Financial
Distress signals
Property profile

3724 W Ramsey St Banning, CA 92220

FOR SALE
Retail space
Property ID
US09-1029527
900 SF 0.4 ac lot Built 1934
Last sale May 2023 · $435,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 900 sq. ft. commercial building situated off the I-10 Freeway between two on/off ramps, near Stagecoach Plaza Shopping Center. It is zoned C2 (Community Commercial District), which permits uses such as retail, restaurants, offices, showrooms, and specialty businesses. The building is configured with an open floor plan, two private offices, a restroom, and a basement that provides additional storage space.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$444k
Assessed land$179k
Assessed improvement$265k
Effective rate1.39%

Value estimate

· Sep 2026
$460k
$414k – $506k
AI approach$460k
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$1k
Operating expenses−$6k
NOI · 2.15% cap applied$13k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$308/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$104 – $416
Qualifying comparables5

Cap rate analysis

How does the asset earn?
2.15%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C2
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency28.3
Law Firm22.0
Spa & Massage18.5

Location

3724 W Ramsey St Banning, CA 92220
County assessor Recorded deeds · 17 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1043 Calimesa, Banning, CA 92220 $1,000,000 May 2025 1,124 SF
1041 Calimesa, Banning, CA 92220 $1,000,000 May 2025 602 SF
45 1st, Banning, CA 92220-4801 $787,000 May 2024 1,400 SF
1512 Ramsey, Banning, CA 92220-5905 $430,000 Jul 2023 1,296 SF
5600 Ramsey, Banning, CA 92220-3057 $415,000 May 2023 864 SF
4894 Ramsey, Banning, CA 92220-3301 $226,000 Oct 2022 1,120 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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