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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Retail space
1292 Wishon Ave Fresno, CA 93728-2318
Trust Owned
9-yr Hold
Free & Clear
Property ID
US09-3350419
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Construction
TILT-UP CONCRETE
Total area
7,500 SF
Lot
0.26 ac (11,250 SF)
Zoning code
CMS
APN
451-264-15
UPID
US09-3350419
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
-
Frosted Cakery Wedding Service Bakery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$898k
Blend (final)
Blend
$790k
Owner & transaction history
Global Strategic Medical Trust · 9 yrs held
Global Strategic Medical Trust
since 2017
7 recorded transactions
Zoning & alternative use
CMS · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+61.1%
Apartment house (5+ units)
$1.1M
+50.5%
Industrial (general)
$1.1M
+46.9%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$720,000
Current use
AUTO REPAIR, GARAGE
$1,155,000
Change: +61% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,080,000
Change: +50% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,055,000
Change: +47% · Conversion: Difficult
OFFICE BUILDING
$960,000
Change: +34% · Conversion: Easy
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$105 / 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
$8,730
Tax year 2023
Assessed value
$671,315
Assessed 2023
Previous assessed
$671,315
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$102,402
Assessed improvement
$568,913
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
7,500 SF
Lot
0.26 ac (11,250 SF)
Zoning code
CMS
APN
451-264-15
UPID
US09-3350419
Jurisdiction
FRESNO
Zoning & alternative use
CMS · Fresno, CA
Zoning CMS · permitted uses
CMS · 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
RETAIL STORES Current
Est. value
$720,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$960,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Global Strategic Medical Trust
Trust
Free & Clear · 9 yrs held
Mailing address
PO BOX 2191, RANCHO SANTA FE, CA 92067-2191
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2017
—
Juliet Singh
—
Deed
related
$336,000 · Wells Fargo Bank NA
Apr 24, 2017
—
Global Strategic Medical Trust
Singh,juliet
Quit Claim Deed
related
—
Jun 11, 2014
—
Chin,mabel Trust
Chin,mabel
Quit Claim Deed
related
—
Mar 20, 2008
—
Mabel Chin
Chin,burton
Quit Claim Deed
related
—
Jan 31, 2008
—
Burton Chin
Mabel Chin
Intrafamily Transfer
related
$600,000 · Wells Fargo Bank NA
Jan 1, 2008
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
$600,000 · Wells Fargo Bank
Jan 1, 2005
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Jun 11, 2004
$216,000
Burton Chin
Chin,allen
Grant Deed
related
—
Jul 29, 2002
$765,000
Allen Chin
Stump,tr
Grant Deed
$385,000 · Stump Trust
Aug 10, 2000
—
Stump Trust
Stump Trust
Quit Claim Deed
related
$285,000 · Bank Of America
—
—
Chin,mabel Trust
—
Loan Modification
related
$300,000 · Bank Of The Sierra
—
—
Chin,mabel Trust
—
Deed Of Trust
related
$450,000 · Bank Of The Sierra
—
—
Chin,mabel Trust
—
Deed Of Trust
related
$100,000 · Bank Of The Sierra
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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