44518 Florida Ave - Specialty FOR SALE


Hemet, CA 92544- Outer San Jacinto
$869,900 USD
951-445-0691
44518 Florida Ave, Hemet, CA for Sale
$869,900 USD
Specialty - FOR SALE
1/7
null | 9.66% Cap Rate

44518 Florida Ave
Hemet, CA 92544
Outer San Jacinto


HIGHLIGHTS

  • • Rare Cannabis Zoning: Situated within the Riverside County CPS zone, allowing for highly coveted retail cannabis dispensary operations & cultivation
  • • Premium Corner Location: Strategic corner-lot positioning offering exceptional visibility, massive street frontage, and optimal ingress/egress point
  • • Significant Development Scale: 1.54 Acres (±66,211 SF) of flat, usable land providing ample footprint for a flagship facility, expansive parking
  • • Value-Add / Income Upside: Phenomenal potential to develop a strip center or shopping mall, allowing investors to diversify
  • • Perfectly suited for cannabis owner-operators looking to establish a footprint rapidly, or commercial developers seeking a high-yield retail project
  • • High-Barrier-to-Entry Asset: Premium retail-zoned land permitting cannabis use is increasingly scarce, making this a highly liquid asset

OVERVIEW

Prime 1.54-Acre Retail Corner | Rare Riverside County CPS Zoning | Permitted Cannabis Dispensary & Cultivation Site with Shopping Center Development Upside Property Overview: Presenting an exceptional commercial real estate investment opportunity: a high-visibility, 1.54-acre (approx. 67,082 SF) prime corner parcel situated in a rapidly growing corridor of Riverside County. Featuring versatile CPS (Commercial Retail) zoning, this property is uniquely positioned as a fully permitted zone for both Cannabis Dispensary Operations and Cultivation. With "Green Zone" commercial retail properties facing increasingly strict local buffers and severe scarcity, this asset offers immediate, high-barrier-to-entry positioning for a flagship cannabis operator or a developer looking to secure a premium credit tenant. The expansive acreage and strategic corner layout provide unmatched street frontage and high traffic counts, offering the scale required for a substantial multi-tenant retail development. Investors can capitalize on immediate cannabis operations while simultaneously planning a phased shopping center development to generate diverse, long-term NNN lease income streams. Whether executing an owner-user strategy, looking for a rapid-launch cannabis site, or seeking a rare land asset with explosive appreciation and cash-flow potential, this property ticks every box for institutional and private capital alike.

FOR SALE DETAILS

PRICE

$869,900 USD

PRICE/SF

$850 USD /SF

CAP RATE

9.66%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

C2

APN/PARCEL ID

548-092-037

ASK ABOUT THIS PROPERTY

David LimonHIPACK Realty GroupMore Info
951-445-0691

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David LimonHIPACK Realty GroupMore Info
951-445-0691

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.