811 E Florida Ave, Hemet, CA 92543
6700 SF retail property available in Hemet, California.
- Added:
- Mar 12, 2026
- Days on Market:
- 117
- Last Refresh:
- Jul 2 at 9:04 pm
Property Features for 811 E Florida Ave
General Information
- Standard status
- Active
- Size
- 6,700 SF
- Lot size
- 0.18 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1953
Listing office New Star Realty & Investment (714) 865-8989
Listing date Mar 12, 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 New Star Realty & Investment
HighLights
- 6700 sf of retail property for sale
- Located in Hemet
- Good investment
- Year Built: 1953
Overview
Local Financial Insights For Retail
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 | $144.7k | $21.60 |
| − Vacancy | −$7.5k | −$1.12 |
| EGI | $137.2k | $20.48 |
| − OpEx | −$41.2k | −$6.14 |
| NOI | $96.0k | $14.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hemet
- County
- Riverside
- State
- California
- Longitude
- -116.964
- Latitude
- 33.7472
