New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,350,000
Strip malls
2888 Florida Ave, Hemet, CA 92544-4804
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3782132
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
WOOD
Total area
14,750 SF
Lot
1.08 ac (47,044 SF)
Zoning code
C1CP
APN
438-240-042
UPID
US09-3782132
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Jazzercise Hemet Fitness Center Gym & Fitness Center
-
Perfect Little Lashes & Beauty Enhancements Spa & Massage Center
-
SoCal Realtors & Associates Real Estate Agency
-
Mandela PMU Medical Clinic Skin Care Clinic
-
Guild Mortgage Company Consultant Mortgage Lender
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.35M
Owner & transaction history
Hanno Mousa · 8 yrs held
Hanno Mousa
since 2018
7 recorded transactions
Zoning & alternative use
C1CP · Hemet, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hemet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hemet submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$92 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$20,456
Tax year 2024
Assessed value
$1,729,255
Assessed 2024
Previous assessed
$1,729,255
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$260,045
Assessed improvement
$1,469,210
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
14,750 SF
Lot
1.08 ac (47,044 SF)
Zoning code
C1CP
APN
438-240-042
UPID
US09-3782132
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1CP · Hemet, CA
Zoning C1CP · permitted uses
C1CP · Hemet, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hemet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Hanno Mousa
Individual
Free & Clear · 8 yrs held
Mailing address
4435 TORRANCE BLVD, TORRANCE, CA 90503-4335
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2018
—
Hanno Mousa
Gorguisse,zena M
Quit Claim Deed
related
—
Mar 5, 2018
$250,000
Fadi Mansur
Hakim M I Living Trust
Grant Deed
—
Jan 25, 2018
—
Maria De Hakim
Hakim Imap M Living Trust
Quit Claim Deed
related
—
Dec 18, 2017
—
Hakim,imad M Living Trust
Hakim Imad M Living Trust
Quit Claim Deed
related
—
Sep 12, 2017
—
Hakim,imad M Living Trust
Hakim,imad
Quit Claim Deed
related
—
Aug 31, 2010
—
Imad Hakim
Hakim,ibrahim M
Quit Claim Deed
related
—
Jan 21, 2009
—
Ibrahim M Hakim
Ibrahim M Living Trust
Quit Claim Deed
related
—
Dec 15, 1999
$100,000
Morris H Ibrahim
Renfrow,michele L
Grant Deed
—
Jan 29, 1999
$254,806
Michele L Renfrow
Huang Trust
Trustees Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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