0 0.88 Ac Florida Ave Hemet, CA 92544
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.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.