4920 Florida Ave Hemet, CA 92543
This exceptional 3.3-acre commercial land parcel, located at 4920 E Florida Ave in Hemet, CA (APN 551-321-008), presents a lucrative development opportunity. Zoned C-2, the property boasts approved entitlements for a comprehensive development including an ARCO gas station, convenience store, a long tunnel express car wash, and two restaurants with drive-thru capabilities. Beer and wine sales are also permitted for off-site consumption. The site is currently undergoing plan check for construction
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
Similar Nearby for Lease
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.