Property profile

0 Cor Cawston Ave & Thorton Ave Hemet, CA 92545

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

Cor Cawston Ave & Thorton Ave Hemet, CA 92545
Hemet metro
Google Maps

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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