4762 W Florida Ave

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4762 W Florida Ave

Hemet, CA 92545
Asking Price
$750K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spanning approximately 0.39 acres
  • Located at 4762 W Florida Avenue in Hemet
  • Asset available for purchase at an asking price of $750,000
  • Strategic position within an established Riverside County commercial corridor
  • Suitable for various small-scale retail or office development projects

What's Special

Development of this 0.39-acre commercial land parcel on West Florida Avenue in Hemet, California, presents a clear opportunity for investors or business owners to establish a foothold in a growing Riverside County submarket. Positioned within an established commercial corridor, this site offers flexible potential for various small-scale retail, office, or service-oriented business operations seeking visibility in a steady suburban environment. Hemet continues to serve as a vital residential and commercial hub within the Inland Empire, benefiting from its proximity to regional transit arteries and a expanding local population base. Investors looking to acquire a manageable land holding in this area will find this lot suitable for ground-up construction or long-term strategic positioning. The site provides a direct path toward realizing a specific business vision while capitalizing on the ongoing development trends within the region. Its size and location make it a practical choice for developers focused on targeted, accessible commercial projects designed to serve the surrounding community.

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NOI
$80,000
Cap Rate
10.67%
DSCR
1.80
Strong
Cash-on-Cash
15.77%
Monthly Payment
$3,710.591
Annual Cash Flow
$35,472.911

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