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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

700 Sanderson Ave Hemet, CA 92545

Property ID
Property summary
AI-generated overview

Zanderson Plaza presents a unique investment opportunity in Riverside County. This ±1.99 to ±6.43-acre site is available for ground lease, sale, or build-to-suit (BTS) development. The property boasts exceptional visibility, situated on a signalized corner with approximately 34,337 cars passing daily (CPD). Its strategic location on North Sanderson Avenue provides convenient access to North Hemet and East Florida Avenue. The site is surrounded by residential rooftops, indicating a strong potential customer base. Currently, the trade area is underserved in terms of food and retail options, making this an ideal location for restaurants, anchor tenants, and other retail businesses seeking high visibility and strong potential for growth. The property's multiple tenancy potential allows for flexibility in development and tenant mix. This is a rare opportunity to acquire a significant parcel of land in a high-traffic area with substantial growth potential. The drive-thru capability adds further appeal to potential restaurant tenants. Consider this prime location for your next commercial venture.

Property profile
Verified
Property type Retail properties & Spaces
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
Current use
Occupant on record · Public records
  • Chevron Gas Station
  • Em Extra Mile Grocery & Convenience Store
  • Krispy Krunchy Chicken Restaurant
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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