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571 N Palm Ave
Hemet, CA 92543
Industrial Property For Sale

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Investment Highlights

  • ±5,000 SF industrial/commercial building
  • Three oversized 20’ x 12’ bay doors
  • Ideal for owner-user, expansion, or value-add repositioning
  • Conditional Use Permit (CUP) for auto dismantling & repair
  • ±500 SF storage with large sliding door
  • Projected 6.19%+ cap rate

Executive Summary

Rare opportunity to acquire a flexible commercial/industrial asset suitable for both owner-users and investors. This ±4,500 SF facility sits on a 20,473 SF fully fenced lot and benefits from a current Conditional Use Permit for auto dismantling and repair.
The property features three oversized 20’ x 12’ bay doors, two private offices (each with a restroom), with additional 500 SF storage space, allowing for efficient operations across multiple industrial or service-oriented uses. The site offers ample parking and secure yard area, enhancing operational flexibility.
Currently owner-occupied and delivered vacant at close, the property supports a projected 6.19%+ cap rate, presenting an attractive owner-user or value-add investment with long-term upside in a desirable location.

Property Facts

Sale Type Investment or Owner User
Cap Rate 6.19%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • General Retail Auto Repair
  • FlexLight Distribution
Building Class C
Lot Size 0.47 AC
Rentable Building Area 4,500 SF
No. Stories 1
Year Built 1983
Tenancy Single
Parking Ratio 2.22/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 3
Opportunity Zone Yes
Zoning C-2 - General Commercial Current CUP as an auto dismantler

Amenities

  • Skylights

Utilities

  • Lighting
  • Water
  • Sewer

Property Taxes

Property Taxes

Parcel Number
442-030-020
Land Assessment
$113,037
Improvements Assessment
$169,561
Total Assessment
$282,598
  • Listing ID: 39218905

  • Date on Market: 1/27/2026

  • Last Updated:

  • Address: 571 N Palm Ave, Hemet, CA 92543

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