Property profile

300 Highland Spgs Ave Ste 4 Banning, CA 92220

OFF-MARKET
Turn key restaurants
Property ID
US09-3720297
3,542 SF 0.48 ac lot Built 1991
Individually Owned 24-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1991
Construction WOOD
Total area 3,542 SF
Lot 0.48 ac (20,908 SF)
Zoning code C2
APN 419-140-027
UPID US09-3720297

Cap rate & NOI

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

Location

300 Highland Spgs Ave Ste, Unit 4 Banning, CA 92220-6505
Banning metro Census 43812 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
$669k
Blend (final) Blend
$550k

Owner & transaction history

since 2002
7 recorded transactions
2019
Price N/A
2017
Price N/A
2002
Price N/A
1996
Price N/A
1990
$1.2M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Banning, CA

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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