Roadrunner

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Roadrunner

Banning, CA 92220
Asking Price
$299K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Parcel spans 23.01 acres of land in Banning
  • Current asking price set at 299,000 dollars
  • Strategically situated within the Inland Empire region
  • Accessible location near key southern California transit routes
  • Suitable for industrial or large-scale development projects

What's Special

This land for sale presents a 23.01-acre parcel positioned in Banning, California. The property serves as a versatile acquisition for investors and developers looking to establish a presence within this growing corridor of the Inland Empire. The site provides ample space for a variety of potential developments, benefiting from its proximity to major regional transportation routes that facilitate connectivity between the high desert and Southern California coastal markets. Banning continues to evolve as a key location for regional growth, attracting interest due to its expansive landscape and strategic placement along the interstate system. This acreage offers an opportunity to secure a substantial land holding in a market characterized by steady expansion and long-term development potential. Prospective buyers may consider the site for industrial, agricultural, or speculative investment purposes depending on local requirements and site-specific vision.

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NOI
$80,000
Cap Rate
26.76%
DSCR
4.51
Strong
Cash-on-Cash
69.40%
Monthly Payment
$1,479.289
Annual Cash Flow
$62,248.534

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