1600 Florida St Hemet, CA 92544
This exceptional Hemet, CA commercial property offers 83,200 square feet on a 1.91-acre lot. The building currently features two combined office units, totaling 1,418 square feet, easily convertible back into two separate units. This adaptable space presents significant flexibility for various business needs. The property benefits from its strategic location within a high-demand commercial district, providing convenient access to major roadways, public transportation, and nearby amenities. The building is situated in a well-maintained professional environment, anchored by HCN Bank, adding to its prestige and appeal. This presents a unique opportunity for businesses seeking a high-profile location or investors looking for a property with strong income potential. The substantial size of the property, combined with its prime location and versatile layout, makes this a rare and highly desirable commercial offering. The existing configuration, while currently unified, allows for future expansion or subdivision to accommodate evolving business requirements. This property offers both immediate income potential and significant long-term growth prospects, making it an attractive investment in a thriving commercial area. The 83,200 square foot building sits on a sizable 1.91-acre lot, providing ample space and potential for future development.
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.