Property profile

4602 Florida Ave Hemet, CA 92545

OFF-MARKET
Retail properties & Spaces
0.39 ac lot
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Property summary

AI-generated overview

This exceptional 0.39-acre retail pad in Hemet, California, presents a remarkable opportunity. Located at 4602 W Florida Ave (APN 448-140-035), this single-tenancy property boasts approved plans for a freestanding building or drive-thru restaurant, up to approximately 3,500 square feet. The site benefits from its strategic position within a Winco-anchored regional shopping center, directly across from a future 500,000+ square foot power center, and adjacent to the planned 208-acre Ramona Creek Master Planned Community. This high-traffic location ensures significant customer exposure and growth potential. Further enhancing its appeal are two signalized entrances providing convenient access and the proximity of a planned TownePlace Suites by Marriott hotel. The seller is open to build-to-suit options, making this an ideal location for a variety of retail concepts. This property is situated in Riverside County, California, and offers a unique chance to establish a thriving business in a rapidly developing area. The zip code is 92545.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.39 ac (16,988 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Cinema (Bike/Boat/Book/etc) Store
  • Bank Credit Union
  • Specialty Food Shop Supermarket
  • Currency Exchange Service Atm

Location

4602 Florida 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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