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Property profile & analytics
OFF-MARKET
Estimated value
$12,920,000
Apartment buildings
5059 Wilson St, Banning, CA 92220-3267
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-0195244
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
9,276 SF
Lot
1.13 ac (49,222 SF)
Zoning code
R3
APN
408-135-004
UPID
US09-0195244
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
-
Wilson Gardens Apt#40 Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.92M
Owner & transaction history
Sd Properties 007 LLC · 3 yrs held
Sd Properties 007 LLC
since 2022
Last sale
$12.3M
7 recorded transactions
Zoning & alternative use
R3 · Banning, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.5M
+3.4%
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
$16,595,000
ML approach
$10,595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$9,180,000
Current use
COMMERCIAL (GENERAL)
$9,495,000
Change: +3% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$7,985,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$12.92M
Range $11.63M – $14.21M · ±10% · vs last sale $12.25M (Dec 30 2022)
Last sale anchor
$12.25M
Dec 30 2022
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
$1,393 / 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
$84,962
Tax year 2024
Assessed value
$6,542,668
Assessed 2024
Previous assessed
$6,542,668
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$663,000
Assessed improvement
$5,879,668
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Stories
2
Units
36
Total area
9,276 SF
Lot
1.13 ac (49,222 SF)
Zoning code
R3
APN
408-135-004
UPID
US09-0195244
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Banning, CA
Zoning R3 · permitted uses
R3 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$9.2M
COMMERCIAL (GENERAL)
Est. value
$9.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.0M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1986
Construction
WOOD
Heating
NONE
Stories
2
Units
36
Lot
1.13 ac
Current owner
From public records · entity-resolved
Sd Properties 007 LLC
Entity
Mailing address
PO BOX 661748, ARCADIA, CA 91066-1748
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
$12,250,000
Sd Properties 007 LLC
Banning Wilson Gardens LLC
Grant Deed
$7,962,500 · Kinecta FCU
Jun 20, 2016
—
Banning Wilson Gardens LLC
Jian Chen
Grant Deed
$4,250,000 · Kinecta FCU
Aug 31, 2005
$3,139,000
Chen Jian & Long C Trust
Bradshaw Trust
Grant Deed
$2,961,212 · Bradshaw Trust
Aug 31, 2005
—
Bradshaw Trust
Bradshaw,don & Sally
Quit Claim Deed
related
—
Sep 29, 2003
$2,250,000
Don Bradshaw
Tadd LLC
Grant Deed
$1,800,000 · Abn Amro Mortgage Group INC
Sep 23, 2003
$2,250,000
Tadd LLC
Dale & Associates LLC
Grant Deed
—
Oct 31, 2001
$1,315,000
Dale & Associates LLC
Elder,kevin R & Amanda L
Grant Deed
$1,052,000 · Farmers & Merchants Bk Lng Bch
Feb 16, 2000
$97,000
Kevin R Elder
Kingswell Ltd
Grant Deed
related
$77,000 · Kallel Trust
—
—
Dale & Associates LLC
—
Deed Of Trust
related
$1,052,000 · Abn Amro Mortgage Group INC
—
—
Don Bradshaw
—
Deed Of Trust
related
$105,727 · Dale & Associates LLC
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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