1115 W Ramsey St Banning, CA 92220
- Office buildings
- 544 SF
- 0.14 lot acres
Current Use by Public Records
- Smart Savings Auto Insurance / Auto Insurance Agency
- Sahara Insurance / Insurance Agency
- Anchor Insurance Co / Insurance Agency
- appliances 4 you / Appliance Store
- U-Haul Neighborhood Dealer / Trailer Rental Service / Van Rental Agency
Property Details for 1115 W Ramsey St
- Year built
- 1954
- Construction
- WOOD
- Lot size
- 0.14 lot acres
- Property size
- 544 SF
- Zone code
- C2
- Property type
- Office buildings
- APN
- 540-125-005
- APU
- 540125005
Description
This exceptional 500-square-foot office building presents a fantastic opportunity for business owners seeking a prominent location in the heart of downtown Banning, California. Situated on a 0.14-acre lot at 1115 Ramsey Street, this property boasts excellent street visibility and frontage, ideal for signage and attracting customers. The building itself features a recently updated private bathroom, adding a touch of modern convenience. The secure asphalt parking lot offers ample space and convenient access from multiple sides, ensuring ease of use for both employees and clients. This property is perfectly suited for use as an office or showroom/store, offering a blend of functionality and prime location. The high-traffic location on busy Ramsey Avenue guarantees significant exposure to potential customers. Forget the expense and limitations of renting
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $175,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $215,000
- 6.5%
- $220,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $200,000
- Geo Method
- $220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $210,000
- Retail
- $195,000
- Mixed-Use
- $220,000
- Hospitality
- $215,000
- Educational
- $170,000
- Residential Income
- $230,000
- Energy
- $190,000
- Income-Based Land
- $205,000
- Food Service
- $225,000
Location Insight
- Map
- Local Demand
- City
- Banning
- County
- Riverside
- State
- California
- Longitude
- -116.889
- Latitude
- 33.9257
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
