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Property profile

4490 Florida Ave Hemet, CA 92544

OFF-MARKET
Retail space
Property ID
US09-0015394
3,343 SF 0.21 ac lot Built 1978
Last sale Aug 2022 · $859,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Hemet, CA retail property boasts 4,047 square feet on a 0.57-acre lot (APN 551180017, 551180016), situated on a signalized corner with an average daily traffic count of 19,313 vehicles. The single-story, 1978-built building features a 390 sq ft warehouse with a roll-up door, two restrooms, ample office space, a fully equipped kitchen, and a lounge area. The C2 zoning allows for a variety of commercial uses. The property also includes an additional 15,682 sq ft lot with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$759k
Assessed land$77k
Assessed improvement$682k
Effective rate1.13%

Value estimate

· Oct 2026
$920k
$828k – $1.01M
AI approach$920k
CAP approach$735k
Submarket $/SF estimate$917k

Realmo valuation models over county records and 13 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 comparables13

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?
CP
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant36.5
Dental Office35.1
Law Firm33.4

Location

4490 Florida Ave Hemet, CA 92544-5021
County assessor Recorded deeds · 5 transfers 13 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
3202 Florida, Hemet, CA 92544-4974 $350,000 Oct 2024 3,179 SF
2500 Florida, Hemet, CA 92544-4835 $250,000 Jul 2024 1,920 SF
4828 Florida, Hemet, CA 92544-5025 $370,000 Jan 2021 4,754 SF
41241 State Hwy 74, Hemet, CA 92544-4805 $765,000 Nov 2020 5,115 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
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
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