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Sold for $1,500,000 · May 2023
SOLDBanning, CA
MLS# PW22129530
James Cameron
Listing Agent
Berkshire Hathaway HomeServices California Properties
DRE #: 01238311
Brokerage: Berkshire Hathaway HomeServices California Properties
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1.46 acres
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Don’t miss this unique opportunity to own 2.61 Acres of Industrial Zoned Vacant Lots, centrally located in the County of Riverside directly siding to the 10 Freeway, offering easy access to the on and off-ramps located between 8th St. (to the West) and Hargrave St. (to the East). These rarely available Industrial Zoned Vacant lots are located on the corner of Historic San Gorgonio Avenue and Lincoln Street in the city of Banning, abutting the well-traveled Southern Pacific Transportation Co. Railroad. For those looking to build multiple buildings, these 2 separate legal vacant lots can be built out independently, each with their own address consisting of 1.46 AC & 1.15 AC. City of Banning Industrial Zoning District allows both industrial parks and freestanding industrial users. Some of the Permitted & Conditionally Permitted uses in the Industrial District (I) include, but are not limited to: Cannabis Commercial Indoor Cultivation, Cannabis Testing Lab, Cannabis Manufacturing Level 1, Restaurants (service beer & wine), RV Storage, Mini-Storage, Church, Consignment Center/Warehousing and Packing Plant. The City of Banning is very business friendly and offers more than 60 permitted and conditional uses within the confines of the City’s Industrial District (I). All the above suggested uses may be subject to change and must be independently verified by all parties involved. All permitted uses, highest and best use analysis, inspections, reports and studies are to be conducted independently by the buyer and buyer representatives.
Listing description from the May 2023 sale, as reported to CRMLS.
Earthquake data is shown from a real public source (USGS)
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1 recorded sale
101 W Lincoln Street sold for $1,500,000 in May 2023, at its full list price, after 310 days on the market. It was first listed at $1,899,000. Across 387 closed sales in 92220 over the last 12 months, the median sold price is $380,000 and the median is $256 per square foot.
| Quarter | Closed sales in 92220 | Median sold price |
|---|---|---|
| Q1 2026 | 27 | $370,000 |
| Q2 2026 | 154 | $378,500 |
| Q3 2026 | 142 | $389,950 |
| Q4 2026 | 64 | $392,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Banning · Homes for sale in 92220
Closed sales reported in 92220, nearest first, last 12 months. All recent sales in Banning →
101 W Lincoln Street
Contact James Cameron
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Contact Listing Agent
Berkshire Hathaway HomeServices California Properties
DRE #01238311
Contact information is not available for this listing.