Financial
Distress signals
Property profile

1308 W Iota Ave Fresno, CA 93728

FOR SALE
Flex space
Property ID
US09-0473572
4,320 SF 0.35 ac lot Built 1955
Last sale Dec 1997 · $57,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This ±4,320 square foot industrial property in Fresno, CA, presents a compelling investment opportunity. The property consists of two buildings: a ±13,600 square foot warehouse and a ±720 square foot office building, totaling approximately 4,320 square feet. The warehouse features four 12'x12' roll-up doors, two man doors, and a 14' clear height ceiling. A 20'x24' covered structure connects the warehouse to the office building, which is situated on the east side of the property with direct

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 · 2024

What does the county charge?
$1k
Tax billed · 2024
Assessed value$89k
Assessed land$30k
Assessed improvement$59k
Effective rate1.43%

Value estimate

· Sep 2026
$280k
$252k – $308k
AI approach$285k
NOI build-up
Gross scheduled income$46k
Vacancy & credit loss−$793
Operating expenses−$7k
NOI · 8.58% cap applied$39k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$141/SF
Submarket average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$43 – $344

Cap rate analysis

How does the asset earn?
8.58%
$39k 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?
NMX
Single Unit Dwelling, Attached | Multi-Unit Residential NMX,* CMX,* RMX* Adult Family Daycare, Small (6 clients or less) & Large (7-12 cl...
General categoryMIXED_USE
JurisdictionFRESNO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency29.5
Dental Office23.2
Law Firm21.6

Location

1308 W Iota Ave Fresno, CA 93728
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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

1 recorded sale · 17 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
2006 Belmont, Fresno, CA 93728-2627 $250,000 Oct 2018 4,498 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
5 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?”
More about this property
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