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    Commercial Zoning Residential Income Property Title is generated by Realmo AI

    3378 W Ramsey, Banning, CA 92220

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    For Sale
    $355,000

    Commercial Sale - Banning, CA

    Property size:
    1,572 SF
    Price / SF:
    $225/SF
    Added:
    Apr 7, 2026
    Days on Market:
    68
    Last Refresh:
    Jun 13 at 7:06 am

    Property Features for 3378 W Ramsey

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    537090033
    Size
    1,572 SF

    Utilities

    Cooling system
    Evaporative Cooling

    Building Details

    Year built
    1946
    Architectural style
    Other

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    Listing Contact
    MIKKI BLOOMER
    MIKKI BLOOMER

    Listing agent MIKKI BLOOMER License #00876920

    Listing office Mountain View Associates Real Estate 1265 W RAMSEY, Banning, CA

    Listing date Apr 7, 2026

    MLS# IV26074669 Listing URL

    Copyright © 2026 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.

    HighLights

    • Commercial zoning with I‑10 visibility
    • Located directly across the street from a shopping center
    • New hotel under construction in the immediate neighborhood
    • Great potential for business start‑up
    • Existing structure currently used as a residential structure
    • Year Built: 1946

    Overview

    The property is a single-site commercial-zoned asset with an existing structure built for and currently being used as a residential structure. The listing indicates the home is set up for residential occupancy, despite the Commercial zoning designation. This combination may support a range of redevelopment or conversion discussions, depending on how you plan to utilize the site.

    The address is 3378 W Ramsey in Banning, California, and the property is described as having I-10 visibility. It is located directly across the street from a shopping center, and the immediate neighborhood includes a new hotel under construction.

    For owners or buyers looking for a commercial-zoned site with roadside visibility, the current residential configuration provides an immediately tangible improvement while plans are developed. The location context—shopping center adjacency across the street and ongoing hotel construction nearby—may be relevant for tenants or operators assessing where to establish or expand their business presence. Interested parties should review zoning and permitting requirements for the specific business use they have in mind, given the property’s commercial zoning and current residential use.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $47.2k $30.00
    − Vacancy −$896 −$0.57
    EGI $46.3k $29.43
    − OpEx −$20.8k −$13.24
    NOI $25.4k $16.19
    1,572 SF · lease $30.00/SF/yr · vacancy 1.90% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $363.5K
    $318.1K – $424.1K (±1% cap)
    NOI $25,445 @ 7.0% cap · market cap 7.17%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $470.9K
    $412.1K – $549.4K (±1% cap)
    NOI $32,966 @ 7.0% cap · market cap 9.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Banning
    County
    Riverside
    State
    California
    Longitude
    -116.913736
    Latitude
    33.9253565

    FAQs

    What type of property is this?
    Single family property - Commercial-zoned property with I-10 visibility, currently operating as a residential structure.
    Where is this single family property located?
    The property is located at 3378 W Ramsey Banning, CA.
    What is the asking price?
    The asking price for this property is $355,000.
    What are key features of this property?
    This property features: Commercial zoning with I‑10 visibility; Located directly across the street from a shopping center; New hotel under construction in the immediate neighborhood
    More about this property
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