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    OFF-MARKET
    Mixed-use properties

    0 Wesley St, Banning, CA 92220

    468,270 SF 10.76 ac lot Built 1944
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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