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    OFF-MARKET
    Land

    0 Lincoln St, Banning, CA 92220

    14.26 ac lot
    Property ID
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    Property summary
    AI-generated overview

    This exceptional 14.26-acre parcel in Banning, California, presents a remarkable opportunity for high-density residential development. Located at the southeast corner of Lincoln Street and Woodland Avenue, this flat, raw land boasts a Very High Density Residential (VHDR) zoning designation, allowing for 24-30 dwelling units per acre. The property's strategic location offers easy access to the nearby Interstate 10 freeway, experiencing high daily traffic volume. Banning's recent growth, including new housing developments, retail centers, and businesses, underscores the strong demand for housing in the area. This "by-right" development opportunity allows for multifamily residential construction without the need for additional zoning approvals. The property's APN is 538-250-004

    Property profile
    Verified
    Property type Land
    Lot 14.26 ac (621,166 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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