Property profile

600 E Mayberry Ave Hemet, CA 92543

FOR SALE
Commercial real estate
Property ID
US09-3013022
41,403 SF 5.49 ac lot Built 1985
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Property summary

AI-generated overview

This exceptional 5.49-acre commercial property in Hemet, CA, presents a unique investment opportunity. Located in a desirable residential area, the site boasts 41,403 square feet of existing buildings, offering significant potential for redevelopment. Currently zoned S1, surrounded by R1 residential properties, this location is ideal for a variety of projects, including multi-family housing, senior housing, or assisted living facilities. The property features 223 parking spaces and extensive landscaping, including planters, a fountain, patios, and concrete walkways. With substantial street frontage on Buena Vista Street (296 feet), Wesley Place (597 feet), Thompson Street (230 feet), and East Mayberry Avenue (300 feet), the property offers excellent ingress and egress on all four sides. The mostly level site sits slightly above street grade. The existing structures are part of an operating religious facility, requiring advance scheduling for site visits

Property profile

Verified
Property type Commercial real estate
Year built 1985
Total area 41,403 SF
Lot 5.49 ac (239,144 SF)
UPID US09-3013022

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

600 E Mayberry Ave Hemet, CA 92543
Hemet metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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