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    2880 Florida Ave Hemet, CA 92545
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    Property profile & analytics

    2880 Florida Ave, Hemet, CA 92545

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    • Commercial real estate
    • 2,200 SF
    • 0.63 lot acres
    Off-Market
    Last Sale Jul 31, 2023
    $1,300,000
    Property ID
    US09-2338372
    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.

    Value Estimations
    $1,360,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2880 Florida Ave

    Year built
    1989
    Construction
    WOOD
    Lot size
    0.63 lot acres
    Zone code
    CPS
    Property type
    Commercial real estate
    APN
    448-310-021
    APU
    448310021

    Description

    This exceptional 2,561 square foot drive-thru restaurant pad presents a remarkable opportunity in the thriving Hemet, California market. Situated on a 0.62-acre lot at 2880 W Florida Ave, this single-tenant property boasts a highly desirable location at the intersection of West Florida Avenue and Sanderson Avenue. The area is a hub of quick-service restaurants (QSRs), with established businesses such as In-N-Out Burger, Raising Cane's, The Habit Burger Grill, Starbucks, and Dutch Bros Coffee already present at this intersection, ensuring high visibility and significant foot traffic. The property is currently vacant, offering flexibility for build-to-suit (BTS) development or a ground lease arrangement. This prime location in Riverside County, zip code 92545, provides unparalleled access to a dense population base and offers substantial potential for a successful QSR operation. The property's size and location make it an ideal investment for those seeking a high-return opportunity in a rapidly growing market. This is a rare chance to establish a presence in one of Hemet's most sought-after commercial corridors. Serious inquiries are encouraged.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,415,000
      ML approach
      $1,435,000
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,250,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,895,000
      Change: -16% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Hemet
    County
    Riverside
    State
    California
    Longitude
    -117.001
    Latitude
    33.7479
    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
    $15,122
    $1,300,000
    $0.00
    $1,300,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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