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Property profile & analytics
OFF-MARKET
Industrial land
1952 Westward Ave Banning, CA 92220-6366
Entity Owned
1-yr Hold
Absentee Owner
Property ID
US09-4747610
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
0.91 ac (39,639 SF)
Zoning code
CM
APN
532-160-008
UPID
US09-4747610
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
-
Annabel Consulting Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Redr Properties LLC · 1 yrs held
Redr Properties LLC
since 2025
7 recorded transactions
Zoning & alternative use
CM · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,960
Tax year 2024
Assessed value
$357,000
Assessed 2024
Previous assessed
$357,000
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$357,000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
0.91 ac (39,639 SF)
Zoning code
CM
APN
532-160-008
UPID
US09-4747610
Jurisdiction
RIVERSIDE
Zoning & alternative use
CM · Banning, CA
Zoning CM · permitted uses
CM · Banning, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Banning. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.91 ac
Current owner
From public records · entity-resolved
Redr Properties LLC
Entity
Mailing address
636 E WESTWARD AVE BANNING
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2025
$2,100,000
Redr Properties LLC
Weeks Investment Group LLC
Grant Deed
$1,800,000 · Weeks Investment Group LLC
Jul 1, 2024
$576,391
Weeks Investment Group LLC
Mark Hammer Jo
Trustees Deed
related
—
Sep 21, 2022
—
Mark Hammer Jo
The Mjolnir Group
Grant Deed
—
Dec 20, 2021
—
The Mjolnir Group
Mark Hammer Jo
Intrafamily Transfer
related
—
Mar 2, 2021
$670,000
Mark Hammer Jo
Weeks Investment Group LLC
Grant Deed
$536,000 · Weeks Investment Group LLC
Sep 10, 2012
—
Diana L Tucker
Johnson,ruth L
Affidavit Of Death
—
Sep 10, 2012
$75,000
Andy B Andersen
Tucker,diana L
Grant Deed
—
Aug 30, 2012
—
Diana L Tucker
Johnson L Living Trust
Quit Claim Deed
related
$13,005 · Fullerton Lemann Schaefer & Do
Jul 28, 2009
—
Johnson Lorene Living Trust
Johnson,lorene
Quit Claim Deed
related
—
May 23, 2008
—
Diana L Tucker
Tucker,david E
Quit Claim Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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