Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

89 N San Gorgonio Ave Banning, CA 92220

FOR SALE
Retail space
Property ID
US09-0273794
3,600 SF 0.08 ac lot Built 1964
Last sale Mar 2017 · $430,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$452k
Assessed land$38k
Assessed improvement$414k
Effective rate1.39%

Value estimate

· Oct 2026
$295k
$266k – $325k
CAP approach$795k
Submarket $/SF estimate$436k
NOI build-up
Gross scheduled income$78k
Vacancy & credit loss−$4k
Operating expenses−$22k
NOI · 6.71% cap applied$52k

Realmo valuation models over county records and 12 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 comparables12

Cap rate analysis

How does the asset earn?
6.71%
$52k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DC
This District occurs on Ramsey Street, between 8th Street and Hargrave Street on the west and east, by Interstate 10 on the south, and by...
General categoryMIXED_USE
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 agency34.1
Restaurant22.2
Wholesale Shop19.9

Location

89 N San Gorgonio Ave Banning, CA 92220
County assessor Recorded deeds · 5 transfers 12 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 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
42 Ramsey, Banning, CA 92220-4800 $1,025,000 Jun 2025 4,664 SF
74 Ramsey St Ste, Banning, CA 92220-4806 $600,000 Sep 2024 4,160 SF
3800 Ramsey, Banning, CA 92220-3514 $575,000 Aug 2023 2,280 SF
3500 Ramsey, Banning, CA 92220-3508 $1,200,000 Sep 2022 4,104 SF
135 San Gorgonio, Banning, CA 92220-5517 $180,000 Jul 2022 2,600 SF
947 Ramsey, Banning, CA 92220-4452 $400,000 Apr 2022 4,116 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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