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$749,900 -$50,100 (-6.26%) Price Reduced
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Property Description
Excellent Owner-User or Investment Opportunity!
Well-located commercial property with a current Conditional Use Permit for auto dismantling and repair, offering exceptional flexibility for a wide range of industrial and service-oriented uses. The approximately 5,700 SF building features an efficient layout with two private offices (approx. 250 SF each), each with its own restroom, plus three oversized 20' x 12' bay doors ideal for equipment access and workflow efficiency. Includes a ±1,200 SF storage area with a large sliding door adds valuable functionality. Situated on a fully fenced 20,473 SF lot, the property provides ample on-site parking and secure yard space, making it well-suited for light industrial, warehouse, contractor, automotive, or service-based operations. The building is owner-occupied and will be delivered vacant at close, creating an ideal opportunity for an owner-user or a value-add investor. With a projected 10.92%+ cap rate, this asset offers strong fundamentals, immediate usability, and long-term upside in a desirable commercial location. A rare opportunity to acquire a versatile commercial property with income potential and repositioning flexibility.
Full Property Details
Full Property Details for 571 N Palm Ave
General
- Price: $749,900
- Status: Active
- Type: Industrial
- Source: MRMLS
- MLS ID: SW26018992
- Updated: 5/30/2026
- Days on Market: 127 days
- Added to Site: 128 day(s) ago
Business
- Business Type: Warehouse, Industrial, Auto Parts, Auto Body, Auto Gla
Rooms
Other Rooms
- Laundry: None
Location
- County: Riverside
- Driving Directions: From Florida Ave, travel north on Palm Ave. The property will be on your left.
Utilities
- Utility Description: Natural Gas Connected, Electricity Connected, Water Connected
Structural Information
- # Buildings: 1
- Construction: Metal Siding
- Voltage: 440
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 5000
- Square Feet: 5,000
- Year Built: 1982
Unit Information
- Occupancy Rate: Available
Lot Features
- Lot Size (Acres): 0.47
- Useable Acres: .47
- Lot Size (Sq. Ft.): 20,473
- Lot Size Source: Assessor
- Fence: Yes
- Lot Features: Level with Street, Paved, Rectangular Lot, 0-1 Unit/Acre, Level, Lot 20000-39999 Sqft
- Lot Description: Level with Street, Paved, Rectangular Lot, 0-1 Unit/Acre, Level, Lot 20000-39999 Sqft
- Fencing (Description): Wrought Iron
Financial Considerations
- Price Per Sq. Ft.: $149
- Expenses: $10,480
- Operating Expenses: $7,650
Disclosures and Reports
- Property ID: 442030020
Listed by Your Home Selling Pros, DavidLimon
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Schools
Schools serving 571 N Palm Ave
School District:Hemet Unified School District
| Name | Grades | Distance |
|---|---|---|
Fruitvale Elementary School 2800 West Fruitvale Avenue, Hemet, CA 92545 | K-5 | 1.2 mi |
Rancho Viejo Middle School 985 South Cawston Avenue, Hemet, CA 92545 | 6-8 | 2.6 mi |
Tahquitz High School 4425 Titan Trail, Hemet, CA 92545 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 571 N Palm Ave
Date
Details
Price
Change
Source
5/30/2026
Price Reduced
$749,900
-6.26%
MLS
1/25/2026
Listed
$800,000
255.56%
MLS
12/27/2011
Sold
$225,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 571 N Palm Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,230
2%
$282,598
2%
2024
$3,168
1%
$277,058
2%
2023
$3,126
2%
$271,627
2%
2022
$3,065
2%
$266,302
2%
2021
$3,014
1%
$261,081
1%
2020
$2,972
2%
$258,405
2%
2019
$2,907
3%
$253,339
2%
2018
$2,816
1%
$248,373
2%
2017
$2,782
1%
$243,503
2%
2016
$2,761
—
$238,730
2%
2015
$2,753
5%
$235,146
2%
2014
$2,628
—
$230,541
—
2013
$2,628
—
$229,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 571 N Palm Ave
571 N Palm Avenue, Hemet, CA 92543 (MLS# SW26018992) is a Industrial property. 571 N Palm Avenue is currently listed for $749,900 and was received on January 25, 2026. Want to learn more about 571 N Palm Avenue? Do you have questions about finding other Industrial real estate for sale in Hemet/San Jacinto? You can browse all Hemet/San Jacinto real estate or contact a Coldwell Banker agent to request more information.

