Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,785,000
Grocery and convenience stores
3453 Ramsey St Banning, CA 92220-3506
Individually Owned
31-yr Hold
~
Est. High Equity
Property ID
US09-3274533
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1972
Construction
TILT-UP CONCRETE
Total area
22,920 SF
Lot
1.75 ac (76,230 SF)
Zoning code
C2
APN
537-090-058
UPID
US09-3274533
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
-
All In One Clothing Clothing Store
-
DORAVAL OUTLET Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.06M
Comparable Approach
Comparable
$6.09M
Blend (final)
Blend
$4.79M
Owner & transaction history
George J Ruppert · 31 yrs held
George J Ruppert
since 1995
7 recorded transactions
Zoning & alternative use
C2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,475,000
6.5%
$5,055,000
7%
$4,695,000
Alternative Use
Use
Estimation
RETAIL STORES
$7,060,000
Current use
WAREHOUSE, STORAGE
$6,770,000
Change: -4% · Conversion: Difficult
MEDICAL BUILDING
$6,265,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$4.79M
Range $4.31M – $5.26M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$209 / SF
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
$45,917
Tax year 2024
Assessed value
$3,335,618
Assessed 2024
Previous assessed
$3,335,618
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$820,233
Assessed improvement
$2,515,385
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
22,920 SF
Lot
1.75 ac (76,230 SF)
Zoning code
C2
APN
537-090-058
UPID
US09-3274533
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Banning, CA
Zoning C2 · permitted uses
C2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$7.1M
WAREHOUSE, STORAGE
Est. value
$6.8M
MEDICAL BUILDING
Est. value
$6.3M
RETAIL STORES Current
WAREHOUSE, STORAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.75 ac
Current owner
From public records · entity-resolved
George J Ruppert
Individual
Mailing address
PO BOX 3007, BEAUMONT, CA 92223-1057
Ownership since
1995
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2018
—
Ruppert-suitt Ptshp
—
Deed
related
$250,000 · Suitt Ventures
Apr 6, 1995
$300,000
George J Ruppert
Property Developent Assoc
Grant Deed
$211,000 · Southern Pacific Thrift & Loan
Aug 1, 1992
$600,000
Property Dev Assoc
Safeway,
Grant Deed
—
Jul 1, 1992
$600,000
Property Dev Assoc
Weigel,robert A
Grant Deed
—
Sep 1, 1989
—
Nellie J Marshal
Weigel Robert A
Grant Deed
related
—
—
—
Ruppert-suitt Ptshp
—
Deed Of Trust
related
$186,514 · Bank Of Hemet
—
—
Ruppert-suitt Ptshp
—
Deed Of Trust
related
$250,000 · Suitt Ventures
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3453 Ramsey St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
