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Property profile & analytics
OFF-MARKET
Estimated value
$3,180,000
Warehouses
1351 Crystal Ave Fresno, CA 93728-1142
Entity Owned
24-yr Hold
~
Est. High Equity
Property ID
US09-2513786
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1994
Construction
TILT-UP CONCRETE
Total area
36,352 SF
Lot
1.97 ac (85,813 SF)
Zoning code
BP
APN
449-200-17
UPID
US09-2513786
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
-
Busseto Foods Food Processing Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.24M
Blend (final)
Blend
$3.18M
Owner & transaction history
Busseto Foods INC · 24 yrs held
Busseto Foods INC
since 2001
5 recorded transactions
Zoning & alternative use
BP · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$5.2M
+53.0%
Industrial (general)
$5.1M
+49.4%
Office building
$4.7M
+36.1%
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
WAREHOUSE, STORAGE
$3,420,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,235,000
Change: +53% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,110,000
Change: +49% · Conversion: Easy
OFFICE BUILDING
$4,660,000
Change: +36% · Conversion: Difficult
Blend value · Realmo final
$3.18M
Range $2.86M – $3.50M · ±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
$87 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$28,906
Tax year 2024
Assessed value
$2,256,407
Assessed 2024
Previous assessed
$2,256,407
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$246,070
Assessed improvement
$2,010,337
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1994
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
36,352 SF
Lot
1.97 ac (85,813 SF)
Zoning code
BP
APN
449-200-17
UPID
US09-2513786
Jurisdiction
FRESNO
Zoning & alternative use
BP · Fresno, CA
Zoning BP · permitted uses
BP · 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
WAREHOUSE, STORAGE Current
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.2M
INDUSTRIAL (GENERAL)
Est. value
$5.1M
OFFICE BUILDING
Est. value
$4.7M
WAREHOUSE, STORAGE Current
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
1994
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.97 ac
Current owner
From public records · entity-resolved
Busseto Foods INC
Entity
Mailing address
PO BOX 12403, FRESNO, CA 93777-2403
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2016
—
Fratelli Beretta USA INC
—
Deed
related
$1,000,000 · Jpmorgan Chase Bank NA
Aug 31, 2001
—
Busseto Foods INC
Fig Partners
Grant Deed
$900,000 · Wells Fargo Bank
Feb 28, 1994
$160,000
Fig Partners
Rod Deluca Devel
Grant Deed
—
—
—
Fig Partners
—
Deed Of Trust
related
$1,600,000 · Iacobellis Trust
—
—
Fig Partners
—
Deed Of Trust
related
$1,554,218 · Iacobellis Trust
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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