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Versatile Commercial Property with Income

561 N Palm Ave, Hemet, CA 92543

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For Sale

Contact for pricing

Two buildings on a large lot with income potential.

Type:Industrial, Mixed Use

Property size:

4,387 SF

Lot size:

0.59 Acres

Price / SF:

$148/SF

HighLights

Attractive 8.69% cap rate provides immediate income.
Property can be delivered vacant at close, ideal for owner‑user.
Two separate 2,100 sq ft buildings offer flexible use and income potential.
Generous 25,700 sq ft lot with individual entrances and fenced yard space.
Ample on‑site parking and large bay doors.
Well‑suited for light industrial, warehouse, contractor, or service‑based uses.

We can help!

Contact an agent

David Limon

For Sale

Contact for pricing

Two buildings on a large lot with income potential.

Type:Industrial, Mixed Use

Property size:

4,387 SF

Lot size:

0.59 Acres

Price / SF:

$148/SF

Added:: Jan 26, 2026
Days on Market:: 151
Last Refresh:: Mar 17 at 1:13 pm

Property Features for 561 N Palm Ave

General Information

Standard status: Active
Size: 4,387 SF
Lot size: 0.59 Acres
Property subtype: Industrial, Mixed Use

Building Details

Year Built: 1980

We can help!

Contact an agent

David Limon

Listing office Guaranteed Realty

Listing date Jan 26, 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

HighLights

Attractive 8.69% cap rate provides immediate income.
Property can be delivered vacant at close, ideal for owner‑user.
Two separate 2,100 sq ft buildings offer flexible use and income potential.
Generous 25,700 sq ft lot with individual entrances and fenced yard space.
Ample on‑site parking and large bay doors.
Well‑suited for light industrial, warehouse, contractor, or service‑based uses.

Overview

This commercial property presents an opportunity for either an owner-user or an investor. The property includes two separate buildings, each approximately 2,100 square feet, with individual entrances and fenced yard space. Situated on a 25,700-square-foot lot, the property features large bay doors and ample on-site parking. The layouts are suited for light industrial, warehouse, contractor, or service-based uses; however, the buyer should verify zoning and permitted uses. Both buildings are currently rented on a month-to-month basis, providing income. The property offers an 8.69% cap rate and can be delivered vacant at close. The total property size is 4,387 square feet.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$54.7k	$12.48
− Vacancy	−$3.3k	−$0.75
EGI	$51.5k	$11.73
− OpEx	−$7.7k	−$1.76
NOI	$43.7k	$9.97

4,387 SF · lease $12.48/SF/yr · vacancy 6.00% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$624.9K

$546.8K – $729.1K (±1% cap)

NOI $43,745 @ 7.0% cap · market cap 6.73%

Second Best

Mixed Use

$580.5K

$507.9K – $677.3K (±1% cap)

NOI $40,635 @ 7.0% cap · market cap 6.25%

Theoretical Best

Office A

$1.31M

$1.15M – $1.53M (±1% cap)

NOI $91,999 @ 7.0% cap · market cap 14.15%

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

Property Profile Location Intelligence

Current Use by Public Records

Apex Autoworx Auto Repair Shop

Suggested Use

Location Insight

Map
Local Demand

City: Hemet
County: Riverside
State: California
Longitude: -116.9814381
Latitude: 33.7560518

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For sale
Mixed-use properties
CA
Hemet
92543
561 N Palm Ave

What type of property is this?

Mixed-use property - Two buildings on a large lot with income potential.

Where is this mixed-use property located?

The property is located at 561 N Palm Ave Hemet, CA.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Attractive 8.69% cap rate provides immediate income.; Property can be delivered vacant at close, ideal for owner‑user.; Two separate 2,100 sq ft buildings offer flexible use and income potential.