Property profile

27475 Cornell St Hemet, CA 92544

OFF-MARKET
Other land
Property ID
US09-1723173
9.35 ac lot
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

The property is a 10-acre parcel located in southeast Hemet at the intersection of Crest Drive and Cornell Street, situated within a residential area of larger ranch-style homes. On-site utilities include electricity and water, with natural gas available at the street. The site includes three elevated hilltop pads that are suitable for future improvements such as structures, storage, or viewpoints, along with approximately 4–5 acres of flat, usable land that can support agriculture, horses/livestock, and outdoor storage for vehicles, equipment, or materials. Existing ranch-era structures are present and may be used for storage or workspace. The parcel has wide access points and multiple buildable areas, supporting uses such as RV storage, contractor yard operations, agricultural support functions, or other outdoor storage needs. A lot split into three separate parcels has been initiated, with testing completed except for environmental.

Property profile

Verified
Property type Other land
Lot 9.35 ac (407,286 SF)
UPID US09-1723173

Cap rate & NOI

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

Location

27475 Cornell St Hemet, CA 92544
Hemet metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2020
Price N/A
2020
Price N/A
2018
Price N/A

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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