Property profile

0 0.88 Ac Florida Ave Hemet, CA 92544

OFF-MARKET
Land
0.88 ac lot
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Property summary

AI-generated overview

This exceptional 0.88-acre vacant land parcel presents a remarkable investment opportunity in Hemet, California. Strategically located on Florida Avenue/Highway 74, this property boasts approximately 120 feet of frontage, complete with existing curb and sidewalk infrastructure. Roughly two-thirds of the land features existing improvements, including paved areas previously used as a parking lot, three light poles, and a small stone wall along the frontage. The remaining southern third offers raw, undeveloped land. The property benefits from a highly desirable location, adjacent to a shopping center including an office building, and near a Century 21 office and car wash. Across Florida Avenue sits KPC Medical Center, and a Lutheran Church is located to the south. This high-visibility site offers excellent potential for a variety of commercial uses. All utilities are available nearby, subject to buyer verification. The property's size, location, and existing infrastructure make it an ideal candidate for redevelopment or expansion. The address is 0.88 AC Florida Avenue, Hemet, CA 92544, within Riverside County. This is a rare opportunity to acquire a well-situated parcel in a thriving area.

Property profile

Verified
Property type Land
Lot 0.88 ac (38,333 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

0.88 Ac Florida Ave Hemet, CA 92544
Hemet metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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