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501 N Palm Avenue, Hemet, CA 92543

Local realty services provided by:CENTURY 21 Sierra Properties
501 N Palm Avenue,Riverside, CA 92543
$200,000
  • 0.29 Acres
  • Lots / Land
  • Active
Listed by: david limon
Office: your home selling pros
MLS#:CRSW26021463
Source:CA_BRIDGEMLS

Price summary

  • Price:$200,000

About this home

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

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Home facts

  • Listing ID #:CRSW26021463
  • Added:1 day(s) ago
  • Updated:January 30, 2026 at 02:30 AM

Structure and exterior

  • Lot area:0.29 Acres

Finances and disclosures

  • Price:$200,000

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