1011 Devonshire Ave Hemet, CA 92543-2702
Property Lookup
Property profile & analytics
1011 Devonshire Ave Hemet, CA 92543-2702
- Medical Office Space
- 16,236 SF
- 0.46 lot acres
Property ID
US10-3027551
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Arrowhead Orthopaedics: Frykman G MD / Pediatrician
- Arrowhead Orthopaedics: Skubic J MD / Physician
- PHILLIP ANDREW SAUNDERS / Physician
- Dr. Peter T. Lac / Physician
- Dr. Jay S. Agarwal, MD / Physician
Property Details for 1011 Devonshire Ave
- Year built
- 1992
- Construction
- WOOD
- Lot size
- 0.46 lot acres
- Property size
- 16,236 SF
- Zone code
- C1
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 445-350-011
- APU
- 445350011
Description
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 building is meticulously landscaped and well-maintained, reflecting a commitment to quality and professionalism. The lease rate is $1.45 per square foot, representing a strong return on investment. The property's strategic location, coupled with its modern amenities and high-demand medical office space, makes it an ideal acquisition for investors seeking a stable and profitable asset in a thriving healthcare market. The building's size and configuration are well-suited for a variety of medical practices, offering flexibility and adaptability to future needs. The substantial parking lot ensures convenient access for patients and staff, further enhancing the property's appeal. This turnkey operation requires minimal capital expenditure, making it an attractive option for both seasoned investors and newcomers to the commercial real estate market. The property's strong location and current lease agreement provide a solid foundation for long-term growth and profitability.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,305,000
- ML approach
- $1,350,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,437,000
Market price range: $667k - $2.24M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hemet
- County
- Riverside
- State
- California
- Longitude
- -116.961
- Latitude
- 33.7506
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$25,425
$269,257
$1,968,138
$2,237,395
-
$0.00
$0.00
$0.00
