Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

2772 W Ramsey St Banning, CA 92220

  • Retail space
  • 1,141 SF
  • 1.30 lot acres
For Sale
Last Sale
Sep 29, 2022
$775,000
Value Estimations
Cap Rate Potential
2%
Retail space
Location Intelligence
Property ID
US09-2175037
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

  • Discount Battery Center Banning / Battery Store

Property Details for 2772 W Ramsey St

Year built
1945
Construction
WOOD
Lot size
1.30 lot acres
Property size
1,141 SF
Zone code
C2
Property type
Retail space
APN
538-190-007
APU
538190007

Description

This exceptional 1.3-acre commercial property in Banning, CA, boasts a prime location directly off the I-10 freeway, ensuring high visibility and traffic exposure. The property features three buildings: a large open-plan structure previously used as a tire shop (approximately 2,800 square feet), a renovated two-bedroom, one-bathroom house with updated interiors, and a separate office/salon building with an open floor plan and one bathroom. Recent upgrades include brand-new concrete throughout the entire property, secure block walls surrounding the perimeter, and a stylish wrought iron gate with a rolling gate door for convenient access. The property's zoning allows for a variety of commercial uses, making it an ideal investment for entrepreneurs seeking a high-traffic location. Buyers are advised to verify permitted uses with the city of Banning. This versatile property presents a unique opportunity to establish or expand a business in a highly visible and accessible location. The combination of ample space, strategic placement, and recent improvements makes this a compelling investment opportunity. The asking price is $1,450,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $830,000
    ML approach
    $890,000
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,170,000
    NEIGHBORHOOD: SHOPPING CENTER
    $980,000
    AUTO REPAIR, GARAGE
    $495,000

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


Location Insight

  • Map
  • Local Demand
City
Banning
County
Riverside
State
California
Longitude
-116.907
Latitude
33.9251
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
$11,736
$510,000
$336,600
$846,600
-
$0.00
$0.00
$0.00
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message