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Property profile

2 Adjacent Land Sites Banning, CA 92220

OFF-MARKET
Land
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4.51 ac lot

Property summary

AI-generated overview

This exceptional 4.51-acre commercial land parcel presents a unique investment opportunity in Banning, California. Located in the 92220 zip code, this property consists of two adjacent sites with a combined area of 4.51 acres. The APN numbers are 418-250-007 (2.40 acres) and 418-250-007 (2.11 acres). The permitted zoning allows for Industrial and Community Commercial uses. Specific zoning requirements should be verified independently. Potential uses may include truck stops and terminals, subject to obtaining the necessary Conditional Use Permits. This property benefits from its close proximity to the 10 Freeway, offering excellent accessibility and transportation links. Furthermore, the site is adjacent to a significant ongoing industrial development project, encompassing approximately 505,000 square feet across roughly 20 acres, suggesting strong potential for future growth and synergy in the area. This presents a compelling opportunity for developers and investors seeking a strategically located industrial land parcel with considerable development potential. The property is for sale.

Property profile

Verified
Property type Land
Lot 4.51 ac (196,456 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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