103 Stetson Ave Hemet, CA 92543
- Banks
- 2,550 SF
- 0.31 lot acres
Current Use by Public Records
- Active Mobility inc. / Mobility Equipment Supplier
- Wells Fargo ATM / Atm
Property Details for 103 Stetson Ave
- Year built
- 1976
- Construction
- WOOD
- Lot size
- 0.31 lot acres
- Property size
- 2,550 SF
- Zone code
- C2
- Property type
- Banks
- APN
- 451-080-012
- APU
- 451080012
Description
This exceptional retail property, located at 103 Stetson Avenue in Hemet, California, presents a compelling investment opportunity. Boasting a generous 3,219 square feet of space, this property is ideally situated for a variety of retail businesses. The building sits on a sizable 0.31-acre lot, offering ample room for expansion, outdoor seating, or additional parking. Its prime location in Hemet ensures high visibility and accessibility for customers. The asking price for this property is $1,500,000. This represents a significant opportunity to acquire a well-positioned retail space in a growing market. The property's size and location make it suitable for a wide range of retail concepts, from boutiques and specialty stores to larger-scale operations. The substantial lot size provides flexibility for future development or expansion, catering to the evolving needs of a business. Serious inquiries are encouraged to explore the potential of this exceptional retail property and its significant upside. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Don't miss this chance to secure a prime retail location in a thriving area. Further details and viewing arrangements can be made upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,150,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,125,000
- 6.5%
- $1,050,000
- 7%
- $1,190,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,330,000
- Geo Method
- $1,175,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,150,000
- Retail
- $1,195,000
- Mixed-Use
- $1,000,000
- Hospitality
- $1,340,000
- Educational
- $1,240,000
- Residential Income
- $1,250,000
- Energy
- $1,360,000
- Income-Based Land
- $1,380,000
- Food Service
- $1,235,000
Location Insight
- Map
- Local Demand
- City
- Hemet
- County
- Riverside
- State
- California
- Longitude
- -116.971
- Latitude
- 33.7291
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
