Property profile

706 State St Hemet, CA 92543

OFF-MARKET
Retail space
Property ID
US09-3356832
8,268 SF 0.65 ac lot Built 1987
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Construction WOOD
Total area 8,268 SF
Lot 0.65 ac (28,314 SF)
APN 439-100-044
UPID US09-3356832

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

706 State St Hemet, CA 92543-1401
Hemet metro Census 43521 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.90M
CAP Approach CAP
$1.83M
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$1.90M

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2024
$1.9M
2006
Price N/A
2003
Price N/A
1996
Price N/A
1994
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $2.9M +108.9%
Warehouse, storage $2.4M +74.4%
Industrial (general) $1.8M +31.6%

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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