Property profile

121 Florida Ave Hemet, CA 92543

OFF-MARKET
Turn key restaurants
Property ID
US09-2918948
13,390 SF 0.34 ac lot Built 1960
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Construction TILT-UP CONCRETE
Total area 13,390 SF
Lot 0.34 ac (14,810 SF)
Zoning code C2
APN 443-281-001
UPID US09-2918948

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
  • Accounting Firm
  • Bar & Pub

Location

121 Florida Ave Hemet, CA 92543-4105
Hemet metro Census 43401 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
$790k
Blend (final) Blend
$630k

Owner & transaction history

since 2022
5 recorded transactions
2022
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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