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44518 State Highway 741 / 5 · Click to zoom

About this home

Prime 1.54-Acre Retail Corner - Zoned for Cannabis Dispensary & Cultivation with Shopping Center Upside! Seize this rare and exceptional opportunity to acquire a premier 1.54-acre commercial corner lot in Hemet under Riverside County jurisdiction, strategically zoned CPS (Commercial Retail). This highly versatile zoning unlocks an array of lucrative business uses, most notably a fully permitted zone for Cannabis Dispensary Operations and Cultivation. With premium retail-zoned parcels in high-demand areas becoming increasingly scarce, this asset represents a goldmine for both operators looking to launch quickly and investors seeking a high-yield, recession-resistant asset. Boasting massive street frontage and exceptional visibility, the expansive lot offers ample space for immediate development and future expansion. Capitalize on the property's immense upside potential by developing a multi-tenant shopping center to secure diverse, long-term rental income streams. Whether you want to establish a flagship cannabis operation, build a thriving retail hub, or hold a rare piece of commercial real estate with massive appreciation potential, this property delivers on every front. Don't miss out on one of the most versatile and valuable commercial lots on the market today!

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Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$475,000 · Jan 2019
📋 Assessed value$865,943
💵 Annual tax$9,687
🏫 School districtHemet Unified School District

MLS #SW25185002

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$5,450
Principal & interest$4,399
Property tax$797
Home insurance$254
Down payment: $173,980Loan: $695,920

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.