Property profile

740 Florida Ave Hemet, CA 92543

OFF-MARKET
Retail space
Property ID
US09-3046732
6,000 SF 0.28 ac lot Built 1961
Entity Owned 5-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 1961
Construction TILT-UP CONCRETE
Total area 6,000 SF
Lot 0.28 ac (12,196 SF)
Zoning code C2
APN 443-172-009
UPID US09-3046732

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
  • Department Store Grocery & Convenience Store

Location

740 Florida Ave Hemet, CA 92543-4043
Hemet metro Census 43401 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
by Request
Comparable Approach Comparable
$746k
Blend (final) Blend
$695k

Owner & transaction history

since 2020
Last sale
$556,000
3 recorded transactions
2020
$556,000
2011
$307,000
2011
Price N/A

Zoning & alternative use

C2 · Hemet, CA

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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