Technical
Financial
Distress signals
Property profile

1220 State St Hemet, CA 92543

OFF-MARKET
Warehouses
Property ID
US09-2979725
4,800 SF 3.02 ac lot Built 1985
Entity Owned Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Construction TILT-UP CONCRETE
Total area 4,800 SF
Lot 3.02 ac (131,551 SF)
Zoning code M1
APN 439-080-028
UPID US09-2979725

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
  • Insurance Agency
  • Sustainability Organization
  • Storage Facility

Location

1220 State St Hemet, CA 92543-1513
Hemet metro Census 43521 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$665k
CAP Approach CAP
$735k
Comparable Approach Comparable
$667k
Blend (final) Blend
$690k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

M1 · 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1220 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message