Property profile

4828 E Florida Ave Hemet, CA 92544

FOR SALE
Retail space
Saved · see the list in your Dashboard
Property ID
US09-3350017
4,754 SF 0.35 ac Built 1955
Last sale Jan 2021·$370,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$393k
Assessed land$138k
Assessed improvement$255k
Effective rate1.14%

Value estimate

· Nov 2026
$360k
$324k – $396k
AI approach$370k
NOI build-up
Gross scheduled income$105k
Vacancy & credit loss−$2k
Operating expenses−$46k
NOI · 4.72% cap applied$57k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$198/SF
Submarket average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$99 – $311
Qualifying comparables8

Cap rate analysis

How does the asset earn?
4.72%
$57k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CP
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency43.5
Dental Office36.6
Restaurant35.5

Location

4828 E Florida Ave Hemet, CA 92544
County assessor Recorded deeds · 4 transfers 8 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3202 Florida, Hemet, CA 92544-4974 $350,000 Oct 2024 3,179 SF
2087 Florida, Hemet, CA 92544-4730 $2,045,000 Jan 2023 8,520 SF
41007 State Hwy 74, Hemet, CA 92544-4830 $550,000 Jun 2021 9,604 SF
25720 Fairview, Hemet, CA 92544-5353 $3,430,000 Nov 2020 8,956 SF
41241 State Hwy 74, Hemet, CA 92544-4805 $765,000 Nov 2020 5,115 SF
44161 State Hwy 74, Hemet, CA 92544-5470 $385,000 Nov 2020 2,563 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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