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42021 Florida Ave
Hemet, CA 92544
Auction - May 4-6 - Former Rite Aid · Retail Property For Sale
Investment Highlights
- Significant Infill Value-Add Opportunity Through Repositioning or Redevelopment
- Excellent Positioning With Clear Sight to Both Sides of Building For Signage
- Signalized Hard Corner Location at the Bustling Intersection of Florida Ave. and South Meridian Ave., Which Sees Over 29,000 Cars Per Day
- Valued for Sale at Well Below Replacement Cost
- Ceiling Height Approximately 14’ to 19’
- Generous Parking Ratio of 5.04:1000 SF with a Total of 87 Parking Stalls
Property Facts
Property Type
Retail
Property Subtype
Building Size
17,340 SF
Building Class
C
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.55 AC
Zoning
C3 - Zoning: C-3 (General Commercial) – Hemet, CA
Zoning Type:
• C-3: General Commercial
Intent:
• Designed for high-intensity commercial use, typically in
Parking
87 Spaces (5.02 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 551-210-040 | Improvements Assessment | $6,723,594 |
| Land Assessment | $831,207 | Total Assessment | $7,554,801 |
Property Taxes
Parcel Number
551-210-040
Land Assessment
$831,207
Improvements Assessment
$6,723,594
Total Assessment
$7,554,801
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