Financial
Distress signals
Property profile

1101 Florida Ave Hemet, CA 92543

OFF-MARKET
Bars & Pubs
Property ID
US09-3171566
3,804 SF 0.32 ac lot Built 1963
Last sale Oct 2025 · $620,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 13,939 square foot commercial lot in Hemet, California, situated on a high-traffic corner. The property includes a single-story building, constructed in 1963, encompassing 3,804 square feet of net rentable space divided into two units. Currently, 75% of the space is occupied by a bar/restaurant, generating a current NOI of $23,900. The property boasts a pro-forma NOI of $73,776, reflecting significant upside potential by leasing the remaining

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$536k
Assessed land$155k
Assessed improvement$381k
Effective rate1.16%

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$295k

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

Recently sold

What actually traded nearby?
$621/SF
County average, outlier-cleaned · 244 recorded sales of this use type
Observed band · Q1–Q3$264 – $1,116
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C1
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply37.1
Realty agency34.9
Restaurant31.4

Location

1101 Florida Ave Hemet, CA 92543-3951
County assessor Recorded deeds · 7 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
120 Stetson, Hemet, CA 92543-7139 $1,500,000 Jun 2025 3,132 SF
541 Palm, Hemet, CA 92543-2877 $320,000 Jun 2025 4,800 SF
129 Harvard, Hemet, CA 92543-4211 $399,000 Apr 2024 3,975 SF
122 Harvard, Hemet, CA 92543 $100,000 Apr 2024 3,465 SF
551 Palm, Hemet, CA 92543-2877 $337,500 Mar 2023 3,600 SF
147 Gilbert, Hemet, CA 92543-4011 $1,050,000 Mar 2023 4,130 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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