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Property profile & analytics

2159 Ramsey St Banning, CA 92220-4240

  • Retail space
  • 3,280 SF
  • 1.37 lot acres
OFF-MARKET
Value Estimations
$590,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US10-1947432
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Famous Tire Company / Tire Shop / Auto Repair Shop
  • Weeble Cycles / Store / Motorcycle Repair Shop
  • Solar Darkness Window Tinting / Window Tinting Service

Property Details for 2159 Ramsey St

Year built
1962
Construction
WOOD
Lot size
1.37 lot acres
Property size
3,280 SF
Zone code
C2
Property type
Retail space
APN
538-163-008
APU
538163008

Description

This exceptional 20,500-square-foot multi-tenant auto center in Banning, California, presents a unique investment opportunity. Situated on a 1.37-acre lot (APN 538-163-008) with C-2 zoning, this property features three standalone structures. The main building comprises approximately 9,700 square feet (currently owner-occupied, but vacant upon sale), a 4,000-square-foot showroom, and a 12,500-square-foot warehouse with six dock bays. Currently generating approximately $7,500 in monthly rental income ($90,000 annually) from existing tenants under a lease with approximately 22 months remaining. Conveniently located off the I-10 freeway between 22nd Street and Ramsey Street in the heart of Banning, surrounded by national retailers. This property is ideal for owner-users seeking a substantial space or investors looking for a strong rental income stream with owner carry financing options. The property's single-story design maximizes usability, and its prominent location ensures high visibility and accessibility. This is a rare opportunity to acquire a well-established, income-producing commercial property in a thriving market. The property's size, layout, and location make it an attractive proposition for a variety of automotive-related businesses.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $455,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $785,000
    6.5%
    $725,000
    7%
    $670,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Banning
County
Riverside
State
California
Longitude
-116.9
Latitude
33.9259
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$17,246
$617,869
$629,950
$1,247,819
-
$0.00
$0.00
$0.00
More about this property
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