0 13.1 Ac Fairview Ave Hemet, CA 92544
This exceptional 13.1-acre vacant land parcel presents a unique investment opportunity in the desirable Valle Vista area of East Hemet, California. Located in Riverside County, this property comprises five contiguous parcels forming an "L" shape, offering excellent flexibility for development. The land boasts entirely flat topography, providing ease of construction and maximizing usable space. The property enjoys convenient frontage on both Fairview Avenue and Palm Avenue, ensuring high visibility and accessibility. Its strategic location is approximately 700 feet north of Florida Avenue/Highway 74, providing seamless connectivity to Highway 79 and Interstate 215 to the west, facilitating efficient transportation links. Potential buyers should verify the availability of public sewer and water services, which appear to be accessible via Fairview Avenue, potentially through Lake Hemet or the Eastern Municipal Water District. The property's size and location make it ideal for a variety of development projects, offering significant potential for future growth and return on investment. The zip code is 92544. This is a rare opportunity to acquire a substantial tract of land in a rapidly developing area of Southern California. The asking price for this remarkable property is $800,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.