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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Grocery and convenience stores
1680 Olive Ave Fresno, CA 93728-2638
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US10-3135716
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2000
Construction
WOOD
Total area
4,045 SF
Lot
0.45 ac (19,602 SF)
Zoning code
NMX
APN
449-232-05
UPID
US10-3135716
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
-
MMM Maintenance Auto Parts Store
-
Shell Grocery & Convenience Store
-
Just Digital Coin Bitcoin ATM Atm
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$840k
Comparable Approach
Comparable
$504k
Blend (final)
Blend
$730k
Owner & transaction history
Vikram Vohra · 8 yrs held
Vikram Vohra
since 2017
7 recorded transactions
Zoning & alternative use
NMX · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$685,000
+611.2%
Office building
$465,000
+383.9%
Auto repair, garage
$455,000
+371.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$915,000
6.5%
$840,000
7%
$780,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$685,000
Change: +611% · Conversion: Easy
OFFICE BUILDING
$465,000
Change: +384% · Conversion: Moderate
AUTO REPAIR, GARAGE
$455,000
Change: +371% · Conversion: Difficult
MEDICAL BUILDING
$445,000
Change: +362% · Conversion: Difficult
Blend value · Realmo final
$730k
Range $657k – $803k · ±10%
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
$180 / 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
$13,707
Tax year 2023
Assessed value
$1,069,915
Assessed 2023
Previous assessed
$1,069,915
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$328,093
Assessed improvement
$741,822
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2000
Construction
WOOD
Heating
NONE
Stories
2
Total area
4,045 SF
Lot
0.45 ac (19,602 SF)
Zoning code
NMX
APN
449-232-05
UPID
US10-3135716
Jurisdiction
FRESNO
Zoning & alternative use
NMX · Fresno, CA
Zoning NMX · permitted uses
NMX · 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
$685,000
OFFICE BUILDING
Est. value
$465,000
AUTO REPAIR, GARAGE
Est. value
$455,000
MEDICAL BUILDING
Est. value
$445,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2000
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.45 ac
Current owner
From public records · entity-resolved
Vikram Vohra
Individual
Mailing address
1750 E BULLARD AVE STE #105, FRESNO, CA 93710-5860
Ownership since
2017
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
Mar 24, 2020
—
Vinay Vohra
—
Deed
related
$517,900 · R M Parks INC
Oct 3, 2017
—
Vikram Vohra
Vohra,ruchi
Quit Claim Deed
related
$728,000 · Bank Of The Sierra
Oct 3, 2017
$800,000
Vinay Vohra
Kaur,jaswinder
Grant Deed
$125,096 · Jaswinder Kaur
May 23, 2016
—
Jaswinder Kaur
—
Deed
related
—
Jul 5, 2005
$1,400,000
Jaswinder Kaur
Eshraghi,shoa
Grant Deed
$1,003,500 · Fullerton Community Bank Fsb
Sep 9, 2003
—
Bratton,tr
Lungren,tr
Grant Deed
related
$275,000 · Lungren Trust
Jun 22, 1998
$5,000
M Friis-hansen & Co
Deluca,rodney J & Marcella L
Grant Deed
—
—
—
Shoa Eshraghi
—
Deed Of Trust
related
$755,500 · California Bank & Trust
—
—
Vinay Vohra
—
Deed Of Trust
related
$517,900 · R M Parks INC
—
—
Jaswinder Kaur
—
Deed Of Trust
related
—
—
—
Vinay Vohre
—
Deed Of Trust
related
$468,140 · Rm Parks INC
—
—
Jaswinder Kaur
—
Deed Of Trust
related
$51,000 · Pritam Gill
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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