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Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Medical Office Space
1275 Shaw Ave Fresno, CA 93711-3710
Individually Owned
3-yr Hold
Free & Clear
Property ID
US10-3112996
Property summary
AI-generated overview
This ±1,770 square foot single-tenant office space is ideally located at 1275 W Shaw Ave, Fresno, CA 93711, near N Arthur Ave. The property sits on a 5.57-acre lot and is classified as Class C. Zoned RP (Residential and Professional Office – City of Fresno), APN 425-042-20, this versatile space is suitable for executive, medical, or creative office uses. The suite boasts a welcoming waiting room, a spacious front reception area, two private offices, a convenient breakroom, multiple storage rooms/closets, and three exam rooms, along with a private restroom. The property offers excellent visibility with access to Shaw Avenue signage and ample rear parking. Landlord is open to completing tenant improvements with a qualified lease. This is a full-service lease, encompassing all utilities, common area maintenance, trash removal, and all NNN expenses. This exceptional opportunity presents a turnkey solution for businesses seeking a well-appointed and conveniently located office space in Fresno.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1977
Construction
WOOD
Total area
7,104 SF
Lot
0.54 ac (23,517 SF)
Zoning code
CMX
APN
425-042-20
UPID
US10-3112996
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
-
Fig Garden Children's Dentistry and Orthodontics Dental Office
-
Falk Dennis R DDS Dental Office
-
Kids Kasa Foster Care Foster Care Service Social Service Agency
-
Mercury Free Dentistry Dental Office
-
Trang Tiffany Vu Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.31M
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
$874k
Blend (final)
Blend
$1.31M
Owner & transaction history
David K K Lai · 3 yrs held
David K K Lai
since 2022
Last sale
$1.3M
4 recorded transactions
Zoning & alternative use
CMX · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+17.0%
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
$1,350,000
ML approach
$1,310,000
CAP Approach
CAP Return
Estimation
6%
$1,610,000
6.5%
$1,485,000
7%
$1,380,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,430,000
Current use
RESTAURANT
$1,670,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$1,405,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.31M
Range $1.18M – $1.44M · ±10% · vs last sale $1.29M (Dec 12 2022)
Last sale anchor
$1.29M
Dec 12 2022
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
$184 / 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
$9,449
Tax year 2023
Assessed value
$733,900
Assessed 2023
Previous assessed
$733,900
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$275,000
Assessed improvement
$458,900
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
NONE
Stories
1
Total area
7,104 SF
Lot
0.54 ac (23,517 SF)
Zoning code
CMX
APN
425-042-20
UPID
US10-3112996
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
MEDICAL BUILDING Current
Est. value
$1.4M
RESTAURANT
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.4M
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
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
1977
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
David K K Lai
Individual
Free & Clear · 3 yrs held
Mailing address
10932 E PROMONTORY WAY, CLOVIS, CA 93619-4687
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2022
—
David K K Lai
Clinton West Apartments
Quit Claim Deed
related
—
Aug 16, 2007
$1,290,000
Clinton West Apartments
Resh Living Trust
Grant Deed
—
Oct 21, 2005
$1,080,000
Resh Trust
Mcgee,bobbie D & Marilyn
Grant Deed
$755,000 · Zions First National Bank
Nov 21, 2001
$700,000
Bobbie D Mcgee
Hutchings,gilbert A & Pauline L
Grant Deed
$491,000 · Gilbert A & Pauline L Hutchings
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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