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Financial
Distress signals
Property profile

611 Florida Ave Hemet, CA 92543

OFF-MARKET
Manufacturing properties
Property ID
US09-0796626
15,000 SF 0.6 ac lot Built 1951
Last sale Jun 2017 · $600,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial property consists of approximately 18,000 square feet within a larger building and includes an available suite of approximately 7,000 square feet. The property is zoned for commercial use, supporting a range of service-oriented commercial applications. It is situated with frontage on Florida Avenue, a roadway with an average daily traffic volume exceeding 30,000 vehicles. The suite includes a ceiling clear height of approximately 18 feet and is equipped with two overhead doors for access.

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?
$6k
Tax billed · 2024
Assessed value$455k
Assessed land$228k
Assessed improvement$228k
Effective rate1.29%

Value estimate

· Oct 2026
$390k
$351k – $429k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$223/SF
County average, outlier-cleaned · 1211 recorded sales of this use type
Observed band · Q1–Q3$157 – $326
Qualifying comparables11

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?
C2
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Gym & Fitness
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Gym & Fitness16.6
Law Firm15.8
Parking Facility14.4

Location

611 Florida Ave Hemet, CA 92543-4008
County assessor Recorded deeds · 8 transfers 11 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
275 Menlo, Hemet, CA 92543 $290,000 Apr 2024 11,050 SF
208 Devonshire, Hemet, CA 92543-2984 $131,000 Feb 2024 18,050 SF
445 Menlo, Hemet, CA 92543-1425 $1,100,000 Apr 2022 12,000 SF
39640 Menlo, Hemet, CA 92543 $1,175,000 Sep 2020 15,990 SF
490 Menlo, Hemet, CA 92543-1426 $1,200,000 Dec 2019 19,000 SF
1498 Mesa Vw, Hemet, CA 92543-1539 $385,000 May 2019 10,800 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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