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44518 Florida Ave
Hemet, CA 92544 Outer San Jacinto

$799,900 USD

Specialty For Sale  •  1,024 SF

Property Details

• Property Type Specialty
• Total Building Size 1,024 SF
• Lot Size 1.52 AC
• Year Built 1958
• Cap Rate 10.50 %
• Zoning C2

50 Transit Score

10 Walk Score

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

Property Flyers

Offer Memorandum - 44518 Florida Ave

Financial Summary (Actual)

Net Operating Income: $84,000 USD (2025)

Cap Rate:

10.50 %

Public Transportation

Airport	Drive	Walk	Distance
Palm Springs International	60 min	-	49.3 mi