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State Highway 74 & Franklin Ave

3.91 Acres of Commercial Land Offered at $1,268,636 CAD in Hemet, CA 92545

Investment Highlights

  • Approximately 3.91 Acres for Commercial Development Along Highway 74
  • Immediately adjacent to a planned residential development for over 180 lots
  • Located within Green Acres along Highway 74 and less than half a mile to the 79 Freeway
  • Zoning allows for a variety of uses, including general retail, auto repair and servicing, gas station, RV Parks, and more with use permits

Executive Summary

The subject property is approximately 3.91 acres of vacant land within the Harvest Valley/Winchester Area Plan. Zoning allows for a variety of uses such as single-family, agriculture, guest ranches, motels, golf and driving ranges, auto service and repair, gas stations, retail, offices, and more. The surrounding area consists of single-family residential and retail uses.

Property Facts

Price $1,268,636 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Auto Repair
Total Lot Size 3.91 AC

1 Lot Available

Lot

Price $1,268,636 CAD
Price Per AC $324,459 CAD
Lot Size 3.91 AC

3.91 acres at NWC Highway 74 & Franklin Ave

Description

The subject property is located on the northwest corner of Highway 74 and Franklin Ave in Hemet, CA. It is less than half a mile from the 79 Freeway, and approximately 6.8 miles from I-215

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 458-091-005
  • 458-091-008
  • 458-091-009
  • 458-091-007
  • 458-091-006
Land Assessment
$278,899 CAD
Improvements Assessment
$0 CAD
Total Assessment
$278,899 CAD

zoning

Zoning Code R-R
R-R
  • Listing ID: 27469631

  • Date on Market: 2023-01-09

  • Last Updated:

  • Address: State Highway 74 & Franklin Ave, Hemet, CA 92545

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