0 Thornton Ave Hemet, CA 92545
This exceptional 6.04-acre parcel presents a rare opportunity for residential development in the desirable Hemet, California market. Located at the southeast corner of S. Cawston Avenue and W. Thornton Avenue, this property is zoned for residential use and offers significant potential for various housing projects. The land is priced competitively at $2 per square foot, totaling an asking price of $530,000. Its strategic location is surrounded by existing single-family homes, retail establishments, and convenient food services. The property's proximity to Harmon Elementary School and West Valley High School adds to its appeal. This acreage represents the last available raw land in the Sanderson Avenue and Cawston Avenue corridors, making it uniquely positioned for a variety of development options, including single-family homes, multi-family dwellings, or senior living facilities (such as memory care or independent living). The APN numbers for this property are 460-250-022 and 460-161-029. The property is situated in Riverside County, California, with a Hemet zip code of 92545. This is a remarkable opportunity to acquire a substantial tract of land in a thriving community. Don't miss this chance to capitalize on the growing demand for housing in this area.
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
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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.