for sale
Development Site
3850 Florida Ave Hemet, CA 92545
Investment Highlights
- Shovel-ready 80-room Holiday Inn Express in Hemet, CA
- All architectural, MEP, and structural plans included with sale
- 1.59-acre site with 88 parking spaces
- IHG-branded project in growing Riverside submarket
- Fully entitled and ready for immediate construction
- Only Holiday Inn Express within a 15 miles radius
Property Description
NewGen Advisory presents a shovel-ready hotel development opportunity in Hemet, California. This 80-room, four-story Holiday Inn Express is ready to build and fully entitled. The property sits on 1.59 acres and includes 88 parking spaces. Amenities include a pool, fitness center, and smoke-free rooms—all meeting Holiday Inn Express standards.
The Riverside Surrounding submarket 12-month performance as of October 2025 is: Occupancy at 61.8%, ADR at $126, and RevPAR at $78. The Riverside Surrounding submarket 12-month performance as of October 2025 for upscale and upper midscale is: Occupancy at 70.7%, ADR at $142.60, and RevPAR at $100.83.
All plans are complete and included with the sale. This includes architectural, electrical, mechanical, plumbing, and structural designs. The project is positioned to serve both business and leisure travelers in the growing Inland Empire region.
Location Description
Hemet is located in the San Jacinto Valley in Riverside County. The city offers natural beauty, easy access to Southern California, and a relaxed suburban setting.
Nearby Diamond Valley Lake provides boating, fishing, and hiking. The area’s mild climate and affordable land attract new residential and commercial projects.
Local attractions include the Ramona Bowl Amphitheatre and the Western Science Center. With steady growth and an expanding downtown, Hemet is becoming a desirable destination for tourism, recreation, and hospitality investment—bridging the tranquility of the valley with the convenience of Southern California’s major corridors.
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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Ryan Bodine
Senior Vice President
AZ #BR661940000
(480) 236-9918
ryan.bodine@newgenadv.com
Jigar “Jay” Desai
Senior Vice President
AZ #SA675144000
(520) 664-4091
jigar.desai@newgenadv.com
Kishan Gohel
Senior Vice President
AZ #SA684403000
(480) 766-6014
kishan.gohel@newgenadv.com
BROKER OF RECORD
Andrew Post
NewGen Advisory CA, Inc
CA #1960611