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Property profile & analytics
OFF-MARKET
Specialty properties

140 Franklin St Hemet, CA 92543

48,786 SF
Property ID
Property summary
AI-generated overview

This exceptional property at 140 N Franklin St, Hemet, CA 92543 presents a unique investment opportunity. The expansive 48,786 square foot lot houses a substantial religious facility, boasting approximately 13,780 square feet of usable space. The main building features a sanctuary with seating for approximately 350 people, complemented by numerous classrooms and offices, a fully equipped kitchen, and ample on-site parking for 65 vehicles. The property also includes three separate single-family residences, adding significant versatility and potential rental income streams. The facility is equipped with a solar power system, contributing to energy efficiency and cost savings. Located in Riverside County, this property benefits from its prominent position in Hemet, California, offering convenient access to local amenities and a strong community presence. The asking price is $2,550,000, translating to a price per square foot of $52.27. This represents a compelling opportunity for religious organizations, investors, or developers seeking a substantial and well-equipped property in a desirable location. The property's size, features, and location combine to create a truly exceptional offering.

Property profile
Verified
Property type Specialty properties
Total area 48,786 SF
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
  • World Travel Tees (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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