$4,573,800
For Sale

Highway 74

Hemet, CA 92545
7.00 acres | #IV23148346
Listing OfficeCOLDWELL BANKER COMMERCIAL SC
Browse 3 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

The subject property consists of approximately 7 acres of commercially zoned land at the SWC of Highwat 74 and California Avenue. The proposed
use for the property includes a self-storage facility, gas station and convenience store, car wash, and two fast food lots. All acreages included in the proposed site map on the following page are approximate as the property currently has no entitlements or approved plans. In terms of the property’s location, it is directly across the street from the Four Seasons at Hemet which is an active adult community consisting of 1,106 homes. Additionally, it is a few miles from various new home communities in Winchester and has approximately 1,200 feet of frontage on Highway 74 which has traffic counts of 35,000+ cars per day. The remaining +/- 15 acres of this 22-acre parcel is proposed for single-family homes with a density of 4 units per acre. The 7 acres included in this offering can be purchased as a whole or in portions depending on the desired use.

  • Property Details
      • Lot DescriptionCornerLot, ValueInLand
      • Original List Price$4,573,800
      • MLS #IV23148346
      • MLS #IV23148346
      • CountyRiverside
      • Property TypePurchase
      • Cost4573800
      • Utility SourcePublic
      • Property SubtypeLand
      • Acres7

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
%
20.0%

Interest Rate

%
5.0%

Tax Rate

%
1.3%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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