0 Cor Cawston Ave & Thorton Ave Hemet, CA 92545
This exceptional 6.04-acre parcel, located at the southeast corner of Cawston Avenue and Thornton Avenue in Hemet, California (zip code 92545), presents a remarkable opportunity for residential development. The property, identified by APN numbers 460-250-022 and 460-161-029, is zoned for residential use and offers a compelling value proposition at an asking price of $530,000, translating to $2 per square foot. Its strategic location is surrounded by existing single-family homes, retail establishments, and food service businesses, ensuring convenient access to amenities. The site's proximity to Harmon Elementary School and West Valley High School further enhances its appeal. This infill location boasts strong local demographics and high traffic counts, making it an attractive prospect for various residential projects. Potential development options include single-family homes, multi-family dwellings, senior housing, independent living facilities, and memory care centers. The property's size and location make it a highly desirable investment for developers seeking to capitalize on the growing residential demand in Hemet, Riverside County. Detailed site plans and further information are available upon request.
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.