Property profile

264 Highland Spgs Ave Ste 5b Banning, CA 92220

OFF-MARKET
Medical Office Space
Property ID
US09-2916120
6,757 SF 0.17 ac lot Built 1991
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1991
Construction WOOD
Total area 6,757 SF
Lot 0.17 ac (7,405 SF)
APN 419-050-025
UPID US09-2916120

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

264 Highland Spgs Ave Ste 5b Banning, CA 92220-3083
Banning metro Census 44103 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.69M
CAP Approach CAP
$1.06M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.69M

Owner & transaction history

since 2024
Last sale
$1.7M
6 recorded transactions
2024
$1.7M
2018
Price N/A
1998
$80,000
1994
$3,000
1992
$135,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $2.1M +12.7%
Warehouse, storage $2.0M +8.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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