Technical
Financial
Distress signals
Property profile

1000 State St Hemet, CA 92543

OFF-MARKET
Manufacturing properties
Property ID
US09-0720444
12,480 SF 1.63 ac lot Built 1988
Entity Owned 22-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Hemet commercial property, located at 1000 N State St, offers a diverse range of flexible spaces ideal for automotive, industrial, or retail businesses. The building boasts 20 available units, ranging in size from 360 square feet to 3,985 square feet, providing options for businesses of all scales. The property's classification as Class B reflects its well-maintained and professional environment. Its prime location ensures excellent visibility and convenient access, making it an attractive option for businesses seeking maximum exposure. The units cater to diverse needs, with multiple spaces featuring roll-up doors, perfectly suited for businesses requiring seamless integration of industrial or automotive operations. Ample on-site parking is available for both employees and customers, enhancing convenience and accessibility. The property is situated in Riverside County and offers a blend of office and retail spaces within a single location, providing a versatile solution for various business types. This multi-tenant property presents a unique opportunity to establish or expand your business in a thriving Hemet location. The convenient amenities and services in the surrounding area further enhance the property's appeal.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1988
Construction TILT-UP CONCRETE
Total area 12,480 SF
Lot 1.63 ac (71,002 SF)
APN 439-090-066
UPID US09-0720444

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
  • Marriage Or Relationship Counselor
  • Church
  • Marriage Or Relationship Counselor
  • Marriage Or Relationship Counselor
  • Medical Group

Location

1000 State St Hemet, CA 92543-1458
Hemet metro Census 43521 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.58M
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$1.65M

Owner & transaction history

since 2004
5 recorded transactions
2016
Price N/A
2004
$1.3M
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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