Strip Mall

Hemet, CA Strip Malls for Sale

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Multi-Tenant Retail Strip Center
Updated: Jan 27
Multi-Tenant Retail Strip Center

1235 E Florida Ave, Hemet, CA 92543

Contact for pricing
12,930 sqft 0.80 AC lot
High‑profile corner location at a signalized intersection of two major commercial arterials (E. Florida Avenue and San Jacinto Street) with strong frontage and visibility.
Significant value‑add potential due to the majority of leases being month‑to‑month or near expiration.
Stable in‑place income with the property currently 91.5% occupied.
Located in a fast‑growing submarket of Riverside County, benefiting from Southern California's eastward migration and affordable housing.
Positioned along Florida Avenue (SR‑74), the main retail spine of Hemet, near national retailers.
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Anchor Retail Space
Updated: Aug 1
Anchor Retail Space

2093 E Florida Ave, Hemet, CA 92544

$450,000
Anchor retail space along Florida Avenue in Hemet
More than 30,000 vehicles per day on Florida Avenue
Over 180,000 residents within a five‑mile radius
Surrounded by national retailers, quick‑service restaurants, and essential service providers
Building constructed in 1984
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See hot listings in Hemet

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 2 Active listings in Hemet, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Corner Multi-Tenant Shopping Center
Corner Multi-Tenant Shopping Center

261 E Highland Ave, San Bernardino, CA 92404

$999,500
8,162 sqft

Retail property with on-site parking, freestanding pylon signage, and convenient freeway access.

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Freestanding Retail Strip Center
Freestanding Retail Strip Center

405 Iowa Ave, Riverside, CA 92507

$1,999,999
0.34 AC lot

Freestanding retail strip center in Riverside, fully leased.

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8-Unit Retail Strip Center
8-Unit Retail Strip Center

723 W Highland, San Bernardino, CA 92405

$1,200,999

Multi-tenant retail property with customer parking and a diversified tenant mix.

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Retail Strip Mall Opportunity
Retail Strip Mall Opportunity

6692 Magnolia, Riverside, CA 92506

$1,399,999

For-sale retail strip mall with storefront space located in Riverside County.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Highway Commercial Land
Highway Commercial Land

Highway 74, Perris, CA 92570

$695,000
2.63 AC lot

Flat CR-zoned land with dual access, public water availability, and existing power poles along the surrounding streets.

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Off-Market Properties in Hemet, CA

Consider similar Off-Market properties in Hemet, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1709 Florida Ave
SHOPPING CENTER, STRIP CENTER

1709 Florida Ave, Hemet, CA 92545-3717

Estimated value:
$4,065,000
40,000 sqft 1.91 AC lot
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2375 Florida Ave
SHOPPING CENTER, STRIP CENTER

2375 Florida Ave, Hemet, CA 92545-3601

Estimated value:
$895,000
8,083 sqft 1.49 AC lot
View details
2465 Florida Ave
SHOPPING CENTER, STRIP CENTER

2465 Florida Ave, Hemet, CA 92545-3688

Estimated value:
$685,000
5,184 sqft 0.52 AC lot
View details
205 Stetson Ave
SHOPPING CENTER, STRIP CENTER

205 Stetson Ave, Hemet, CA 92543-7181

Estimated value:
$3,440,000
22,400 sqft 2.00 AC lot
View details
24900 San Jacinto St
SHOPPING CENTER, STRIP CENTER

24900 San Jacinto St, Hemet, CA 92543

Estimated value:
$3,260,000
1,464 sqft 4.73 AC lot
View details
275 Sanderson Ave
SHOPPING CENTER, STRIP CENTER

275 Sanderson Ave, Hemet, CA 92545-3609

Estimated value:
$6,835,000
5,610 sqft 0.83 AC lot
View details
247 Devonshire Ave
SHOPPING CENTER, STRIP CENTER

247 Devonshire Ave, Hemet, CA 92543

Estimated value:
$6,835,000
12,900 sqft 0.87 AC lot
View details
Hemet, CA 92545
SHOPPING CENTER, STRIP CENTER

Hemet, CA 92545

Estimated value:
$6,835,000
3,700 sqft 0.27 AC lot
View details
1300 Florida Ave, Unit 1480
SHOPPING CENTER, STRIP CENTER

1300 Florida Ave, Hemet, CA 92544-8640

Unit 1480
Estimated value:
$14,560,000
17,624 sqft 6.41 AC lot
View details
1480 Florida Ave
SHOPPING CENTER, STRIP CENTER

1480 Florida Ave, Hemet, CA 92544-8624

Estimated value:
$14,560,000
8,190 sqft 0.19 AC lot
View details
1460 Florida Ave
SHOPPING CENTER, STRIP CENTER

1460 Florida Ave, Hemet, CA 92544

Estimated value:
$14,560,000
27,080 sqft 0.61 AC lot
View details
301 Florida Ave
SHOPPING CENTER, STRIP CENTER

301 Florida Ave, Hemet, CA 92543-4214

Estimated value:
$995,000
10,159 sqft 0.68 AC lot
View details
950 State St
SHOPPING CENTER, STRIP CENTER

950 State St, Hemet, CA 92543-1485

Estimated value:
$1,435,000
14,522 sqft 0.87 AC lot
View details
2701 Florida Ave
SHOPPING CENTER, STRIP CENTER

2701 Florida Ave, Hemet, CA 92545-4616

Estimated value:
$860,000
7,955 sqft 0.79 AC lot
View details
2725 Florida Ave
SHOPPING CENTER, STRIP CENTER

2725 Florida Ave, Hemet, CA 92545-4616

Estimated value:
$475,000
6.74 AC lot
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3629 Florida Ave
SHOPPING CENTER, STRIP CENTER

3629 Florida Ave, Hemet, CA 92545-3514

Estimated value:
$1,585,000
15,000 sqft 3.53 AC lot
View details
3601 Florida Ave
SHOPPING CENTER, STRIP CENTER

3601 Florida Ave, Hemet, CA 92545-3514

Estimated value:
$720,000
6,840 sqft 0.52 AC lot
View details
3557 Florida Ave
SHOPPING CENTER, STRIP CENTER

3557 Florida Ave, Hemet, CA 92545-3564

Estimated value:
$365,000
8,160 sqft 0.76 AC lot
View details
276 Stetson Ave
SHOPPING CENTER, STRIP CENTER

276 Stetson Ave, Hemet, CA 92543-7180

Estimated value:
$1,040,000
5,500 sqft 0.46 AC lot
View details
2920 Florida Ave
SHOPPING CENTER, STRIP CENTER

2920 Florida Ave, Hemet, CA 92544-5104

Estimated value:
$2,785,000
15,250 sqft 1.04 AC lot
View details
43372 State Hwy 74
SHOPPING CENTER, STRIP CENTER

43372 State Hwy 74, Hemet, CA 92544-7200

Estimated value:
$820,000
6,000 sqft 2.41 AC lot
View details
43418 State Hwy 74
SHOPPING CENTER, STRIP CENTER

43418 State Hwy 74, Hemet, CA 92544-5219

Estimated value:
$2,620,000
27,462 sqft 2.17 AC lot
View details

Hemet, CA Strip Malls Market Trends and Statistics

Explore 67 strip malls for sale in Hemet, CA on our real estate platform. These investment opportunities span a total of 12,930 square feet of properties for sale, with an estimated market value of $450,000.

Sale prices for retail strips in Hemet, CA average $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 14
Shopping centers 13
Automotive properties 6
Banks 3
Auto shops 2

Demographics Overview

Population 137K
Population Growth (5Y) +6.7%
Median Household Income $58,723
College Educated 15.0%

High-Yield Neighborhoods for Investment

Identify Hemet submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
92544 $450K

Taxes & Financing

Tax Rate (average for all types) 1.14%
Property Tax per SF $19.01 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Riverside County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Hemet fall within the 25,000 to 50,000 square foot range.

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