600 E Mayberry Ave
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600 E Mayberry Ave
5.49 Acres of Commercial Land Offered at $3,995,000 in Hemet, CA 92543
Investment Highlights
- Large flat property
- Multiple access on 4 streets
- All utilities in place
- Motivated sellers
Executive Summary
Price reduced. A unique opportunity to purchase 5.49 acres in a stable residential neighborhood in the City of Hemet in Riverside County. The site is currently zoned S1 and the City is open to discuss rezoning. The site currently includes 5 buildings totaling 41,403 sf with parking for 223 vehicles and landscape improvements. The site is close to the main Florida Avenue shopping district and just 2 blocks from Acacia Street shopping.
600 E Mayberry offers an excellent opportunity to acquire an attractive site to build a multi-family, affordable housing, senior housing or assisted living project. The site has 296 feet of frontage to Buena Vista Street, 597 feet of frontage to Wesley Place, 230 feet of frontage to Thompson Street and 300 feet of frontage to East Mayberry Avenue with Buena Vista Street. The site is mostly level and slightly above street grade.
A rare 4+ acre site to quickly develop a turnkey housing project.
600 E Mayberry offers an excellent opportunity to acquire an attractive site to build a multi-family, affordable housing, senior housing or assisted living project. The site has 296 feet of frontage to Buena Vista Street, 597 feet of frontage to Wesley Place, 230 feet of frontage to Thompson Street and 300 feet of frontage to East Mayberry Avenue with Buena Vista Street. The site is mostly level and slightly above street grade.
A rare 4+ acre site to quickly develop a turnkey housing project.
Property Facts
| Price | $3,995,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.49 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $3,995,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.49 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $3,995,000 | Lot Size | 5.49 AC |
| Price Per AC | $727,687 |
| Price | $3,995,000 |
| Price Per AC | $727,687 |
| Lot Size | 5.49 AC |
Existing Church on site.
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,884,701 | |
| Land Assessment | $177,493 | Total Assessment | $3,062,194 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$177,493
Improvements Assessment
$2,884,701
Total Assessment
$3,062,194
zoning
| Zoning Code | S1 (Religious zoned Religious, City of Hemet may consider re-zoning.) |
| S1 (Religious zoned Religious, City of Hemet may consider re-zoning.) |
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600 E Mayberry Ave
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