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Property profile & analytics
OFF-MARKET
Estimated value
$10,000,000
Apartment buildings
1636 Broadway St Fresno, CA 93721-1600
Individually Owned
1-yr Hold
Property ID
US09-5120346
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2015
Construction
WOOD
Total area
43,002 SF
Lot
1.34 ac (58,370 SF)
Zoning code
DTN
APN
466-193-28
UPID
US09-5120346
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
-
Brio on Broadway Apartment Complex
-
Fresno Area Telephone & PBX Telecommunications Service
-
Infinity Entertainment Nightclub Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.00M
CAP Approach
CAP
$7.59M
Comparable Approach
Comparable
$7.75M
Blend (final)
Blend
$10.00M
Owner & transaction history
Inder Dosanjh · 1 yrs held
Inder Dosanjh
since 2024
Last sale
$10.0M
7 recorded transactions
Zoning & alternative use
DTN · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$14.9M
+171.1%
Restaurant
$10.1M
+83.5%
Medical building
$8.6M
+56.9%
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
$10,000,000
ML approach
$10,000,000
CAP Approach
CAP Return
Estimation
6%
$8,225,000
6.5%
$7,590,000
7%
$7,050,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$14,935,000
Change: +171% · Conversion: Moderate
RESTAURANT
$10,110,000
Change: +84% · Conversion: Difficult
MEDICAL BUILDING
$8,645,000
Change: +57% · Conversion: Moderate
AUTO REPAIR, GARAGE
$6,630,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$6,150,000
Change: +12% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$6,045,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$10.00M
Range $9.00M – $11.00M · ±10% · vs last sale $10.00M (Dec 30 2024)
Last sale anchor
$10.00M
Dec 30 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
$233 / 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
$118,080
Tax year 2023
Assessed value
$9,255,879
Assessed 2023
Previous assessed
$9,255,879
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$725,086
Assessed improvement
$8,530,793
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
2015
Construction
WOOD
Heating
NONE
Stories
3
Units
52
Total area
43,002 SF
Lot
1.34 ac (58,370 SF)
Zoning code
DTN
APN
466-193-28
UPID
US09-5120346
Jurisdiction
FRESNO
Zoning & alternative use
DTN · Fresno, CA
Zoning DTN · permitted uses
DTN · 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
$14.9M
RESTAURANT
Est. value
$10.1M
MEDICAL BUILDING
Est. value
$8.6M
AUTO REPAIR, GARAGE
Est. value
$6.6M
OFFICE BUILDING
Est. value
$6.2M
INDUSTRIAL (GENERAL)
Est. value
$6.0M
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (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
2015
Construction
WOOD
Heating
NONE
Stories
3
Units
52
Lot
1.34 ac
Current owner
From public records · entity-resolved
Inder Dosanjh
Individual
Mailing address
1954 EE FT #500, SALT LAKE CITY, UT 84121
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
$10,000,000
Inder Dosanjh
Brio On Broadway Apartments LLC
Grant Deed
—
Apr 19, 2019
—
Brlo On Broadway Apartments LLC
Brlo On Broadway Apartments LLC
Correction Deed
related
$1,175,000 · Hunt Mortgage
Apr 3, 2017
$4,832,500
Brio On Broadway Apartments LLC
Ffda Properties LLC
Grant Deed
$3,800,000 · Hunt Mortgage Capital LLC
Sep 25, 2014
—
Ffda Properties LLC
—
Trustees Deed
related
$3,700,000 · Wells Fargo Bk
Mar 25, 2014
—
Ffda Properties LLC
City Of Fresno
Grant Deed
related
—
Jan 10, 2013
—
Ffda Properties LLC
Marjaree Mason Center INC
Grant Deed
—
Mar 2, 2006
—
Marjaree Mason Center INC
Ywca Of Fresno
Grant Deed
—
—
—
Ffda Properties LLC
—
Deed Of Trust
related
$1,880,000 · Redevelopment Agency Of Fresno
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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