$199,900
-$25,000640 W Nicolet, Banning CA 92220
Land
Property type
139 days
On market
$256,281
$ per acre
33,977 sqft
Lot size
Open Houses
Overview
Investor/Developer Opportunity – R3 Land in Opportunity Zone for 16-Unit Multi-Family Project in rapidly growing Banning. 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...
Listing provided by: Mikaela Nguyen DRE #02117027, H & M Realty Group
Listing updated: Jun 4, 2026 at 06:46pm.
Last checked: Jun 7, 2026 at 08:03pm
Source: CRMLS #OC26007699
Exterior
Lot Features: Eleven To Fifteen Units Acre
View: None
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 541110007
Additional Parcels: No
Tax Lot: 162
Zoning: R3
Tax Block: 162
Subdivision: n/a
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Near National Forest
Nearby Schools
Nearby schools around the 640 W Nicolet, Banning, CA 92220. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$159,920
Total Interest
$203,969
Total Payment
$363,889
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$1,369
per month
Property History for 640 W Nicolet
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