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44518 State Highway 74 1,024 SF Specialty Building Offered at $1,355,722 CAD at a 18.37% Cap Rate in Hemet, CA 92544
INVESTMENT HIGHLIGHTS
- • Zoned for Cannabis Dispensary & Cultivation – ready for business launch.
- • Expansion Potential – large 1.52 acre lot with room to build a shopping center for extra cash flow.
- • County-Submitted Plans Included – dispensary & cultivation center plans transfer to buyer.
EXECUTIVE SUMMARY
Prime Cannabis Dispensary & Cultivation Opportunity in Rare Location!
Seize this exceptional chance to own a property in one of the few prime areas zoned for cannabis dispensary operations. Plans for a dispensary and cultivation center have already been submitted to the county and will transfer to the buyer, saving you valuable time and resources. The property offers ample space for expansion, with the potential to develop a shopping center for additional income streams and long-term value growth. With premium retail-zoned locations becoming increasingly scarce, this is not only a lucrative business opportunity but also a solid investment in a high-demand industry. Whether you’re an operator looking to launch quickly or an investor seeking a rare asset with strong upside potential, this property delivers on both fronts.
Seize this exceptional chance to own a property in one of the few prime areas zoned for cannabis dispensary operations. Plans for a dispensary and cultivation center have already been submitted to the county and will transfer to the buyer, saving you valuable time and resources. The property offers ample space for expansion, with the potential to develop a shopping center for additional income streams and long-term value growth. With premium retail-zoned locations becoming increasingly scarce, this is not only a lucrative business opportunity but also a solid investment in a high-demand industry. Whether you’re an operator looking to launch quickly or an investor seeking a rare asset with strong upside potential, this property delivers on both fronts.
PROPERTY FACTS
| Price | $1,355,722 CAD | Lot Size | 1.52 AC |
| Price Per SF | $1,323.95 CAD | Building Size | 1,024 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 18.37% | Year Built | 1958 |
| Property Type | Specialty | ||
| Zoning | C2 - In the green zoned. Zoned for Cannabis dispensary. | ||
| Price | $1,355,722 CAD |
| Price Per SF | $1,323.95 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 18.37% |
| Property Type | Specialty |
| Lot Size | 1.52 AC |
| Building Size | 1,024 SF |
| No. Stories | 1 |
| Year Built | 1958 |
| Zoning | C2 - In the green zoned. Zoned for Cannabis dispensary. |
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PROPERTY TAXES
| Parcel Number | 548-092-037 | Improvements Assessment | $837,989 CAD |
| Land Assessment | $359,137 CAD | Total Assessment | $1,197,126 CAD |
PROPERTY TAXES
Parcel Number
548-092-037
Land Assessment
$359,137 CAD
Improvements Assessment
$837,989 CAD
Total Assessment
$1,197,126 CAD
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44518 State Highway 74
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