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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Banks
111 Shaw Ave, Fresno, CA 93710-7628
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-2806596
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1982
Construction
TILT-UP CONCRETE
Total area
11,156 SF
Lot
0.52 ac (22,500 SF)
Zoning code
CMX
APN
427-051-29
UPID
US09-2806596
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Golden 1 Credit Union - Shaw Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$956k
Blend (final)
Blend
$815k
Owner & transaction history
Golden 1 Cu · 7 yrs held
Golden 1 Cu
since 2019
7 recorded transactions
Zoning & alternative use
CMX · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+56.6%
Industrial (general)
$1.2M
+48.5%
Commercial (general)
$1.2M
+46.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fresno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fresno submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$815,000
Current use
RESTAURANT
$1,275,000
Change: +57% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,210,000
Change: +49% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,195,000
Change: +47% · Conversion: Difficult
MEDICAL BUILDING
$1,180,000
Change: +45% · Conversion: Difficult
OFFICE BUILDING
$920,000
Change: +13% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$740,000
Change: -9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$705,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$73 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$41,623
Tax year 2023
Assessed value
$3,273,503
Assessed 2023
Previous assessed
$3,273,503
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$482,490
Assessed improvement
$2,791,013
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
11,156 SF
Lot
0.52 ac (22,500 SF)
Zoning code
CMX
APN
427-051-29
UPID
US09-2806596
Jurisdiction
FRESNO
Zoning & alternative use
CMX · Fresno, CA
Zoning CMX · permitted uses
CMX · Fresno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fresno. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$815,000
RESTAURANT
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$920,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$740,000
AUTO REPAIR, GARAGE
Est. value
$705,000
FINANCIAL BUILDING Current
RESTAURANT
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Golden 1 Cu
Individual
Mailing address
PO BOX 15966, SACRAMENTO, CA 95852-0966
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2019
$2,550,000
Golden 1 Cu
Medin Milo Trust
Grant Deed
—
Apr 22, 2005
$2,800,000
Medin Milo Trust
Northwood Ents
Grant Deed
—
May 13, 2004
—
Northwood Enterprises LP
—
Deed Of Trust
related
$1,500,000 · Premier Valley Bank
Aug 2, 1991
$1,105,000
Enterp Northwood
Bank Fresno
Grant Deed
—
Jun 28, 1991
$1,105,000
Enterp Northwood
Bank Fresno
Grant Deed
$920,000 · Seller
—
—
Kenneth W Uffelman
—
Deed Of Trust
related
$88,622 · Resource Lenders
—
—
Ted Enriquez
—
Deed Of Trust
related
$122,202 · Resource Lenders
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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