92544
      View Details
    • $325,000

      4.28 Acres Vacant Land Opportunity

      Expansive 4.28-acre parcel in East Hemet, CA.
      41471 Acacia, Hemet, CA 92544
      View Details
    • $55,000

      Land in Gated 55+ Community

      Affordable land in Mountain Shadows Resort with remodeled shed.
      1295 #320 S Cawston Avenue, Hemet, CA 92545
      View Details
    • $325,000

      20 Acres with Lake Views

      20-acre property near Temecula wineries with lake views.
      41095 Voyager Road, Hemet, CA 92544
      View Details
    • $1,600,000
      10,660 SF

      Income-Producing Commercial Property Opportunity

      High-visibility commercial property with diversified revenue and growth potential.
      162 N San Jacinto St, Hemet, CA 92543
      View Details
    • $119,900

      Hemet Land with Panoramic Views

      Nearly 5 acres ideal for a dream home or retreat.
      38497 Trifone, Hemet, CA 92544
      View Details
    • $535,000
      2,240 SF

      Spacious Duplex in Hemet, CA

      Hemet duplex with two units, garages, and yards.
      41844 Briarwood Avenue, Hemet, CA 92544
      View Details
    • $400,000

      Hemet Infill Development Opportunity

      1.86-acre parcel zoned for 26-unit condominium community.
      43125 Andrade, Hemet, CA 92544
      View Details
    • $150,000

      Hemet Land with Panoramic Views

      20+ acre property with lake and mountain views.
      2 Oak Drive, Hemet, CA 92544
      View Details

    FAQs

    What type of property is this?
    Commercial land - High-visibility corner lot with flexible use potential in Hemet.
    Where is this commercial land located?
    The property is located at 41267 E Florida Ave Hemet, CA.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: High‑visibility corner lot location with strong street presence.; Zoned CPS, offering flexible use potential for various businesses.; Large 27,006 sq ft lot size provides opportunity for expansion or future development.
    (951) 445-0691
    We can help!
    Listing Contact
    David Limon
    Real Estate License ID: 00908480
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    41267 E Florida Ave, Hemet, CA 92544

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!