Property profile

1480 Florida Ave Hemet, CA 92544

OFF-MARKET
Strip malls
Property ID
US09-1228286
8,190 SF 0.19 ac lot Built 1972
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1972
Construction TILT-UP CONCRETE
Total area 8,190 SF
Lot 0.19 ac (8,276 SF)
Zoning code C1
APN 445-240-024
UPID US09-1228286

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
  • Furniture & Home Goods Home Decor Store

Location

1480 Florida Ave Hemet, CA 92544-8624
Hemet metro Census 43309 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
$14.56M

Owner & transaction history

since 2022
Last sale
$14.0M
7 recorded transactions
2024
Price N/A
2024
Price N/A
2022
$14.0M
2017
Price N/A
2017
$11.1M
2003
Price N/A
1992
$575,000

Zoning & alternative use

C1 · 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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