Listed by Jonathan Hernandez•DRE #02138316• Real Brokerage Technologies
Contact: 323-332-8943
For sale
$99,999
Est. $694/mo —
Land
•
5,227
sq ft (lot)
127 N 3rd, Banning, CA 92220
About this home
Great opportunity to own a C2-zoned vacant lot in a centrally located area of Banning with strong development potential. Positioned just off West Ramsey Street, one of the city’s main corridors, this parcel is close to shopping, dining, restaurants, and everyday conveniences. The property is also just minutes from the I-10 freeway and offers beautiful surrounding mountain views, making it a convenient and accessible location for a variety of potential uses. The lot is currently being used as additional parking for the neighboring property, which is also owned by the same seller and available for purchase separately. The adjacent property includes a home with a duplex, giving buyers the option to purchase this parcel on its own or potentially acquire both properties together. With C2 zoning, this property presents an excellent opportunity for future commercial development or investment. Buyer to verify permitted uses, utilities, development requirements, and all zoning information with the City of Banning.
Downtown Banning, located between Interstate 10 and the San Gorgonio Pass, is a historic and civic Banning neighborhood with a classic Main Street grid and a backdrop of desert foothills. The neighborhood’s character concentrates around the intersection of Ramsey Street and San Gorgonio Avenue, where storefronts, murals, and sidewalk patios set a steady daytime rhythm. The Fox Cineplex anchors movie nights in a restored-feeling downtown setting. The Malki Museum Press and the nearby Malki Museum add a distinct cultural thread tied to regional history. Early-20th-century commercial facades mix with modest bungalows on side streets, and pocket parks break up the blocks. Civic buildings and small local eateries keep the streets active without feeling rushed.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Blockwall fencing
Rectangular lot shape
Near public transit
Street lighting
Sidewalks
Currently used as a parking lot
Has view
Directions: Off W Hays St and N 3rd St
Home design
Zoned C2
Located in the Solera (SLRA) subdivision
Parking
Property currently used as a parking lot
Utilities
No water source listed
Financial info
Subject to special assessments
Other
Parcel number 540161002
Lot size source: Assessor's Data
Electricity and solar
View estimated energy costs and solar savings for this home
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 Williams and Nicolet on the north. This area is the City's traditional commercial core, and has special significance to the community because small scale commercial retail and office uses, services, restaurants, and entertainment retail are the primary uses in this district. Mixed Use, residential land uses in combination with commercial businesses, are also encouraged. Bed and breakfasts, hotels and motels are also appropriate in this district.; New auto related uses proposed after adoption of the 2005 General Plan will be prohibited. All existing auto uses in existence as of the adoption of the 2005 General Plan will be permitted until such time as the use in a particular location ceases operation for a period of six months.; Special standards and permits are applied to this district, and are included under Development Standards, Article II of this chapter.
Permitted uses
Include but are not limited to:
Bank
Convenience store
General retail
Retail-Grocery
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Senior
Hotel / motel
Office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
10/10 Fire Factor
85% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 98° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
18 unhealthy days expected this year, 23 days in 30 years
Provided by First Street
Historical weather
Banning, CA • 92220
Average low and high temperatures (°F)
62
47
67
49
72
51
70
50
77
55
87
61
92
66
94
69
85
65
81
58
68
50
68
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 7.2 hours in December, placing it above the
U.S. average for solar exposure.
10.3 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 127 N 3rd
$99,769
$230 under list price of $100K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $200K to $390K.