Property profile

62 8th St Banning, CA 92220

OFF-MARKET
Grocery and convenience stores
Property ID
US09-1401344
2,728 SF 0.24 ac lot Built 1967
Entity Owned 16-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1967
Construction TILT-UP CONCRETE
Total area 2,728 SF
Lot 0.24 ac (10,454 SF)
Zoning code C2
APN 540-170-057
UPID US09-1401344

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

62 8th St Banning, CA 92220-4731
Banning metro Census 44101 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2010
5 recorded transactions
2010
$275,000
2010
Price N/A
2006
Price N/A
1997
$72,500
1969
Price N/A

Zoning & alternative use

C2 · Banning, CA

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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