Financial
Distress signals
Property profile

614 W Ramsey St Banning, CA 92220

FOR SALE
Retail space
Property ID
US09-2585754
819 SF 0.14 ac lot Built 1974
Last sale Jan 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property in downtown Banning consists of two historic structures: a caboose built circa 1974 and an adjacent train-station depot style building constructed circa 1979–1980. The site provides frontage on a main thoroughfare and includes corner access. The property area is approximately 819 square feet and is configured to support neighborhood-oriented commercial use, with potential suitability for uses such as a coffee shop, deli, office, or retail shop. Parking is present on-site, though

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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$107k
Assessed land$25k
Assessed improvement$82k
Effective rate1.44%

Value estimate

· Sep 2026
$195k
$176k – $215k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$308/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$104 – $416
Qualifying comparables6

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

What can be built here?
C2
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 agency17.6
Parking Facility11.5
Hair Salon11.2

Location

614 W Ramsey St Banning, CA 92220
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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