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Property profile & analytics
OFF-MARKET
Estimated value
$2,955,000
Grocery and convenience stores
1751 Simpson St Kingsburg, CA 93631-1821
Entity Owned
2-yr Hold
Free & Clear
Property ID
US09-1549749
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2021
Construction
WOOD
Total area
17,808 SF
Lot
2.08 ac (90,604 SF)
APN
395-050-85S
UPID
US09-1549749
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
-
Grocery Outlet Grocery & Convenience Store Food Market
-
TNT Fireworks Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.54M
Comparable Approach
Comparable
$3.08M
Blend (final)
Blend
$2.96M
Owner & transaction history
Bb Holdings Ca LLC · 2 yrs held
Bb Holdings Ca LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.8M
+98.1%
Medical building
$3.5M
+81.2%
Office building
$3.0M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,835,000
6.5%
$3,540,000
7%
$3,290,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,915,000
Current use
RESTAURANT
$3,795,000
Change: +98% · Conversion: Easy
MEDICAL BUILDING
$3,475,000
Change: +81% · Conversion: Difficult
OFFICE BUILDING
$3,015,000
Change: +57% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,615,000
Change: +36% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,265,000
Change: +18% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,895,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$2.96M
Range $2.66M – $3.25M · ±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
$166 / 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
$50,282
Tax year 2023
Assessed value
$4,539,000
Assessed 2023
Previous assessed
$4,539,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$969,000
Assessed improvement
$3,570,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2021
Construction
WOOD
Heating
NONE
Stories
1
Total area
17,808 SF
Lot
2.08 ac (90,604 SF)
APN
395-050-85S
UPID
US09-1549749
Jurisdiction
FRESNO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.9M
RESTAURANT
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2021
Construction
WOOD
Heating
NONE
Stories
1
Lot
2.08 ac
Current owner
From public records · entity-resolved
Bb Holdings Ca LLC
Entity
Free & Clear · 2 yrs held
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2024
—
Bb Holdings Ca LLC
Evergreen Sierra & Simpson LLC
Lease
—
Jun 9, 2022
—
Bosley Investments Ltd
Kingsburg Oak LLC
Grant Deed
—
Mar 10, 2022
$500,000
Kurt Winter
Kingsburg Oak LLC
Grant Deed
$3,869,632 · Boscacci Group LLC
Jul 12, 2021
$7,442,000
Kingsburg Oak LLC
Kingsburg Go LLC
Grant Deed
$7,444,300 · Kurt Winter Etux
Jun 25, 2020
$909,500
Kingsburg Go LLC
F-iv Properties LLC
Grant Deed
$4,290,000 · Bank Of The Sierra
Jun 5, 2020
$879,000
Reedley Community Hospital
F-iv Properties LLC
Grant Deed
—
May 8, 2020
—
F-iv Properties LLC
F-iv Properties LLC
Quit Claim Deed
related
—
Sep 16, 2011
—
F-iv Properties LLC
Hauenstein F & F Living Trust
Grant Deed
—
Mar 15, 2007
—
Hauenstein F & F Living Trust
Hauenstein Fred & F Trust
Quit Claim Deed
related
—
Jan 12, 1998
—
Hauenstein Trust
Hauenstein,fred W & Frances C
Quit Claim Deed
related
—
Aug 19, 1985
$300,000
Hauenstein,fred W & Frances C Trust
—
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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