Technical
Financial
Distress signals
Property profile

1600 Florida Ave Ste 208 Hemet, CA 92544

OFF-MARKET
Office buildings
Property ID
US09-1573515
45,243 SF 0.01 ac lot Built 1979
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1979
Construction TILT-UP CONCRETE
Total area 45,243 SF
Lot 0.01 ac (583 SF)
Zoning code C2
APN 445-241-028
UPID US09-1573515

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1600 Florida Ave Ste, Unit 208 Hemet, CA 92544-8638
Hemet metro Census 43309 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$725k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.18M

Owner & transaction history

since 2008
4 recorded transactions
2008
Price N/A
1993
$314,000
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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