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Property profile

0 Lincoln St Banning, CA 92220

OFF-MARKET
Land
View Sample
14.26 ac lot

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

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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