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Single-Tenant Warehouse with Ground-Level Doors
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445 Menlo Ave, Hemet, CA 92543

Single-tenant warehouse with two ground-level doors, secured yard, and 18 to 20 ft clear height.

Property Size12,000 SF
Price / SF$154.17
Days on Market928

Property Features for 445 Menlo Ave

General Information

Standard status Active
Size 12,000 SF
Property subtype INDUSTRIAL

Warehouse & Industrial

Drive-In Doors 2
Power 400 amps
Three-Phase Power Yes

Additional Details

Fenced Yard Yes

Building Details

Tenancy Single
Listing Agency: AIR CRE
Listed By: Unknown Agent
Source: Moodyscre
Added: Jan 19, 2024 Changed: Jul 30 Last Checked: Aug 3 at 10:23AM

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 AIR CRE

Investment Insights

Based on property information with market context.

Menlo Industrial Center offers a single-tenant warehouse suited for users needing direct ground-level access. The building features two 12’ x 14’ ground level doors and an 18’–20’ clear height to support a range of storage and light industrial operations. A secured yard is included, and the property is gas enabled.

The facility is equipped with 400 Amp, 3 Phase power, supporting heavier equipment loads. The space totals 12,000 SF, providing a dedicated footprint for one tenant.

Located at 445 Menlo Ave in Hemet, CA 92543, the property is designed around practical day-to-day handling with direct door access and on-site power for operations that require more than basic service.

Key Highlights

  • Single‑tenant warehouse at Menlo Industrial Center
  • Two 12’ x 14’ ground level doors
  • 18’–20’ clear height

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $149.8k $12.48
− Vacancy −$9.0k −$0.75
EGI $140.8k $11.73
− OpEx −$21.1k −$1.76
NOI $119.7k $9.97
12,000 SF · lease $12.48/SF/yr · vacancy 6.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.71M
$1.50M – $1.99M (±1% cap)
NOI $119,658 @ 7.0% cap · market cap 6.47%
Second Best
no second resolved use
Theoretical Best
Office A
$3.59M
$3.15M – $4.19M (±1% cap)
NOI $251,650 @ 7.0% cap · market cap 13.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Parking Lot & Garage Gym & Fitness Center (Bike/Boat/Book/etc) Store Electrical Service Acupuncture Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors
Single-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

459
Businesses Nearby
Balanced
Demand for This Use

Demographics for 92543, CA

39,323
Population
15,225
Households
2.6
Avg Household Size
37
Median Age
13%
College-Educated
75%
High-School Grad
19.1 sq mi
ZIP Area
2,059
Density / Sq Mi
$47,002
Median Household Income
$34,376
Median Earnings
$1,306
Median Rent
$250,800
Median Home Value

Market

Properties on Market for Warehouses in Riverside County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Dawn To Dusk R.V. & Boat Storage 779 N Buena Vista St, Hemet, CA 92543
  • Lockaway Storage Hemet 1181 N State St, Hemet, CA 92543
  • Cody Self Storage Facility 1403 E Menlo Ave, Hemet, CA 92544
  • Self-Storage at U-Haul 380 N State St, Hemet, CA 92543
  • A-American Self Storage 1220 N State St, Hemet, CA 92543

Frequently Asked Questions

What type of property is this?
Warehouse - Single-tenant warehouse with two ground-level doors, secured yard, and 18 to 20 ft clear height.
Where is this warehouse located?
The property is located at 445 Menlo Ave Hemet, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Single‑tenant warehouse at Menlo Industrial Center; Two 12’ x 14’ ground level doors; 18’–20’ clear height
(714) 538-8432 Call to check price and availability
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