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Financial
Distress signals
Property profile

553 Ramsey St Banning, CA 92220

OFF-MARKET
Turn key restaurants
Property ID
US09-0344292
784 SF 0.13 ac lot Built 1967
Last sale Jan 2024 · $965,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 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 development land parcel totaling 2.12 acres with street-to-street frontage on a busy main street extending from Ramsey to Williams. The site is located in Banning, just east of the Banning Municipal Courthouse project, near downtown and close to Interstate 10, within the city’s traditional commercial core. Based on public remarks for the district, the area is intended primarily for small-scale commercial retail and office uses, services, restaurants, and entertainment-oriented…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$1k
Tax billed · 2024
Assessed value$103k
Assessed land$44k
Assessed improvement$59k
Effective rate1.44%

Value estimate

· Oct 2026
$965k
$869k – $1.06M
AI approach$965k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$621/SF
County average, outlier-cleaned · 244 recorded sales of this use type
Observed band · Q1–Q3$264 – $1,116
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency17.6
Parking Facility11.5
Hair Salon11.2

Location

553 Ramsey St Banning, CA 92220
County assessor Recorded deeds · 5 transfers 3 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1041 Calimesa, Banning, CA 92220 $1,000,000 May 2025 602 SF
1043 Calimesa, Banning, CA 92220 $1,000,000 May 2025 1,124 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
3724 Ramsey, Banning, CA 92220-3512 $435,000 May 2023 900 SF
5600 Ramsey, Banning, CA 92220-3057 $415,000 May 2023 864 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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