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Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Retail space
1132 Academy Ave Sanger, CA 93657-3195
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-1668435
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2011
Construction
WOOD
Total area
11,220 SF
Lot
1.13 ac (49,222 SF)
Zoning code
CM
APN
320-030-55S
UPID
US09-1668435
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
$2.23M
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.82M
Owner & transaction history
John Daniel Lingenberg · 2 yrs held
John Daniel Lingenberg
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
CM · Sanger, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+139.3%
Medical building
$2.2M
+118.9%
Office building
$1.9M
+90.2%
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 Sanger submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanger 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
$1,780,000
ML approach
$1,675,000
CAP Approach
CAP Return
Estimation
6%
$2,415,000
6.5%
$2,230,000
7%
$2,070,000
Alternative Use
Use
Estimation
RESTAURANT
$2,390,000
Change: +139% · Conversion: Easy
MEDICAL BUILDING
$2,190,000
Change: +119% · Conversion: Difficult
OFFICE BUILDING
$1,900,000
Change: +90% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,645,000
Change: +65% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,425,000
Change: +43% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,195,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$1.82M
Range $1.64M – $2.00M · ±10% · vs last sale $2.14M (Aug 11 2023)
Last sale anchor
$2.14M
Aug 11 2023
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
$162 / 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
$20,821
Tax year 2023
Assessed value
$1,700,000
Assessed 2023
Previous assessed
$1,700,000
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$600,000
Assessed improvement
$1,100,000
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2011
Construction
WOOD
Heating
NONE
Stories
1
Total area
11,220 SF
Lot
1.13 ac (49,222 SF)
Zoning code
CM
APN
320-030-55S
UPID
US09-1668435
Jurisdiction
FRESNO
Zoning & alternative use
CM · Sanger, CA
Zoning CM · permitted uses
CM · Sanger, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sanger. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.2M
OFFICE BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
2011
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
John Daniel Lingenberg
Individual
Mailing address
2031 N RANCHO LA MERCED DR, COVINA, CA 91724-3343
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2023
—
John Daniel Lingenberg
Silvia Lingenberg
Intrafamily Transfer
related
—
Apr 5, 2019
—
Silvia A Lingenberg
Lingenberg,john
Quit Claim Deed
related
—
Apr 5, 2019
$2,140,000
Silvia Lingenberg
Sanger Academy LP
Grant Deed
—
Feb 17, 2009
—
Sanger Academy
—
Trustees Deed
related
$1,995,000 · Security First Bank
Oct 24, 2007
$497,000
Sanger Academy
Awakian W & Mkrtchyan S Trust
Grant Deed
—
Dec 27, 2005
—
Awakian Wasken P 2005 Trust
Awakian,wasken
Quit Claim Deed
related
—
Jul 27, 2005
$460,000
Wasken Awakian
James Family Trust
Grant Deed
$360,000 · Interbay Funding LLC
Jul 27, 2005
—
Wasken Awakian
Mkrtchyan,silva
Grant Deed
related
—
Jan 21, 2004
—
James,tr
James,tr
Quit Claim Deed
related
—
Jan 21, 2004
$500,000
James,tr
James,tr
Grant Deed
related
$450,000 · Luciano & Joanne Telesmanic
Sep 25, 2001
—
James Trust
James Trust
Quit Claim Deed
related
—
Jan 31, 2000
—
James Trust
James,george A
Quit Claim Deed
related
—
Sep 23, 1997
—
James Trust
James,george F & Linda A
Quit Claim Deed
related
—
—
—
Linda A James
—
Deed Of Trust
related
$42,400 · Redevelopment Agency Sanger
—
—
Sanger Academy LP
—
Deed Of Trust
related
$1,811,827 · Security First Bank
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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