0 Wesley St, Banning, CA 92220
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.