Technical
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Property profile

140 Franklin St Hemet, CA 92543

OFF-MARKET
Specialty properties
48,786 SF
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

140 Franklin St Hemet, CA 92543
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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