Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Hoffer St Banning, CA 92220

    For Sale
    $280,000

    Land/Lot - Banning, CA

    Lot size:
    84,071.00 Acres
    Days on Market:
    407
    Last Refresh:
    Dec 9 at 10:06 pm

    Property Features for Hoffer St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R1
    APN
    534172007
    Exterior features
    Community Features Included: Street Lights
    Lot size
    84,071.00 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Time (909) 373-0880 [email protected]

    Listing agent Margarita Junak (909) 373-0880 License #01893620

    Listing date Oct 29, 2024

    MLS# CV24220602 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Banning Land/Lot Opportunity Zone

    This 1.93-acre lot in Banning, California, presents a development opportunity. The property, situated above the 10 Freeway, benefits from access at the rear. A previous owner's conceptual design included a private road with eight single-family residences. Interested parties should verify current development codes and land use with the city. Located within an Opportunity Zone, the property has utilities available in the street. The location offers the potential to construct homes in the expanding city of Banning, which supports new residential construction. The property is located within two blocks of Hoffer Elementary School and the Milo P. Johnson Center for Learning. Pass Valley Park and the Banning Park and Recreation Center are also nearby. Palm Springs is approximately a 30-minute drive away, and Morongo Valley Casino is minutes away. The location provides views of the San Gorgonio and San Bernardino Mountains.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Banning
    County
    Riverside
    State
    California
    Longitude
    -116.877785
    Latitude
    33.934157

    Nearby Similar for Sale

    • $585,000
      1,782 SF

      Updated Triplex with ADU Potential

      Well-maintained triplex with flexible units and separate utility meters.
      955 W Hays St, Banning, CA 92220
      View Details
    • $275,000
      819 SF

      Commercial Property in Downtown Banning

      Eye-catching corner property with revitalization potential in downtown Banning.
      614 W Ramsey St, Banning, CA 92220
      View Details
    • $1,440,000
      658,627.00 Acres

      Banning Ranch with Panoramic Views

      15+ acre ranch with updated homes and animal facilities.
      11055 Sunset Ave, Banning, CA 92220
      View Details
    • $280,000
      0.00 Acres

      Banning Land with Equestrian Potential

      44 acres of land suitable for equestrian or agricultural use.
      1 Cryer Rd, Banning, CA 92220
      View Details
    • $315,000

      Sun Lakes Villa in Banning

      Villa in a 55+ community with golf and amenities.
      5463 Trevino Way, Banning, CA 92220
      View Details
    • $130,000

      Banning Estates Manufactured Home

      Charming 3-bedroom, 2-bath home in a 55+ community.
      2200 W Wilson 122, Banning, CA 92220
      View Details

    FAQs

    What type of property is this?
    Land - 1.93 acre lot in Banning Opportunity Zone for sale.
    Where is this land located?
    The property is located at Hoffer St Banning, CA.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - 1.93 acre lot suitable for development in Banning.; - Located in an Opportunity Zone.; - Utilities are available in the street.
    (909) 373-0880
    Request Owner's contact information
    Hoffer St Banning, CA 92220
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Hoffer St
    Banning, CA 92220
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Hoffer St Banning, CA 92220
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.