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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Banks
1501 7th St Sanger, CA 93657-2401
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-2390878
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1965
Construction
TILT-UP CONCRETE
Total area
9,000 SF
Lot
0.43 ac (18,750 SF)
Zoning code
CC
APN
317-131-01
UPID
US09-2390878
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$945k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.01M
Owner & transaction history
Bank Of America National Associatio · 3 yrs held
Bank Of America National Associatio
since 2023
Last sale
$1.0M
2 recorded transactions
Zoning & alternative use
CC · Sanger, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+82.9%
Auto repair, garage
$1.2M
+76.4%
Office building
$1.1M
+70.2%
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 Sanger submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanger 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
$1,005,000
ML approach
$945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$665,000
Current use
COMMERCIAL (GENERAL)
$1,215,000
Change: +83% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,170,000
Change: +76% · Conversion: Difficult
OFFICE BUILDING
$1,130,000
Change: +70% · Conversion: Difficult
RESTAURANT
$1,105,000
Change: +66% · Conversion: Difficult
MEDICAL BUILDING
$900,000
Change: +35% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$690,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$685,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $1.00M (Apr 4 2023)
Last sale anchor
$1.00M
Apr 4 2023
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
$112 / 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
$11,482
Tax year 2023
Assessed value
$935,145
Assessed 2023
Previous assessed
$935,145
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$226,014
Assessed improvement
$709,131
Applied tax rate
9.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
9,000 SF
Lot
0.43 ac (18,750 SF)
Zoning code
CC
APN
317-131-01
UPID
US09-2390878
Jurisdiction
FRESNO
Zoning & alternative use
CC · Sanger, CAZoning CC · permitted uses
CC · Sanger, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$665,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
RESTAURANT
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$900,000
INDUSTRIAL (GENERAL)
Est. value
$690,000
RETAIL STORES
Est. value
$685,000
FINANCIAL BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RESTAURANT
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1965
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Bank Of America National Associatio
Entity
Free & Clear · 3 yrs held
Mailing address
1905 7TH ST, SANGER, CA 93657-2806
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2023
—
Bank Of America National Associatio
Sanger Unified School District
Lease
—
Apr 4, 2023
$1,000,000
Sanger Unified School District
Bank Of America National Trust
Grant Deed
—
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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