Financial
Distress signals
Property profile

1011 Devonshire Ave Hemet, CA 92543

OFF-MARKET
Medical Office Space
Property ID
US10-3027551
16,236 SF 0.46 ac lot Built 1992
Last sale Aug 2015 · $1,500,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 3,606 square foot medical office building presents a unique investment opportunity in Riverside County. Situated directly across from Hemet Valley Medical Center, this two-story building enjoys unparalleled visibility and accessibility. The single-tenant occupancy ensures a stable income stream, while the convenient location guarantees high patient traffic. The property features a modern elevator, on-site pharmacy, and ample parking, catering to both patients and staff. The

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$25k
Tax billed · 2024
Assessed value$2.24M
Assessed land$269k
Assessed improvement$1.97M
Effective rate1.14%

Value estimate

· Sep 2026
$1.31M
$1.17M – $1.44M
AI approach$1.35M
Submarket $/SF estimate$1.44M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$197/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$80 – $320

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C1
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.7
Gym & Fitness13.1
Electrical Service12.8

Location

1011 Devonshire Ave Hemet, CA 92543-2702
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
275 San Jacinto, Hemet, CA 92543-4453 $9,785,000 Jun 2025 24,192 SF
720 Latham, Hemet, CA 92543-4364 $1,200,000 Oct 2024 8,352 SF
162 Santa Fe, Hemet, CA 92543-4451 $1,000,000 Sep 2024 4,600 SF
903 Devonshire, Hemet, CA 92543-3000 $250,000 Jul 2024 11,400 SF
130 Buena Vis, Hemet, CA 92543-4308 $600,000 Oct 2023 4,480 SF
1001 Latham, Hemet, CA 92543-4435 $1,000,000 Nov 2020 14,615 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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