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Property profile & analytics
OFF-MARKET
Land

1550 El Nita Ln Ave Hemet, CA 92544

13,504 SF 0.31 ac lot
Property ID
Property summary
AI-generated overview

This 0.31-acre commercial lot in Hemet, CA (APN 445270042), is listed at $85,000 ($274,194/acre). Currently zoned for offices, the property offers significant potential for redevelopment. The site boasts modern infrastructure, including curb, gutter, and readily available sewer, gas, water, and electric utilities. Located at 1550 El Nita Ln Ave, Hemet, CA 92544 (33.746478, -116.95578), its strategic position just south of Florida Ave on El Nita presents a compelling opportunity. While currently zoned for office use, exploring the possibility of single-family residential (SFR) zoning with the city is recommended, given the surrounding area's SFR designation. This property is well-suited for medical/dental facilities or other professional establishments seeking a strategic location. Note that the adjoining parcel (APN 445-270-041) is also available for sale, and the seller prefers to sell both parcels together, potentially at a discounted rate. This presents a unique opportunity for investors or developers seeking a larger footprint in this desirable Hemet location.

Property profile
Verified
Property type Land
Total area 13,504 SF
Lot 0.31 ac (13,504 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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