Financial
Distress signals
Property profile

922 Van Ness Ave Fresno, CA 93721

FOR SALE
Retail space
Property ID
US09-2505714
25,560 SF 0.6 ac lot Built 1960
Last sale Jul 2024 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A freestanding downtown commercial building totaling approximately 25,650 square feet includes a privately secured, gated parking garage. The main level features high ceilings and open floor areas with exposed/robust structural characteristics, providing a flexible interior suitable for retail and other commercial layouts. In addition to the primary retail space, the building has an upstairs loft area configured as a two-bedroom layout with a laundry room, which can support live-work, an…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$519k
Assessed land$176k
Assessed improvement$343k
Effective rate2.03%

Value estimate

· Sep 2026
$2.00M
$1.80M – $2.20M
AI approach$2.00M
NOI build-up
Gross scheduled income$460k
Vacancy & credit loss−$32k
Operating expenses−$128k
NOI · 10.33% cap applied$300k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$90/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$20 – $147

Cap rate analysis

How does the asset earn?
10.33%
$300k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DTC
The DTN District will create lively, walkable, mixed-use urban neighborhoods surrounding the Downtown Core.
General categoryMIXED_USE
JurisdictionFRESNO

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.9
Shoe Repair8.6
Tailor Shop8.4

Location

922 Van Ness Ave Fresno, CA 93721
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2820 Tulare, Fresno, CA 93721-1319 $645,000 Dec 2025 14,697 SF
901 Fulton, Fresno, CA 93721 $2,500,000 Aug 2023 15,000 SF
1136 Fulton, Fresno, CA 93721-1914 $770,000 Aug 2023 28,828 SF
1302 Fulton, Fresno, CA 93721-1608 $2,750,000 Apr 2023 22,350 SF
2111 Tuolumne, Fresno, CA 93721-1208 $2,800,000 Nov 2022 20,781 SF
403 H, Fresno, CA 93721 $1,700,000 Nov 2020 17,985 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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