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1003 E Devonshire Ave — aerial view
For Sale · Active· Just Listed· Updated today

Infill Development Site · Retail Pad · 0.77 AC | Hemet, CA

1003 E Devonshire Ave, 92543 · ±0.77 AC · ±2,284 SF Building · Hemet Healthcare / Education Corridor

Asking

$1.95M

Lot

33,541 SF

Acres

0.77 AC

Building

2,284 SF

CCIM — Williams·Listed by Williams Capital Advisors·CalDRE #01979442
Francisco Williams, CCIM

The Opportunity

A 0.77-acre infill site with frontage on a high-visibility thoroughfare in Hemet's healthcare and education corridor — a strategic land play with an income-producing building already in place.

Why This Asset

A land play where the dirt — not the building — is the value.

Superior Land-to-Building Ratio

A ±2,284 SF building on a ±33,541 SF (0.77-acre) lot — the low building coverage is the point: the real value is in the land and its development optionality.

Healthcare & Education Corridor

Located in the heart of Hemet's established medical and education corridor, near hospital, clinic, and school uses that drive steady daily demand.

High-Visibility Frontage

Strong frontage along a high-traffic thoroughfare with excellent access — the visibility and circulation that retail, medical, and drive-thru users compete for.

Growth Submarket

Hemet continues to benefit from steady population growth and ongoing public and private investment in nearby medical and educational facilities.

In-Place Building While You Entitle

The existing 1999-built retail building can hold income or an owner-user during the entitlement and planning runway for a higher-and-better use.

Flexible Reuse

An efficient corner-style infill parcel suited to retail, medical-office, QSR / drive-thru, or daily-needs redevelopment, subject to verification with the City.

Property Details

±0.77 AC · ±2,284 SF building · Hemet medical / education corridor.

Asset

Address
1003 E Devonshire Ave, Hemet, CA 92543
Property Type
Retail / Land
Property Sub-Type
Infill Development Site
Year Built
1999
Stories
1

Size & Site

Building Area
± 2,284 SF
Lot Size
± 33,541 SF / 0.77 AC
Price / SF (Building)
$854 / SF
Zoning
R-P
APN
445-350-020

Location · Trade Area

Hemet · San Jacinto Valley · Devonshire Avenue medical / education corridor.

Subject Property

1003 E Devonshire Ave

Trade Area Fundamentals

Hemet anchors the San Jacinto Valley, one of Inland Southern California's steadier population-growth markets. The Devonshire corridor concentrates the city's medical, clinical, and education uses, generating dependable daytime traffic.

For a land buyer, the appeal is the basis: a low-coverage 0.77-acre parcel on a visible thoroughfare, with an in-place building to carry the hold while a higher-and-better use is planned.

Full submarket detail, traffic counts, and tenant mix included in the Offering Memorandum.

Exclusively Listed By

Williams Capital Advisors.

Institutional commercial real estate advisory led by Francisco Williams, CCIM — Senior Vice President, KW Commercial Beverly Hills.

Francisco Williams, CCIM — Williams Capital Advisors

Williams Capital Advisors · Listing Broker

Francisco Williams, CCIM

Senior Vice President

Williams Capital Advisors (CA Real Estate Corporation License #01428775) is the exclusive listing brokerage; Francisco Williams is licensed under KW Commercial Beverly Hills (CalDRE #01979442). Cooperating brokers welcome — commission terms available on request. Information herein is from sources deemed reliable but not guaranteed; buyer to independently verify lot size, zoning, entitlement, and all development assumptions with the City of Hemet.

Letter of Intent

Ready to offer? Submit your LOI.

For qualified buyers prepared to transact. Indicate your offered price, deposit, contingency periods, and source of funds. Listing brokers will respond within one business day with a counter or accept.

  • Land buyers and owner-users prioritized
  • Offers reviewed in receipt order
  • Cooperating brokers welcome — terms available on request

LOIs are routed simultaneously to all listing brokers.

Disclaimer

The information contained herein is derived from sources deemed reliable but has not been independently verified by Williams Capital Advisors or any co-listing brokerage. All financial projections, square-footage estimates, lease summaries, demographic figures, and comparable sales data are provided for illustrative purposes only and may not reflect future performance. Prospective purchasers are advised to consult their own tax, legal, and financial advisors and to independently verify all information prior to making any investment decision. Neither Williams Capital Advisors (CA Real Estate Corporation, License #01428775), any co-listing brokerage, the Property Owner, nor their respective representatives assume liability for errors, omissions, or decisions made in reliance on this information. This listing page does not constitute an offer, solicitation, or legal obligation; any transaction is subject to a fully-executed Purchase and Sale Agreement. Cap rate, NOI, and underwriting assumptions shown in the on-page Valuation Calculator are illustrative only and do not constitute investment advice. Cooperating brokers welcome — commission terms outlined in the Offering Memorandum.

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