3875 Industrial Ave, Hemet, CA
Industrial property featuring a fenced site and multiple loading docks.
- Added:
- Mar 29, 2023
- Days on Market:
- 1178
- Last Refresh:
- May 19 at 8:42 pm
Property Features for 3875 Industrial Ave
General Information
- Standard status
- Active
- Size
- 22,800 SF
- Lot size
- 1.50 Acres
- Property subtype
- INDUSTRIAL
Listing agent Mike Paleo (714) 293-0939
Listing office Hughes Marino (714) 293-0939
Listing date Mar 29, 2023
Source Moodyscre
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 Hughes Marino
HighLights
- 1.54 acre fenced site
- 6 ground level loading doors
- 3 exterior dock platforms with covers
- 16’ clear height
Overview
Local 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 | $284.5k | $12.48 |
| − Vacancy | −$17.1k | −$0.75 |
| EGI | $267.5k | $11.73 |
| − OpEx | −$40.1k | −$1.76 |
| NOI | $227.4k | $9.97 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- A Storage Place — 3450 Wentworth Dr, Hemet, CA 92545
- Terra Linda RV Storage — 691 Kirby St, Hemet, CA 92545
- Extra Space Storage — 750 S Sanderson Ave, Hemet, CA 92545
Location Insight
- Map
- Local Demand
- City
- Hemet
- County
- Riverside
- State
- California
- Longitude
- -117.013
- Latitude
- 33.7299
