Property profile

2361 Florida Ave Hemet, CA 92545

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2361 Florida Ave Hemet, CA 92545
Hemet metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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