(949) 789-4555
The Hemet Stock Farm
THE HEMET STOCK
FARM
City of Hemet
THE OPPORTUNITY
The subject is a unique infill opportunity for entitlement and higher density detached
residential development in the city of Hemet. The 35.84 acre property is located at the NW
corner of State St & Devonshire in the heart of the city. Its strategic position just ¼ mile from
Florida Ave/Hwy-74 provides convenient access to a variety of retail, dining, entertainment and service amenities, making it a prime location for a new residential community. The property is zoned “Planned Community Development (PCD)” within the Downtown Hemet Specific Plan, which offers greater flexibility in site design, density and housing unit options. This zoning is intended to provide necessary public facilities, open space and a functional, well balanced community. Given the property’s historical significance, a few existing buildings and trees will likely be preserved and integrated into the development as the park/open space requirement. Additionally, the city has expressed interest in complementary commercial use, such as a hotel at the NE corner and live-work townhomes along the frontage of State St.
PROPERTY HIGHLIGHTS
- 200+/- residential homesites.
- Infill location.
- Flexible for at least two product types.
- Ability for Buyer to incorporate its shelf product into site/development planning.
- Plentiful retail, dining, entertainment, service and recreational amenities.
- Depleted lot inventories in French Valley, Menifee, Murrieta, Temecula, and coastal communities.
