Technical
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Property profile

1550 Ramsey St Banning, CA 92220

OFF-MARKET
Investment properties
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Property summary

AI-generated overview

This thriving automotive repair and tire shop located at 1550 Ramsey, Banning, CA, presents a unique business opportunity. Priced at $980000, this turnkey operation includes all necessary tools, equipment, a substantial inventory of new and used tires, and a selection of parts. The business boasts a strong customer base and an enviable reputation within the community, ensuring a smooth transition for a new owner. Included in the sale are essential tools, a wheel balancer, tire machine, two lifts, four-port racks, and a forklift, among other valuable assets. The current owner also owns the building, offering a potential opportunity to negotiate a favorable lease or purchase agreement upon acquisition of the business. This presents a rare chance to acquire an established, profitable business with significant existing infrastructure and a loyal clientele. The business is ready to operate immediately, minimizing start-up costs and maximizing potential returns. Serious inquiries are encouraged to explore this exceptional investment opportunity further. The sale includes all hand tools and existing inventory. This is a well-established business with a proven track record of success in the Banning area. The property is located at a convenient address with good visibility.

Property profile

Verified
Property type Investment properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop

Location

1550 Ramsey St Banning, CA 92220
Banning metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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