1709 Florida Ave Hemet, CA 92545-3717
This exceptional 1.25-acre commercial land parcel presents a remarkable investment opportunity in Hemet, California. Located at the southwest corner of Highway 79 and South Lyon Avenue, this fee-simple property boasts a highly desirable C-2 zoning designation, permitting a diverse range of commercial uses, including restaurant, retail, and medical facilities. Situated within the established Towne House Plaza, this pad site benefits from reciprocal parking and convenient access, ensuring ample parking for patrons and employees. The property's strategic location on Highway 79, a major thoroughfare with over 30,000 cars passing daily, guarantees high visibility and accessibility. The surrounding area is a thriving commercial hub, anchored by established businesses such as Walgreens, Harbor Freight, and DD's Discount, within a 100,000+ square foot shopping center. Hemet's robust economy, fueled by a growing population of retirees and young families, creates a strong and stable market for commercial ventures. The property's Assessed Parcel Number (APN) is 448-460-00. This prime location and flexible zoning make this 1.25-acre parcel an ideal site for a variety of commercial developments, offering significant potential for growth and return on investment. The asking price is $700,000. The address is 1709 W Florida Ave, Hemet, CA 92545.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
CM · Hemet, CAHemet. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.