Financial
Distress signals
Property profile

456 Nicolet St Banning, CA 92220

OFF-MARKET
Apartment buildings
Property ID
US09-3151953
93,469 SF 7.46 ac lot Built 1982
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$3.72M
Assessed land$603k
Assessed improvement$3.11M
Effective rate0.04%

Value estimate

· Oct 2026
$25.02M
$22.52M – $27.52M
CAP approach$23.28M
Submarket $/SF estimate$32.56M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$990/SF
County average, outlier-cleaned · 629 recorded sales of this use type
Observed band · Q1–Q3$229 – $3,271

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.0
Parking Facility11.3
Spa & Massage10.8

Location

456 Nicolet St Banning, CA 92220-5648
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5231 Wilson, Banning, CA 92220-3203 $785,000 May 2025 6,000 SF
729 Williams, Banning, CA 92220-4700 $3,595,000 May 2025 7,680 SF
675 Williams, Banning, CA 92220-4716 $3,595,000 May 2025 7,104 SF
5059 Wilson, Banning, CA 92220-3267 $12,250,000 Dec 2022 9,276 SF
3131 George, Banning, CA 92220-3649 $78,000 Dec 2020 4,608 SF
477 Ramsey, Banning, CA 92220-4864 $1,660,000 Oct 2019 4,720 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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