445 Menlo Ave Hemet, CA 92543
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · Hemet, CAHemet. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.