Property profile

1506 Palm Ave Fresno, CA 93728

OFF-MARKET
Auto shops
Property ID
US09-2642914
1,800 SF 0.28 ac lot Built 1980
Individually Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1980
Construction TILT-UP CONCRETE
Total area 1,800 SF
Lot 0.28 ac (12,000 SF)
Zoning code RS5
APN 451-031-13
UPID US09-2642914

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1506 Palm Ave Fresno, CA 93728-1628
Fresno metro Census 2200 FRESNO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k

Owner & transaction history

since 2025
Last sale
$600,000
7 recorded transactions
2025
$600,000
2025
Price N/A
2014
$153,000
1999
Price N/A
1995
$78,108
1993
$141,828
1969
Price N/A

Zoning & alternative use

RS5 · Fresno, CA
Top alternative use upside
Commercial (general) $625,000 +125.3%
Medical building $360,000 +30.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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