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    Property profile & analytics
    OFF-MARKET Estimated value $1,655,000
    Retail space

    4000 Florida Ave, Hemet, CA 92544-5098

    15,525 SF 1.79 ac lot Built 2004
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US09-3368443
    Property summary
    AI-generated overview

    This exceptional retail property, located at 4000 E Florida Ave in Hemet, CA, offers five available spaces ranging from 700 to 3,900 square feet. Situated on a highly visible section of E Florida Ave, this property ensures maximum exposure for your business. The building boasts a total of 24,942 square feet and is zoned CP. Enjoy the convenience of ample on-site parking for both customers and employees. The competitive rental rate is $1.25 per square foot per month, with additional NNN expenses of $0.35 per square foot per month. This location offers a supportive business environment within a thriving community, close to a variety of amenities including shopping centers, restaurants, banks, and hotels. The flexible space options cater to a range of business types, from retail storefronts to service-oriented establishments. This property presents a strong investment opportunity in a growing commercial real estate market. Don't miss this chance to establish your business in a prime Hemet location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2004
    Construction WOOD
    Total area 15,525 SF
    Lot 1.79 ac (77,972 SF)
    Zoning code C1CP
    APN 438-102-056
    UPID US09-3368443
    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
    • Hemet Dental Group and Orthodontics Dental Office
    • Dr. John C. Nosti, DDS Dental Office
    • Dr. Frederick Lee Dental Office
    • Brown, Bacher & Walls Insurance Agency
    • Liquid Sunshine VIP Spray Tanning Tanning Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.61M
    Blend (final) Blend
    $1.66M
    Owner & transaction history
    Ljrb Investments LLC · 11 yrs held
    Ljrb Investments LLC
    since 2015
    7 recorded transactions
    2022
    2015
    $1.4M
    2014
    2003
    1989
    $842,000
    1969
    1969
    Zoning & alternative use
    C1CP · Hemet, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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