Financial
Distress signals
Property profile

1237 Fulton St Fresno, CA 93721

FOR SALE
Retail space
Property ID
US09-3360173
6,022 SF 0.12 ac lot Built 1943
Last sale May 2014 · $445,000
Individually Owned Owner of record is an individual. 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

The property is a commercial retail building in Downtown Fresno’s Fulton Corridor featuring three separate storefront suites. Two of the suites are configured as restaurant-ready spaces suitable for dining operations, while the third suite provides flexibility for retail use or for an owner-user to occupy one portion while leasing other areas. The building has updated interior and exterior finishes and is offered in its existing as-is condition. The site is located near Chukchansi Park and key…

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?
$8k
Tax billed · 2023
Assessed value$524k
Assessed land$49k
Assessed improvement$475k
Effective rate1.55%

Value estimate

· Sep 2026
$645k
$581k – $710k
Submarket $/SF estimate$885k
NOI build-up
Gross scheduled income$116k
Vacancy & credit loss−$7k
Operating expenses−$27k
NOI · 27.63% cap applied$82k

Realmo valuation models over county records and 5 qualifying comparable sales.

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
Qualifying comparables5

Cap rate analysis

How does the asset earn?
27.63%
$82k 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
Locksmith9.1
Shoe Repair8.6
Pet Grooming Service8.4

Location

1237 Fulton St Fresno, CA 93721
County assessor Recorded deeds · 10 transfers 5 qualifying comp sales 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1924 Tulare, Fresno, CA 93721-2506 $850,000 Apr 2024 5,760 SF
1544 Fulton, Fresno, CA 93721-1612 $177,000 Apr 2023 8,930 SF
1829 Van Ness, Fresno, CA 93721-1132 $280,000 Nov 2021 4,000 SF
2909 Tulare, Fresno, CA 93721-1414 $484,000 Oct 2021 7,225 SF
648 Broadway, Fresno, CA 93721-2806 $325,000 Sep 2021 7,000 SF
716 Broadway, Fresno, CA 93721-2808 $1,250,000 Nov 2020 6,700 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?”
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