New search
Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Warehouses
1380 Hulbert Ave Fresno, CA 93728-1137
Trust Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0584520
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Construction
TYPE NOT SPECIFIED
Total area
5,578 SF
Lot
1.47 ac (64,033 SF)
Zoning code
BP
APN
449-200-11
UPID
US09-0584520
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
-
Guardian Technologies Inc Security Service
-
Jerico Fire Protection Company, Inc. General Contractor Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
$765k
Comparable Approach
Comparable
$734k
Blend (final)
Blend
$555k
Owner & transaction history
Miller Living Trust · 8 yrs held
Miller Living Trust
since 2017
7 recorded transactions
Zoning & alternative use
BP · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$860,000
+63.8%
Apartment house (5+ units)
$805,000
+53.0%
Industrial (general)
$785,000
+49.4%
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
$350,000
CAP Approach
CAP Return
Estimation
6%
$830,000
6.5%
$765,000
7%
$710,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$525,000
Current use
AUTO REPAIR, GARAGE
$860,000
Change: +64% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$805,000
Change: +53% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$785,000
Change: +49% · Conversion: Easy
OFFICE BUILDING
$715,000
Change: +36% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$99 / 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
$5,110
Tax year 2024
Assessed value
$390,591
Assessed 2024
Previous assessed
$390,591
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$174,263
Assessed improvement
$216,328
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
1982
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
5,578 SF
Lot
1.47 ac (64,033 SF)
Zoning code
BP
APN
449-200-11
UPID
US09-0584520
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
$525,000
AUTO REPAIR, GARAGE
Est. value
$860,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$805,000
INDUSTRIAL (GENERAL)
Est. value
$785,000
OFFICE BUILDING
Est. value
$715,000
WAREHOUSE, STORAGE 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
1982
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
1.47 ac
Current owner
From public records · entity-resolved
Miller Living Trust
Trust
Mailing address
9574 N BARTON AVE, FRESNO, CA 93720-4001
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2017
—
Miller Living Trust
Miller,christopher B
Quit Claim Deed
related
—
Jul 14, 2016
—
Christopher B Miller
Miller J & P Living Trust
Quit Claim Deed
related
—
Feb 9, 2016
—
Christopher B Miller
Miller,margaret A
Affidavit Of Death
related
—
Dec 8, 2005
—
Miller Jerry & Peggy Trust
Miller,jerry & Peggy
Quit Claim Deed
related
—
Sep 13, 2000
—
Jerry L Miller
Miller,jerry
Quit Claim Deed
related
$114,000 · Fresno Certified Dev Corp
Jun 29, 2000
$275,000
Jerry Miller
Tuffil,don L & Martha T
Grant Deed
$137,500 · Clovis Community Bank
Jun 10, 1997
$218,500
Tuffli Trust
Weaver,tim A
Grant Deed
—
Mar 22, 1995
$197,000
Tim A Weaver
Rod Deluca Development INC
Grant Deed
$115,187 · Seller
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1380 Hulbert Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
