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Property profile & analytics
OFF-MARKET
Estimated value
$3,405,000
Apartment buildings
1540 B St Fresno, CA 93706-1967
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-1214770
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2022
Construction
WOOD
Total area
6,423 SF
Lot
0.26 ac (11,250 SF)
Zoning code
RS5
APN
465-171-14
UPID
US09-1214770
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
-
B Street Apartments Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.41M
Owner & transaction history
Gt Jf Investments LLC · 3 yrs held
Gt Jf Investments LLC
since 2023
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
RS5 · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.2M
+171.1%
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
$3,455,000
ML approach
$3,440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,230,000
Change: +171% · Conversion: Moderate
Blend value · Realmo final
$3.41M
Range $3.06M – $3.75M · ±10% · vs last sale $3.36M (May 5 2023)
Last sale anchor
$3.36M
May 5 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
$530 / 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
$15,374
Tax year 2023
Assessed value
$1,206,864
Assessed 2023
Previous assessed
$1,206,864
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$62,424
Assessed improvement
$1,144,440
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2022
Construction
WOOD
Heating
NONE
Stories
2
Bathrooms
1
Total area
6,423 SF
Lot
0.26 ac (11,250 SF)
Zoning code
RS5
APN
465-171-14
UPID
US09-1214770
Jurisdiction
FRESNO
Zoning & alternative use
RS5 · Fresno, CA
Zoning RS5 · permitted uses
RS5 · 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
COMMERCIAL (GENERAL)
Est. value
$2.2M
COMMERCIAL (GENERAL)
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
2022
Construction
WOOD
Heating
NONE
Stories
2
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Gt Jf Investments LLC
Entity
Mailing address
533 ALDEN LN, LIVERMORE, CA 94550-8630
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2023
$3,360,000
Gt Jf Investments LLC
B Street Kris LLC
Grant Deed
$2,023,000 · Cbre Capital Markets INC
Jun 22, 2021
$3,141,500
B Street Kris LLC
Bagger Investments LLC
Grant Deed
—
Sep 19, 2018
—
Bagger Investments LLC
Cen Cal Builders & Developers
Grant Deed
—
Oct 25, 2017
$25,000
Cen Cal Builders & Developers
Mayorga Melissa Trust
Grant Deed
—
Oct 25, 2016
—
Mayorga,melissa 2016 Trust
Mayorga,melissa
Quit Claim Deed
related
—
Feb 17, 2016
$30,000
Melissa M Mayorga
Mims Leroy Trust
Grant Deed
—
Feb 9, 2001
—
Mims Trust
Mims,leroy
Quit Claim Deed
related
—
Jul 13, 1979
$10,000
Leroy Mims
—
Grant 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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