Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Retail space
12 San Gorgonio Ave Banning, CA 92220-6005
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3153560
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
WOOD
Total area
3,874 SF
Lot
0.08 ac (3,484 SF)
Zoning code
C2
APN
541-181-029
UPID
US10-3153560
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Top Solutions Cooling & Heating HVAC Service General Contractor
-
Bethel Law Corporation Law Firm
-
MaidQuick Hardware & Home Improvement
-
Skin Mage Spa & Massage Center
-
Banning Beaumont Cabazon TAXI Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$699k
Blend (final)
Blend
$560k
Owner & transaction history
M J F Investment INC · 7 yrs held
M J F Investment INC
since 2019
7 recorded transactions
Zoning & alternative use
C2 · Banning, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Banning submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Banning submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$145 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,317
Tax year 2024
Assessed value
$382,774
Assessed 2024
Previous assessed
$382,774
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$54,681
Assessed improvement
$328,093
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
NONE
Stories
2
Total area
3,874 SF
Lot
0.08 ac (3,484 SF)
Zoning code
C2
APN
541-181-029
UPID
US10-3153560
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Banning, CAZoning C2 · permitted uses
C2 · Banning, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
M J F Investment INC
Entity
Mailing address
2001 OVERLOOK RD, FULLERTON, CA 92831-1022
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2019
$380,000
M J F Investment INC
Coplin House LLC
Grant Deed
$239,000 · Community Commerce Bank
Feb 22, 2018
—
Coplin House LLC
Morales Trust
Grant Deed
related
—
Mar 10, 2011
—
City Of Banning
City Of Banning Cmnty Redev Agcy
Quit Claim Deed
related
—
Sep 25, 2008
—
Community Redev Agcy Of Cty/banni
Masheikhof,moris
Grant Deed
related
—
Mar 10, 2004
$160,000
Coplin House LLC
Little,robert D
Grant Deed
$34,609 · Robert D Little
Feb 28, 2003
$96,000
R Little
Morales,tr
Grant Deed
$95,659 · Morales Trust
Oct 22, 1997
—
Morales Tr
Coplin House Partners Eta,
Quit Claim Deed
related
—
Dec 1, 1993
—
Banning Cy
Coplin,house Ptn
Quit Claim Deed
related
—
Oct 29, 1993
$115,000
Coplin House Partners
Morales Trust
Quit Claim Deed
related
$110,000 · Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12 San Gorgonio Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
