501 N Palm Ave Hemet, CA 92543

Listing office Guaranteed Realty d***@hipackinc.com Show Phone

Listing date Jan 30, 2026

Source Crexi

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 Guaranteed Realty

Report an issue

---

Investment Insights

Based on property information with market context.

This commercial lot, zoned C-2 General Commercial, presents an opportunity for an owner-user or investor. Situated on a 12,632-square-foot parcel, the property offers flexible use options. The property may be purchased with a 3,600 square foot (40'x90') metal building for an additional cost. With improvements, the property offers a projected 8.42% cap rate. The lot size allows for a range of commercial or industrial uses, expansion potential, outdoor storage, or operational flexibility. This property delivers both current utility and long-term upside, and is suited for owner-users, investors, or entrepreneurs seeking flexibility, income potential, and future growth.

Key Highlights

• Large 12,632 SF C‑2 Zoned Commercial Lot offering flexible use options.
• Strong income potential with a projected 8.42% cap rate with targeted improvements.
• Value‑add upside and repositioning strategy potential.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $1,600,000

  Retail Storefront Property

  For-sale retail storefront property on State Highway 74 with a 1.63-acre lot.

  43763 State Highway 74, Hemet, CA 92544

  View Details
• 

  $948,000

  4,138 SF

  Residential Income Quadplex

  For sale quadplex with approximately 4,138 square feet on a 0.26-acre lot in Hemet, CA.

  962 Monarch, Hemet, CA 92543

  View Details
• 

  $3,000,000

  Other Specialty Property For Sale

  For sale on a 63-acre lot in Hemet, California.

  2100 S State, Hemet, CA 92543

  View Details
• 

  $689,000

  Turnkey Medical Dental Building

  Standalone medical/dental facility fully built out with seven exam rooms and dedicated X-ray room under C-1 zoning.

  1020 E Florida Avenue, Hemet, CA 92543

  View Details
• 

  $800,000

  Leased Retail Storefront Property

  For sale storefront property with an in-place furniture store tenant, offering rental income from day one.

  280 N San Jacinto Street, Hemet, CA 92543

  View Details
• 

  $2,085,000

  Shop and Office Property with Dual Entry

  Dual street access and heavy-traffic visibility support a retail-oriented shop and office layout.

  3630 E Florida, Hemet, CA 92544

  View Details
• 

  $948,000

  Quadplex Residential Income Property

  Four-unit residential income property in Hemet, offering a straightforward multi-unit ownership option on a compact lot.

  962 Monarch, Hemet, CA 92543

  View Details
• 

  $279,000

  Commercial Land with C2 Zoning

  For-sale 0.96-acre parcel in Hemet, CA, zoned C2 for flexible commercial development planning.

  608 N San Jacinto, Hemet, CA 92543

  View Details
• 

  $2,085,000

  7,600 SF

  Retail and Office Space Available

  Retail and office space on 1.86 acres with dual entrance.

  3630 E Florida, Hemet, CA 92544

  View Details
• 

  $850,000

  Corner Commercial Land Parcel

  For-sale commercial land at a Highway 74 corner, zoned C-P-S in Riverside County, CA.

  SWC of Hwy 74 and Hemet, Hemet, CA 92544

  View Details
• 

  $278,999

  Commercial Land Site

  1.05-acre commercial land parcel zoned C, available for sale on Florida Ave in Hemet.

  Florida ave, Hemet, CA 92544

  View Details
• 

  $2,750,000

  15,700 SF

  Bank of America NNN Lease

  Bank of America NNN lease with development opportunities.

  1687 E Florida, Hemet, CA 92544

  View Details

FAQs

What type of property is this?

Commercial land - Commercial lot with income potential in Hemet, California.

Where is this commercial land located?

The property is located at 501 N Palm Ave Hemet, CA.

What is the asking price?

The asking price for this property is $169,900.

What are key features of this property?

This property features: Large 12,632 SF C‑2 Zoned Commercial Lot offering flexible use options.; Strong income potential with a projected 8.42% cap rate with targeted improvements.; Value‑add upside and repositioning strategy potential.