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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Retail space
66 1st St, Banning, CA 92220
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2339755
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Construction
TILT-UP CONCRETE
Total area
20,416 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C-2
APN
540-168-004
UPID
US09-2339755
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$845k
Owner & transaction history
Adam Regiaba · 4 yrs held
Adam Regiaba
since 2021
Last sale
$825,000
7 recorded transactions
Zoning & alternative use
C-2 · 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
$800,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $825k (Nov 15 2021)
Last sale anchor
$825k
Nov 15 2021
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
$41 / 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
$11,851
Tax year 2024
Assessed value
$858,327
Assessed 2024
Previous assessed
$858,327
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$93,632
Assessed improvement
$764,695
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
20,416 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C-2
APN
540-168-004
UPID
US09-2339755
Jurisdiction
RIVERSIDE
Zoning & alternative use
C-2 · Banning, CA
Zoning C-2 · permitted uses
C-2 · 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
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Adam Regiaba
Individual
Mailing address
37 ANACAPA LN, ALISO VIEJO, CA 92656-1630
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2021
—
Adam Regiaba
Adam Regiaba
Intrafamily Transfer
related
—
Jul 29, 2021
$825,000
Adam Regiaba
Prime Office LLC
Grant Deed
—
Jul 29, 2021
—
Arthur Atinizian
Karin Atinizian
Intrafamily Transfer
related
—
Sep 19, 2016
$250,000
Prime Office LLC
Malinowski Trust
Grant Deed
$100,000 · Malinowski Trust (pt)
Oct 26, 2011
$235,968
Malinowski Trust
Golden State Foreclosure
Trustees Deed
related
—
Jan 25, 2011
—
Ignacio V Reyes
Osorio,alejandro V
Grant Deed
—
Jan 4, 2011
—
Alejandro V Osorio
Reyes,ignacio V
Grant Deed
related
—
Jul 19, 2010
$150,000
Ignacio V Reyes
Ress Financial Corp
Trustees Deed
related
—
Jan 11, 2008
—
Bottom Line Property Mgmt LLC
Reyes,ignacio V
Grant Deed
—
Oct 17, 2007
—
Ignacio V Reyes
Osorio,alejandro V
Grant Deed
—
Sep 29, 2005
$375,000
Alejandro O Valenzo
Hendon Sylvia H Trust
Grant Deed
$262,500 · Hendon Sylvia H Trust 006329
—
—
Bottom Line Property Mgmt LLC
—
Deed Of Trust
$40,000 · Carlton G & W Living Trust (rt
—
—
Bottom Line Property Mgmt LLC
—
Deed Of Trust
related
$225,000 · Banning Community Redev Agcy
—
—
Hendon Trust
—
Deed Of Trust
related
$155,000 · North County Bank
—
—
Bottom Line Property Mgmt LLC
—
Deed Of Trust
related
$400,000 · Ignacio V Reyes
—
—
Albin Malinowski
—
Deed Of Trust
related
$70,000 · Fullerton Lemann Schaefer & Do
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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