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Property profile

0 Wesley St Banning, CA 92220

OFF-MARKET
Mixed-use properties
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468,270 SF 10.76 ac lot Built 1944

Property summary

AI-generated overview

This exceptional 10.76-acre property, located at 0 Wesley St, Banning, CA 92220 (APN 532180055), presents a rare opportunity for a variety of commercial ventures. The expansive 468,270 square foot lot is zoned for mixed-use development and offers significant potential for a ranch, equestrian facility, or home-based business. The property includes a beautifully landscaped home situated on the front corner, leaving the majority of the land available for development. Built in 1944, this property benefits from its strategic location in the desirable southeast quadrant of Banning, offering convenient access to the 60 Freeway via a nearby off-ramp. The property is situated at the end of a paved cul-de-sac, providing a peaceful setting while maintaining easy accessibility. The asking price is $1,600,000, translating to $1,183.43 per square foot. This unique offering combines the tranquility of a secluded location with the convenience of proximity to major transportation routes, making it an ideal investment for discerning buyers seeking a large-scale commercial development opportunity in a desirable location. The property's size and zoning provide ample flexibility for a wide range of commercial uses. Don't miss this chance to acquire this substantial parcel of land in a thriving area.

Property profile

Verified
Property type Mixed-use properties
Year built 1944
Total area 468,270 SF
Lot 10.76 ac (468,706 SF)

Cap rate & NOI

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

Value estimations

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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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