Property profile

115 Stetson Ave Hemet, CA 92543

OFF-MARKET
Strip malls
Property ID
US09-2593797
8,040 SF 0.68 ac lot Built 1974
Individually Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This thriving donut shop located at 115 Stetson Avenue in Hemet, California presents a fantastic business opportunity. Situated on a 0.68-acre lot, this well-established business boasts a long history and consistent walk-in traffic, indicating a strong customer base and proven profitability. The sale price is $145,000. While the exact square footage isn't specified, the property's size and established nature suggest ample space for both production and customer service areas. The business's longevity speaks to its successful operation within the Hemet community. This represents a rare chance to acquire a turnkey operation with immediate revenue potential. The high volume of foot traffic suggests a prime location with excellent visibility and accessibility. This is an ideal opportunity for an experienced entrepreneur seeking an established business with a proven track record or for a first-time business owner looking for a ready-made operation in a high-demand market. The asking price reflects the value of the established business and its potential for continued growth. Serious inquiries are encouraged to explore this exceptional opportunity further. Financial details and operational specifics are available upon request. Don't miss this chance to own a piece of Hemet's culinary landscape.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1974
Construction TILT-UP CONCRETE
Total area 8,040 SF
Lot 0.68 ac (29,620 SF)
Zoning code C2
APN 451-080-006
UPID US09-2593797

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
  • Bakery Discount Store

Location

115 Stetson Ave Hemet, CA 92543-7153
Hemet metro Census 43307 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2003
1 recorded transaction
2003
$980,000

Zoning & alternative use

C2 · Hemet, CA

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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