2880 Florida AveHemet, CA 92545

  • Commercial real estate
  • 2,200 SF
For Lease
$5.50/SF/YR View listing

Property Details for 2880 Florida Ave

Year built
1989
Construction
WOOD
Lot size
0.63 AC
Property size (Sq ft)
2,200 SF
Zone code
CPS
Property type
Commercial real estate
APN
448-310-021
APU
448310021

Description

This exceptional 2,561 square foot drive-thru restaurant pad presents a remarkable opportunity in the thriving Hemet, California market. Situated on a 0.62-acre lot at 2880 W Florida Ave, this single-tenant property boasts a highly desirable location at the intersection of West Florida Avenue and Sanderson Avenue. The area is a hub of quick-service restaurants (QSRs), with established businesses such as In-N-Out Burger, Raising Cane's, The Habit Burger Grill, Starbucks, and Dutch Bros Coffee already present at this intersection, ensuring high visibility and significant foot traffic. The property is currently vacant, offering flexibility for build-to-suit (BTS) development or a ground lease arrangement. This prime location in Riverside County, zip code 92545, provides unparalleled access to a dense population base and offers substantial potential for a successful QSR operation. The property's size and location make it an ideal investment for those seeking a high-return opportunity in a rapidly growing market. This is a rare chance to establish a presence in one of Hemet's most sought-after commercial corridors. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $692,090
    Hospitality
    $633,951
    Educational
    $527,440
    Medical
    $545,579
    Retail
    $820,462

Location Insight

City
Hemet
County
Riverside
State
California
Latitude
33.7479
Longitude
-117.001
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
$15,122
$1,300,000
-
$1,300,000
-
-
-
-

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