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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Retail space
1461 Draper St Kingsburg, CA 93631-1908
Trust Owned
21-yr Hold
~
Est. High Equity
Property ID
US09-3319755
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
TILT-UP CONCRETE
Total area
3,866 SF
Lot
0.17 ac (7,500 SF)
Zoning code
C2
APN
396-071-10
UPID
US09-3319755
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
-
Morgan's Village Flooring Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$609k
Blend (final)
Blend
$610k
Owner & transaction history
Olson Family Trust · 21 yrs held
Olson Family Trust
since 2005
7 recorded transactions
Zoning & alternative use
C2 · Kingsburg, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$755,000
+81.2%
Office building
$655,000
+57.4%
Auto repair, garage
$570,000
+36.4%
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 Kingsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingsburg 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%
$835,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
RETAIL STORES
$415,000
Current use
MEDICAL BUILDING
$755,000
Change: +81% · Conversion: Difficult
OFFICE BUILDING
$655,000
Change: +57% · Conversion: Easy
AUTO REPAIR, GARAGE
$570,000
Change: +36% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$158 / 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
$5,364
Tax year 2023
Assessed value
$434,479
Assessed 2023
Previous assessed
$434,479
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$86,890
Assessed improvement
$347,589
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1920
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,866 SF
Lot
0.17 ac (7,500 SF)
Zoning code
C2
APN
396-071-10
UPID
US09-3319755
Jurisdiction
FRESNO
Zoning & alternative use
C2 · Kingsburg, CA
Zoning C2 · permitted uses
C2 · Kingsburg, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kingsburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$415,000
MEDICAL BUILDING
Est. value
$755,000
OFFICE BUILDING
Est. value
$655,000
AUTO REPAIR, GARAGE
Est. value
$570,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1920
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Olson Family Trust
Trust
Mailing address
4651 BOSTON AVE, KINGSBURG, CA 93631-9001
Ownership since
2005
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
Mar 24, 2022
—
R Wayne Olson
—
Deed
related
$802,542 · Fresno Cdfi
Apr 23, 2020
—
R Wayne Olson
—
Deed
related
$232,636 · Fresno Cdfi
May 19, 2005
—
Olson Family Trust
Olson,r W & Eileen M
Quit Claim Deed
related
—
May 7, 2001
—
Olson R W
Olson Bros Trucking
Quit Claim Deed
related
—
Feb 1, 1984
$85,000
Olson Trucking
—
Grant Deed
related
—
Jan 5, 1978
$53,500
—
—
Grant Deed
related
—
—
—
Olson R W
—
Deed Of Trust
related
$226,000 · Westamerica Bank
—
—
Olson R W
—
Deed Of Trust
related
$2,671,109 · Westamerica Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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