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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Warehouses
4092 Ramsey St Banning, CA 92220-3518
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3105939
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Construction
WOOD
Total area
3,600 SF
Lot
0.38 ac (16,552 SF)
Zoning code
C2
APN
537-100-019
UPID
US10-3105939
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
-
Rose Window Company Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$550k
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$820k
Owner & transaction history
Elwood Holding LLC · 2 yrs held
Elwood Holding LLC
since 2024
7 recorded transactions
Zoning & alternative use
C2 · Banning, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+4.3%
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%
$600,000
6.5%
$550,000
7%
$515,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,065,000
Current use
RETAIL STORES
$1,110,000
Change: +4% · Conversion: Moderate
MEDICAL BUILDING
$985,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$980,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$820k
Range $738k – $902k · ±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
$228 / 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
$9,340
Tax year 2024
Assessed value
$675,000
Assessed 2024
Previous assessed
$675,000
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$200,000
Assessed improvement
$475,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,600 SF
Lot
0.38 ac (16,552 SF)
Zoning code
C2
APN
537-100-019
UPID
US10-3105939
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
WAREHOUSE, STORAGE Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$985,000
OFFICE BUILDING
Est. value
$980,000
WAREHOUSE, STORAGE Current
RETAIL STORES
MEDICAL BUILDING
OFFICE 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
1980
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Elwood Holding LLC
Entity
Free & Clear · 2 yrs held
Mailing address
359 SAN MIGUEL DR STE #106, NEWPORT BEACH, CA 92660-7807
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2024
—
Elwood Holding LLC
Rick Daily Rose
Grant Deed
—
Dec 22, 2023
$675,000
Rick Daily Rose
Sheri Rojo
Grant Deed
$400,000 · Sheri And Johnny Rojo Living Trust
Dec 6, 2022
$340,000
Sheri Rojo
Deborah J Joyce
Grant Deed
$340,000 · Deborah J Joyce Trust
May 18, 2016
—
Joyce,deborah J Trust
Joyce,deborah
Quit Claim Deed
related
—
Dec 28, 2012
—
Deborah Joyce
Joyce,deborah
Quit Claim Deed
related
$116,391 · Desouza International INC
Jul 28, 2006
—
Deborah Joyce
Joyce,sabrina
Quit Claim Deed
related
—
Feb 14, 2006
$300,000
Sabrina Joyce
Desouza,rosalie P
Grant Deed
$290,000 · Rosalie P Desouza
Feb 14, 1997
—
Rosalie P Desouza
Desouza,rosalie P
Quit Claim Deed
related
—
May 13, 1993
—
Rosalie P Desouza
Owens,george
Quit Claim Deed
related
—
—
—
Rosalie P De Souza
—
Deed Of Trust
related
$108,000 · North County Bank
—
—
Rosalie P Desouza
—
Deed Of Trust
related
$15,000 · North County Bank
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.
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