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    Property profile & analytics

    690 State St Hemet, CA 92543-2960

    • Gas stations
    • 2,705 SF
    • 0.91 lot acres
    OFF-MARKET
    Value Estimation
    $3,655,000
    Last Sale
    May 08, 2025
    $4,000,000
    Location Intelligence
    Property ID
    US10-3159188
    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.

    Current Use by Public Records

    • ampm / Fast Food Restaurant / Gas Station
    • Car Detailing / Car Detailing Service
    • LibertyX Bitcoin ATM / Atm
    • ARCO / Gas Station
    • Gas station / Gas Station

    Property Details for 690 State St

    Year built
    1991
    Construction
    WOOD
    Lot size
    0.91 lot acres
    Property size
    2,705 SF
    Zone code
    C2
    Property type
    Gas stations
    APN
    443-060-023
    APU
    443060023

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,480,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,275,000
      6.5%
      $4,035,000
      7%
      $3,935,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,345,000
      Geo Method
      $4,025,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,960,000
      Retail
      $3,675,000
      Mixed-Use
      $4,465,000
      Hospitality
      $4,120,000
      Educational
      $3,995,000
      Residential Income
      $3,565,000
      Energy
      $3,655,000
      Income-Based Land
      $4,315,000
      Food Service
      $3,650,000

    Location Insight

    • Map
    • Local Demand
    City
    Hemet
    County
    Riverside
    State
    California
    Longitude
    -116.971
    Latitude
    33.758
    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
    $29,263
    $643,320
    $1,895,351
    $2,538,671
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      903 Florida Ave

      SERVICE STATION (FULL SERVICE)
      903 Florida Ave, Hemet, CA 92543-3947
      View Details
    • Value Estimation
      $4,030,000
      2,244 SF

      636 Florida Ave

      SERVICE STATION WITH FOOD MART • 2,244 SF
      636 Florida Ave, Hemet, CA 92543-4009
      View Details
    • Value Estimation by Request
      0.79 Acres

      1101 State St

      SERVICE STATION WITH FOOD MART • 0.79 Acres
      1101 State St, Hemet, CA 92543-7635
      View Details
    • Value Estimation
      $220,000
      238 SF

      104 San Jacinto St

      SERVICE STATION WITH FOOD MART • 238 SF
      104 San Jacinto St, Hemet, CA 92543-4450
      View Details
    • Value Estimation by Request
      2,456 SF

      500 Stetson Ave

      SERVICE STATION WITH FOOD MART • 2,456 SF
      500 Stetson Ave, Hemet, CA 92543-7051
      View Details
    • Value Estimation
      $590,000
      506 SF

      1005 Florida Ave

      SERVICE STATION WITH FOOD MART • 506 SF
      1005 Florida Ave, Hemet, CA 92543-3949
      View Details

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      Retail Building For Sale

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    Similar Nearby for Lease

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      Prime Hemet location; flexible spaces for lease.
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    • $1.50 SF/Yr
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      Modern Hemet Workspace for Rent

      Exceptional Hemet property with modern design, flexible floor plans.
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    • $1,100 /Mo

      Retail Space on Florida Avenue

      Retail units for rent in downtown Hemet, California.
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    • $15 SF/Yr
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      Diamond Valley Center Office Suites

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    • $1.25 SF/Yr
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      Retail Space in Hemet, CA

      650 SF retail space for lease in Hemet.
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      View Details
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    690 State St
    Hemet, CA 92543-2960
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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