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Listed by: Ryan Mitchell (949) 533-7166 DRE #01953299 | H & M Realty Group (949) 625-4533
$279,900
-- Bed
-- Bath
33,977sqft lot
640 W Nicolet, Banning, CA 92220
$279,900
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Land
Built in -
$-- HOA
33,977 sqft lot
$8/sq.ft
Description
Investor/Developer Opportunity – R3 Land Approved for 16-Unit Multi-Family Project in Rapidly Growing Banning
Seize a rare opportunity to acquire a prime R3-zoned parcel in the fast-growing city of Banning, California. The site allows for the construction of a 16-unit apartment complex, perfectly positioned to capitalize on the city’s strong rental demand and limited multi-family inventory.
Banning’s rental market has continued to strengthen, driven by population and job growth as well as proximity to major job centers in Beaumont, Palm Springs, and the Inland Empire. With Interstate 10 access minutes away, this parcel offers excellent commuter connectivity and ...
- Houzeo last checked: 54 Minutes ago
- Listing updated: October 31, 2025 at 10:22 pm
- Source: California Regional MLS-CA | MLS#: OC25171633
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
33,977 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
OC25171633
MLS Status
Active
Days on Market
132
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