1995 E Florida Ave Hemet, CA 92544
Property profile & analytics
1995 E Florida Ave, Hemet, CA 92544
- Banks
- 3,660 SF
- 0.45 lot acres
Property ID
US09-0751216
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Banks
Property Details for 1995 E Florida Ave
- Year built
- 1986
- Construction
- WOOD
- Lot size
- 0.45 lot acres
- Zone code
- C1
- Property type
- Banks
- APN
- 445-280-038
- APU
- 445280038
Description
This ±3,775 square foot freestanding retail building in Hemet, California, presents a unique investment opportunity. Located at 1995 E Florida Ave, on a signalized intersection at the southwest corner of E. Florida Ave and Yale Street, this property boasts exceptional visibility to an estimated 26,688 cars per day. The building, currently vacant at 3,660 square feet, is suitable for a variety of retail uses, previously operating as a bank with a drive-thru. The property is available for either a ground lease or outright purchase. The strong demographics of the area support this opportunity, with a daytime population of 11,745 and an overall population of 66,446 within a 3-mile radius, boasting an average household income exceeding $82,200. This location benefits from its proximity to major retailers including Walmart Neighborhood Market, Stater Bros, Harbor Freight, Grocery Outlet, Planet Fitness, Starbucks, True Value, Taco Bell, and Rent-A-Center. For owner-users, Small Business Administration financing is available, with down payments as low as 10%. With a 10% down payment ($139,000), the estimated monthly loan payment is approximately $8,074, resulting in an estimated cost to occupy (and own) of roughly $1.61 per square foot per month. This represents a potentially significant cost savings compared to leasing, while also offering the benefit of asset appreciation. SBA financing allows for leasing up to 49% of the building, further reducing occupancy costs. This property is situated in Riverside County, CA, zip code 92544.
Value Estimations
based on Realmo’s proprietary methodology
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Hemet
- County
- Riverside
- State
- California
- Longitude
- -116.951
- Latitude
- 33.7473
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,665
$122,704
$892,413
$1,015,117
-
$0.00
$0.00
$0.00
