Financial
Distress signals
Property profile

3040 Florida Ave Hemet, CA 92544

OFF-MARKET
Retail space
Property ID
US09-2585930
1,804 SF 0.67 ac lot Built 1951
Last sale Feb 2026 · $550,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional mixed-use property, located at 3040 Florida Avenue in Hemet, California, presents a compelling investment opportunity. Boasting a substantial 2,300 square foot building situated on a generous 0.67-acre lot (191ft x 150ft), this property offers significant street frontage of 191 feet, ensuring high visibility and accessibility for any business. The convenient location on East Florida Avenue, alongside other established businesses, provides immediate access to a thriving

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$295k
Assessed land$171k
Assessed improvement$124k
Effective rate1.22%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$198/SF
Submarket average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$99 – $311
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R3
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply36.0
Wholesale Shop32.3
Restaurant31.1

Location

3040 Florida Ave Hemet, CA 92544-4993
County assessor Recorded deeds · 4 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1960 Florida, Hemet, CA 92544-4779 $250,000 Oct 2024 1,240 SF
2500 Florida, Hemet, CA 92544-4835 $250,000 Jul 2024 1,920 SF
3500 Florida, Hemet, CA 92544-4976 $550,000 Dec 2021 1,920 SF
44161 State Hwy 74, Hemet, CA 92544-5470 $385,000 Nov 2020 2,563 SF
44190 State Hwy 74, Hemet, CA 92544-5461 $280,000 Mar 2020 1,998 SF
44900 State Hwy 74, Hemet, CA 92544-5527 $152,500 Nov 2019 1,224 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3040 Florida Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message