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Property profile & analytics
OFF-MARKET
Land

0 Thornton Ave Hemet, CA 92545

6.04 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 6.04 ac (263,102 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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