1035 Ramsey StBanning, CA 92220

Property Details for 1035 Ramsey St

Year built

1983

Construction

WOOD

Lot size

0.65 AC

Property size (Sq ft)

5,355 SF

Zone code

C2

Property type

Retail properties

Property subtype

Retail space

APN

540-125-030

APU

540125030

Description

Thunderbird Plaza, located at 1035 W Ramsey St, Banning, CA 92220, presents a unique investment opportunity. This single-story, 9,100 square foot Class B building, constructed in 1992 and renovated in 2010, offers a blend of traditional, medical, and executive office spaces. Currently, there are nine suites available within the building, with 730 square feet of vacant space ready for immediate occupancy. The property is situated in the Beaumont submarket and zoned for Office, Retail, and Specialty uses, providing flexibility for a variety of businesses. The building's address is conveniently located near 8th Street. Available spaces range from approximately 1,012 to 1,300 square feet. One vacant suite features three separate rooms, a bathroom, and a kitchen, ideal for a small business seeking a professional and functional workspace. The property's location in Banning, CA offers excellent access to local amenities and transportation routes. The Assessor's Parcel Number (APN) is 540-125-030. This is a multi-tenant building offering a diverse range of opportunities for businesses seeking a well-maintained and conveniently located office space in the thriving Banning area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,163,503

  6.5%

  $1,997,079

  7%

  $1,854,431

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,367,256

  Geo Method

  $4,749,694

• Alternative Use

  Use

  Valuation

  Residential

  $1,684,611

  Hospitality

  $1,543,095

  Educational

  $1,283,837

  Medical

  $1,327,990

  Retail

  $1,997,079

Location Insight

City

Banning

County

Riverside

State

California

Latitude

33.9257

Longitude

-116.888

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.