1109-1287 State St Hemet, CA 92543
Diamond Valley Center, located at 1109-1287 S State St, Hemet, CA 92543, offers prime commercial real estate in Riverside County. This multi-tenant property boasts 68,034 total square feet, with 28,270 square feet currently vacant. Spaces range from a minimum of 1,000 square feet to a maximum contiguous space of 15,000 square feet, ideal for a variety of businesses. The property's retail and office space is situated in a high-traffic area with excellent visibility and easy access from State Street. The center features a diverse mix of existing tenants, including restaurants, specialty stores, and service providers. Ample parking is available for customers and employees. The well-maintained property offers a modern design, creating an attractive atmosphere. Leasing opportunities are available for retail stores, medical offices, service providers, and other suitable businesses. Affordable lease rates and flexible terms are offered to accommodate individual tenant needs. This location provides businesses with the exposure necessary to thrive in Hemet's commercial district. The property is categorized as Executive Office, Storefront, and Traditional space.
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.