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Property profile & analytics
OFF-MARKET
Estimated value
$1,350,000
Sports & entertainment properties
60 Ramsey St Banning, CA 92220-4817
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-0830427
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1925
Construction
TILT-UP CONCRETE
Total area
9,430 SF
Lot
0.19 ac (8,276 SF)
Zoning code
C2
APN
540-204-012
UPID
US09-0830427
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
-
SoCalGas Gas Company
-
Fox Cineplex is D'Place Cinema Theater & Performing Art Venue
-
Banning Chamber of Commerce Business Service Center Advocacy Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.35M
Owner & transaction history
Juan C Trejo · 1 yrs held
Juan C Trejo
since 2024
Last sale
$1.4M
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
$1,350,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.35M
Range $1.22M – $1.49M · ±10% · vs last sale $1.35M (Sep 16 2024)
Last sale anchor
$1.35M
Sep 16 2024
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
$143 / 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
$5,876
Tax year 2024
Assessed value
$423,117
Assessed 2024
Previous assessed
$423,117
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$128,763
Assessed improvement
$294,354
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
9,430 SF
Lot
0.19 ac (8,276 SF)
Zoning code
C2
APN
540-204-012
UPID
US09-0830427
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.
Building & site characteristics
From public records
Year built
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Juan C Trejo
Individual
Mailing address
1286 E RAMSEY ST, BANNING, CA 92220-5928
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2024
—
Juan C Trejo
Krystal Perez Cruz
Intrafamily Transfer
related
—
Sep 13, 2024
$1,350,000
Krystal Perez Cruz
Michael J Frydrych
Grant Deed
—
Sep 13, 2024
—
Susan D Munoz
Angel Alberto Velazquez Munoz
Intrafamily Transfer
related
$1,000,000 · Michael J Frydrych Etux
Sep 27, 2019
—
Michael J Frydrych
Frydrych,michael & Susan
Quit Claim Deed
related
—
May 19, 1999
$287,000
Michael J Frydrych
Simone Trust
Grant Deed
$240,850 · Mercantile Natonal Bank
Jan 1, 1989
$230,000
Thomas Desimone
Lucas Joseph E
Grant Deed
related
—
—
—
Michael J Frydrych
—
Deed Of Trust
related
$240,850 · Mercantile National Bank
—
—
Michael J Frydrych
—
Deed Of Trust
related
$1,268,231 · Banning Community Redev Agcy
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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