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Property profile & analytics
OFF-MARKET
Estimated value
$140,000
Retail space
1544 Fulton St Fresno, CA 93721-1612
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-0579562
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1929
Construction
TILT-UP CONCRETE
Total area
8,930 SF
Lot
0.17 ac (7,500 SF)
Zoning code
DTN
APN
466-145-07
UPID
US09-0579562
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
-
Jeffrey Scott Agency Marketing & Advertising Advertising Agency
-
Historic PG&E Building Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$185k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$140k
Owner & transaction history
Amir Reza Assemi · 3 yrs held
Amir Reza Assemi
since 2023
Last sale
$177,000
7 recorded transactions
Zoning & alternative use
DTN · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The DTC District will foster the enhancement of Fresno's business, shopping, and cultural heart by guiding the development of the densest, most active, and most interesting mixed-use urban center in the region.
Zone name
Downtown Neighborhood
General category
MIXED_USE
Zone area
357.32 ac
Source
Realmo
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
$140,000
ML approach
$185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$140k
Range $126k – $154k · ±10% · vs last sale $177k (Apr 26 2023)
Last sale anchor
$177k
Apr 26 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
$16 / 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
$4,203
Tax year 2023
Assessed value
$209,491
Assessed 2023
Previous assessed
$209,491
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$71,012
Assessed improvement
$138,479
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1929
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
8,930 SF
Lot
0.17 ac (7,500 SF)
Zoning code
DTN
APN
466-145-07
UPID
US09-0579562
Jurisdiction
FRESNO
Zoning & alternative use
DTN · Fresno, CAZoning DTN · permitted uses
DTN · Fresno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The DTC District will foster the enhancement of Fresno's business, shopping, and cultural heart by guiding the development of the densest, most active, and most interesting mixed-use urban center in the region.
Zone name
Downtown Neighborhood
General category
MIXED_USE
Zone area
357.32 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1929
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Amir Reza Assemi
Individual
Mailing address
1677 W SHAW AVE STE #101, FRESNO, CA 93711-3515
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2025
—
The Reza Assemi Trust
—
Deed
related
$900,000 · United Security Bank
Apr 26, 2023
—
Amir Reza Assemi
Amir Reza Assemi
Intrafamily Transfer
related
—
Sep 20, 2018
—
City Of Fresno
City Of Fresno Cultural Arts P
Quit Claim Deed
—
May 13, 2016
—
Reza Assemi
—
Deed
related
$350,000 · United Security Bank
Jun 12, 2013
$177,000
Reza Assemi
City Of Fresno
Grant Deed
—
Jun 12, 2013
—
City Of Fresno
City Of Fresno Cultural Arts
Quit Claim Deed
—
Apr 1, 2010
$16,660,000
City Of Fresno Cultural Arts
City Of Fresno
Grant Deed
$16,660,000 · Clearinghouse Nmtc (sub 18)
Nov 17, 2009
—
City Of Fresno
Fresno Metropolitan Museum
Quit Claim Deed
—
Feb 12, 1999
$250,000
Fresno Metropolitan Museum
Theatre 3 Fresno INC
Grant Deed
related
—
Dec 31, 1998
—
Goede Trust
Goede,gordon
Quit Claim Deed
related
—
Apr 30, 1998
—
Goede Trust
Goede,gordon
Quit Claim Deed
related
—
Nov 12, 1985
$3,700
—
—
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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