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    445 Menlo Ave Hemet, CA 92543

    Sponsored
    For Sale
    $2,196,000

    12,000 SF Warehouse, Updated, Great Location

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-tenant industrial warehouse, located at 445 E Menlo Ave, Hemet, CA 92543, offers 12,000 square feet of space at $110 per square foot, totaling $2,196,000. Built in 1982 and extensively renovated in 2021, this Class B property boasts a range of desirable features. Improvements include new siding, security fencing, flooring, and restrooms. The warehouse features a secure yard, two 12' x 14' ground-level doors, and impressive 18' to 20' clear ceiling height. Power is provided by a 400-amp, 3-phase electrical system, and gas service is available on-site. The property is zoned M-1, offering flexibility for various uses. Currently occupied by a tenant who plans to consolidate operations in the spring, this presents a unique opportunity for a buyer with a flexible escrow timeline. The building's history includes successful use as both a manufacturing center and a distribution facility, highlighting its versatility. This property is a prime investment opportunity in the Southwest Riverside County market. The single-story building offers a functional layout suitable for a variety of industrial uses. Its location in Hemet provides convenient access to major transportation routes.

    Property Features for 445 Menlo Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    12,000 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1982/2021
    Stories
    1

    HighLights

    • $2,196,000 asking price for a 12,000 SF Class B warehouse in Hemet, CA.
    • Single‑tenant industrial building with recent renovations.
    • Securely fenced yard.
    • Features two 12' x 14' ground‑level doors and 18'-20' clear ceiling height.
    • Equipped with 400‑amp, 3‑phase power and gas service.
    • M‑1 zoning allows for flexible use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hemet
    County
    Riverside
    State
    California
    Longitude
    -116.96829808696
    Latitude
    33.758414855345

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    FAQs

    What type of property is this?
    Distribution property - 12,000 SF Warehouse, Updated, Great Location
    Where is this distribution property located?
    The property is located at 445 Menlo Ave Hemet, CA.
    What is the asking price?
    The asking price for this property is $2,196,000.
    What are key features of this property?
    This property features: $2,196,000 asking price for a 12,000 SF Class B warehouse in Hemet, CA.; Single-tenant industrial building with recent renovations.; Securely fenced yard.
    Request Owner's contact information
    445 Menlo Ave Hemet, CA 92543
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    Hemet, CA 92543
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    445 Menlo Ave Hemet, CA 92543
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