1031 Florida Ave Hemet, CA 92543-3949
This exceptional 17,000-square-foot property in Hemet, California, presents a unique investment opportunity. Located at 1031 W. Florida Ave., Hemet, CA 92543, this highly visible site boasts a prime location on Florida Avenue, offering excellent exposure from both directions. The property includes two existing small commercial buildings currently generating $3,000 per month in rental income, which will be transferred to the lessee. This income stream provides immediate return on investment. The fenced area abutting Hamilton Avenue is also part of the 17,000 square foot parcel. The property is classified as Industrial, Land, and Special Purpose, with a single tenancy. Lessees have the flexibility to manage the property as they see fit, potentially developing it further or relocating the existing businesses. Modifications to the property are permitted to enhance business operations. A long-term lease is available, starting at a negotiable rate of $0.40 per square foot per month. This versatile property offers significant potential for growth and customization. Contact the property manager for further details.
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Vero’s Taco Shop Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.