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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Retail space
1515 Draper St, Kingsburg, CA 93631-1910
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2533621
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
TILT-UP CONCRETE
Total area
6,852 SF
Lot
0.22 ac (9,600 SF)
Zoning code
C2
APN
396-072-10
UPID
US09-2533621
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
-
RPS Real Estate Real Estate Agency
-
DEFT DEVELOPMENT Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.25M
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
Kingsburg Community Church · 1 yrs held
Kingsburg Community Church
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
C2 · Kingsburg, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+98.1%
Medical building
$1.3M
+81.2%
Office building
$1.2M
+57.4%
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
$1,250,000
ML approach
$1,250,000
CAP Approach
CAP Return
Estimation
6%
$1,475,000
6.5%
$1,365,000
7%
$1,265,000
Alternative Use
Use
Estimation
RESTAURANT
$1,460,000
Change: +98% · Conversion: Easy
MEDICAL BUILDING
$1,335,000
Change: +81% · Conversion: Difficult
OFFICE BUILDING
$1,160,000
Change: +57% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,005,000
Change: +36% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$870,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.25M (Oct 31 2024)
Last sale anchor
$1.25M
Oct 31 2024
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
$182 / 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
$4,279
Tax year 2023
Assessed value
$344,663
Assessed 2023
Previous assessed
$344,663
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$74,412
Assessed improvement
$270,251
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
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
6,852 SF
Lot
0.22 ac (9,600 SF)
Zoning code
C2
APN
396-072-10
UPID
US09-2533621
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
RESTAURANT
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$870,000
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Kingsburg Community Church
Entity
Mailing address
400 TAMAL PLZ STE #404, CORTE MADERA, CA 94925-1192
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2024
$1,250,000
Kingsburg Community Church
Gerald H Erickson
Grant Deed
$650,000 · Erickson Family 1997 Trust
Oct 31, 2024
—
Gerald H Erickson
Bradley A Erickson
Deed
related
—
Dec 31, 2013
—
Wigh Properties LP
Michaud,susan W
Quit Claim Deed
related
—
Sep 23, 2013
—
Susan W Michaud
Wigh Herbert H Trust
Quit Claim Deed
related
—
Dec 21, 2006
—
Susan W Michaud
Gustafson,henry E
Affidavit Of Death
related
—
Dec 28, 2001
—
Wigh Properties LP
Wigh Trust
Quit Claim Deed
related
—
Aug 11, 2000
—
Wigh Trust
Wigh,helen V
Quit Claim Deed
related
—
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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