Property summary
This exceptional 10-acre parcel of land is situated southwest of Bluff Street in Banning, California, zip code 92220. Currently zoned as Open Space, this property presents a unique opportunity for various development possibilities. The asking price is $225,000, translating to $25,000 per acre. The Open Space zoning designation allows for the preservation of natural resources, including water, biological features, and ridgelines. It also accommodates areas with flooding or geotechnical hazards. This zoning may permit features such as non-motorized vehicle trails, roads, and passive parks. The property's location offers potential for a variety of uses within the confines of the Open Space designation. Given its size and location, this land presents a compelling investment opportunity in the desirable Riverside County area. The property is conveniently located near Banning, California, providing easy access to local amenities and transportation routes. Detailed zoning information is available upon request. This is a rare opportunity to acquire a substantial land holding in a growing area.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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