445 E Menlo Ave Hemet, CA 92543
Property profile & analytics
445 E Menlo Ave, Hemet, CA 92543
- Manufacturing properties
- 12,000 SF
- 0.50 lot acres
Property ID
US09-2854550
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.
Location Intelligence
Current Use by Public Records
- Manufacturing properties
Property Details for 445 E Menlo Ave
- Year built
- 1976
- Construction
- WOOD
- Lot size
- 0.50 lot acres
- Zone code
- M1
- Property type
- Manufacturing properties
- APN
- 443-070-010
- APU
- 443070010
Description
This single-tenant industrial warehouse, located at 445 E Menlo Ave, Hemet, CA 92543, offers 12,000 square feet of space at $110 per square foot, totaling $2,196,000. Built in 1982 and extensively renovated in 2021, this Class B property boasts a range of desirable features. Improvements include new siding, security fencing, flooring, and restrooms. The warehouse features a secure yard, two 12' x 14' ground-level doors, and impressive 18' to 20' clear ceiling height. Power is provided by a 400-amp, 3-phase electrical system, and gas service is available on-site. The property is zoned M-1, offering flexibility for various uses. Currently occupied by a tenant who plans to consolidate operations in the spring, this presents a unique opportunity for a buyer with a flexible escrow timeline. The building's history includes successful use as both a manufacturing center and a distribution facility, highlighting its versatility. This property is a prime investment opportunity in the Southwest Riverside County market. The single-story building offers a functional layout suitable for a variety of industrial uses. Its location in Hemet provides convenient access to major transportation routes.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,055,000
- ML approach
- $1,115,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,640,000
- 6.5%
- $1,515,000
- 7%
- $1,410,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,107,000
Market price range: $406k - $1.49M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hemet
- County
- Riverside
- State
- California
- Longitude
- -116.968
- Latitude
- 33.7581
- 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
$13,091
$699,379
$445,059
$1,144,438
-
$0.00
$0.00
$0.00
