635 E Ramsey

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635 E Ramsey

Banning, CA 92220
Asking Price
$1.50M
Asset Type
Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Special-purpose building measuring 9,000 square feet
  • Located at 635 E Ramsey in Banning California
  • Acquisition price set at 1,495,000 dollars
  • Property situated near the busy I-10 transportation corridor
  • Versatile layout suitable for various specialized business operations

What's Special

Priced at $1,495,000, this 9,000-square-foot special-purpose asset sits at 635 E Ramsey in Banning, California. The property occupies a strategic position within the Inland Empire, a region recognized for its significant industrial and commercial growth and its proximity to major Southern California logistical corridors. This facility provides a flexible footprint suitable for a variety of specialized operational needs, ranging from niche commercial activities to unique institutional or community-based service models. Banning serves as a gateway to the Coachella Valley, benefiting from consistent regional traffic and a growing local population. Investors and owner-users may find this location advantageous due to its accessibility along the I-10 corridor, which facilitates regional connectivity. The versatile layout of the building supports diverse occupancy requirements, making it a viable acquisition for parties seeking a well-positioned property in a developing suburban market.

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NOI
$80,000
Cap Rate
5.35%
DSCR
0.90
Underwater
Cash-on-Cash
-1.95%
Monthly Payment
$7,396.444
Annual Cash Flow
$-8,757.332

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