2361 Florida Ave Hemet, CA 92545
This exceptional 2-acre commercial land parcel presents a unique build-to-suit or ground lease opportunity in the heart of Hemet, California. Located at 2361 W Florida Ave, at the intersection of W Florida Ave and Kirby Street in Riverside County (zip code 92545), this property boasts phenomenal visibility and accessibility, with over 58,000 cars passing daily. Its strategic placement within a regional power center makes it ideal for a variety of commercial uses, including restaurants, drug stores, and service retail establishments. The site is situated adjacent to the Hemet Valley Regional Mall, ensuring high foot traffic and brand recognition. This prime location within the dominant retail area of West Hemet offers unparalleled exposure and a strong potential for return on investment. The property is designated for single-tenant occupancy, providing a unique opportunity for a business seeking a prominent location with high visibility and significant traffic flow. This is a rare chance to secure a highly desirable commercial property in a thriving retail corridor. The property is zoned for commercial use. Further details regarding zoning and development possibilities are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.