222 Florida Ave Hemet, CA 92543-4206
This exceptional 0.18-acre commercial lot, located at 222 E Florida Ave in Hemet, CA (zip code 92543, APN 443232009), presents a unique investment opportunity. Situated in the heart of downtown Hemet, this property boasts a prime location directly east of the historic Hemet Theater, benefiting from the area's revitalization and growth. The lot size is approximately 7,841 square feet (assessor data), and is zoned C2, offering a wide range of potential uses. The asking price is $350,000, representing a price per square foot of $45. The property's strategic position suggests various possibilities, including a metered parking lot, a food truck location, or other commercial ventures. This corner lot is ideally positioned to capitalize on the current momentum in downtown Hemet's development. The seller is highly motivated and open to negotiations, making this an attractive opportunity for discerning investors. Don't miss this chance to acquire a piece of Hemet's vibrant downtown core.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · 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.