44518 State Highway 74, Hemet, CA 92544
Riverside County
Key Facts
Description
Prime 1.54-Acre Retail Corner – Zoned for Cannabis Dispensary & Cultivation with Shopping Center Upside! Seize this rare and exceptional opportunity to acquire a premier 1.54-acre commercial corner lot in Hemet under Riverside County jurisdiction, strategically zoned CPS (Commercial Retail). This highly versatile zoning unlocks an array of lucrative business uses, most notably a fully permitted zone for Cannabis Dispensary Operations and Cultivation. With premium retail-zoned parcels in high-demand areas becoming increasingly scarce, this asset represents a goldmine for both operators looking to launch quickly and investors seeking a high-yield, recession-resistant asset. Boasting massive street frontage and exceptional visibility, the expansive lot offers ample space for immediate development and future expansion. Capitalize on the property's immense upside potential by developing a multi-tenant shopping center to secure diverse, long-term rental income streams. Whether you want to establish a flagship cannabis operation, build a thriving retail hub, or hold a rare piece of commercial real estate with massive appreciation potential, this property delivers on every front. Don’t miss out on one of the most versatile and valuable commercial lots on the market today!
Property Information
Property Type
Commercial Sale
Year Built
1958
Stories
1
Living Area
1,024 sq ft
Lot Size
1.52 acres
Days on Market
318
MLS® Listing#
SW25185002
Property Features
Heating
Laundry
Fencing
Lot Features
Roof
Water Source
Financial Details
Parcel Number
548092037
Directions
On the corner of Florida Ave & Lincoln Ave
Affordability Calculator
$173,980
Estimated monthly payment
$4,630/mo
Principal $695,920 · Est. interest $970,870 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Hemet, CA
- $427,451
- Median Listing Price
- 58
- Median Days on Market
- 1,576
- Median Sq Ft
- $252
- Median Price / Sq Ft
- 456
- Active Listings
- This home’s price is 104% above the area median.
- Its price per sq ft is 237% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Hemet, CA.
Location
- 44518 State Highway 74, Hemet, CA 92544
Points of Interest in Hemet, CA
Showing the Hemet area map.
Nearby Schools
Hemet Unified School District
School · 0.8 mi away
Valle Vista Elementary School
Elementary · 0.8 mi away
Bautista Creek Elementary School
Elementary · 1.9 mi away
Imagine Schools Hemet
Elementary · 1.9 mi away
Noli Indian School
Secondary · 2.1 mi away
Hemet Adventist Christian School
School · 2.3 mi away
Charleton Academy
School · 2.4 mi away
Little Lake Elementary School
Elementary · 2.6 mi away
St Jude Mission School
School · 2.8 mi away
Dartmouth Middle School
Secondary · 3.1 mi away
Jacob Wiens Elementary School
Elementary · 3.1 mi away
College Preparatory High School
School · 3.1 mi away
Hemet High School
Secondary · 3.2 mi away
St John's School
Elementary · 3.6 mi away
Ramona Elementary School
Elementary · 3.6 mi away
Park Hill Elementary School
Elementary · 3.6 mi away
North Mountain Middle School
Secondary · 3.7 mi away
Estudillo Elementary
Elementary · 4.0 mi away
Springs Charter Schools
Elementary · 4.1 mi away
Baptist Christian School
School · 4.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 43554 Amazon Street, Hemet, CA | $619,000 | 5 | 3 | 2,862 |
| 561 N Palm, Hemet, CA | $619,900 | — | — | 3,600 |
| 44618 State Highway 74, Hemet, CA | $625,000 | — | — | 1,800 |
| 44618 State Highway 74, Hemet, CA | $625,000 | — | — | 1,800 |
| 40330 Indian Tree St, Hemet, CA | $625,000 | 3 | 2 | 2,398 |
| 27830 Hemet Street, Hemet, CA | $629,000 | 3 | 2 | 2,498 |
Moving Cost Estimate
EXIT Agents in Hemet
Listing Courtesy: Your Home Selling Pros - 951-445-0691
Presented by: David Limon
Licensed in the state of California.