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Street View
Listed by: David Limon (951) 445-0691 DRE #00908480 | Your Home Selling Pros (951) 447-4748
$169,900
Monthly Est:$846
-- Bed
- -- Bath
12,632sqft lot
501 N Palm Ave, Hemet, CA 92543
$169,900
$846/moEst:
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Land
Built in -
$-- HOA
12,632 sqft lot
$13/sq.ft
Description
Excellent Opportunity for Owner-User or Investor. Rare opportunity to acquire a versatile commercial lot (Zoned C-2 General Commercial) with strong income potential and value-add upside. Situated on a generous 12,632-square-foot parcel, this property offers flexible use options ideal for an owner-operator looking to secure their own space or an investor seeking future appreciation and cash flow.
The property may be purchased with a 3,600SF (40’x90”) metal building for an additional $75,000, providing an efficient and cost-effective solution for immediate occupancy or lease-up. With targeted improvements, the property offers a projected 8.42% cap rate, making it well-suited for a value-add or repositioning strategy. Ample lot size allows for a wide range of commercial or industrial uses, expansion potential, outdoor storage, or operational flexibility. Whether you’re looking to operate your business, expand an existing operation, or enhance returns through improvements, this property delivers both current utility and long-term upside.
Ideal for owner-users, investors, or entrepreneurs seeking flexibility, income potential, and future growth.
- Houzeo last checked: 12 minutes ago
- Listing updated: September 25, 2026 at 7:04 pm
- Source: California Regional MLS-CA | MLS#: SW26021463

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
12,632 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SW26021463
MLS Status
Active
Days on Market
13
Cumulative Days on Market
187

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Water Source
See Remarks
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Other Features
Lot Features
Level, Paved, Street Level
Community Features
Street Lights, Suburban
Price History
| Date | Event | Price |
|---|---|---|
09/25/2026 Source: | Listed for Sale | $169,900 $0/sqft |
05/30/2026 Source: | Off Market | $169,900 -15.05% $0/sqft |
01/29/2026 Source: | Listed for Sale | $200,000 -75.43% $0/sqft |
08/17/2012 Source: | Sold | $814,000 $0/sqft |
Nearby Homes
Find Homes by Property Features in Hemet, CA
Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 09:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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