For sale · Active

0 Highway 74

Hemet, CA 92545

$4,573,800
Lot size7 acres
Property typeLand
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Listing broker / agent: COLDWELL BANKER COMMERCIAL SC · BRANDON SUDWEEKS · 951-442-3763 · CRMLS

MLS # IV23148346 · Last checked Oct 19, 2026 14:22 UTC

About this property

The subject property consists of approximately 7 acres of commercially zoned land at the SWC of Highwat 74 and California Avenue. The proposed use for the property includes a self-storage facility, gas station and convenience store, car wash, and two fast food lots. All acreages included in the proposed site map on the following page are approximate as the property currently has no entitlements or approved plans. In terms of the property’s location, it is directly across the street from the Four Seasons at Hemet which is an active adult community consisting of 1,106 homes. Additionally, it is a few miles from various new home communities in Winchester and has approximately 1,200 feet of frontage on Highway 74 which has traffic counts of 35,000+ cars per day. The remaining +/- 15 acres of this 22-acre parcel is proposed for single-family homes with a density of 4 units per acre. The 7 acres included in this offering can be purchased as a whole or in portions depending on the desired use.

Property details

MLS number
IV23148346
Status
Active
Type
Land
Lot size
7 acres
County
Riverside
More property detailsExpandCollapse

Listing

Days on market
1,141

Exterior & parking

Lot features
Corner Lot, Value In Land
Property outlook
None

Utilities & community

Water
Public
Community features
Urban

Fees & lease terms

Association
No
Association fee
$0.00
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Cawston Elementary (school website, opens in a new tab) Hemet Unified · Hemet Not reported 2.4 mi
Rancho Viejo Middle (school website, opens in a new tab) Hemet Unified · Hemet 6–8 2.5 mi
Harmony Elementary (school website, opens in a new tab) Hemet Unified · Hemet K–5 2.5 mi
Tahquitz High (school website, opens in a new tab) Hemet Unified · Hemet 9–12 2.6 mi
West Valley High (school website, opens in a new tab) Hemet Unified · Hemet 9–12 2.9 mi
Fruitvale Elementary (school website, opens in a new tab) Hemet Unified · Hemet Not reported 3.2 mi
Winchester Elementary (school website, opens in a new tab) Hemet Unified · Winchester Not reported 3.4 mi
Megan Cope Elementary (school website, opens in a new tab) San Jacinto Unified · San Jacinto Not reported 3.7 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$4,573,800
MLS-reported original asking price
$4,573,800
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 06:59$4,573,800

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Hemet

Active residential homes for sale in Hemet, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings450Current authorized inventory
Median asking price$419,950450 listings with a valid price
Median asking price / sq ft$253.56421 listings with confirmed sq ft
Median days on market24.5450 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction60
Listings with an increase3

63 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-19 14:56 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

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Loan assumptions and ownership costs

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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