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Property profile & analytics
FOR SALE
Apartment buildings
201 Walnut Ave 1 Coalinga, CA 93210-1311
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-1161892
For Sale
1 / 17
$1,470,000
201 Walnut Ave,Unit 1, Coalinga, CA 93210-1311
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
13,004 SF
Lot
1 ac (43,500 SF)
Zoning code
R3
APN
071-161-16S
UPID
US09-1161892
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
-
The Palms Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.40M
Owner & transaction history
Annadale Housing · 6 yrs held
Annadale Housing
since 2019
7 recorded transactions
Zoning & alternative use
R3 · Coalinga, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.2M
+64.6%
Auto repair, garage
$1.9M
+42.6%
Retail stores
$1.4M
+4.5%
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 Coalinga submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coalinga 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,340,000
Current use
OFFICE BUILDING
$2,205,000
Change: +65% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,910,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$1,400,000
Change: +5% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,385,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±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
$107 / 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
$13,638
Tax year 2023
Assessed value
$1,084,454
Assessed 2023
Previous assessed
$1,084,454
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$273,304
Assessed improvement
$811,150
Applied tax rate
2.0000
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
For Sale
Year built
1962
Construction
WOOD
Heating
NONE
Cooling
EVAPORATIVE
Stories
1
Units
16
Bathrooms
16
Total area
13,004 SF
Lot
1 ac (43,500 SF)
Zoning code
R3
APN
071-161-16S
UPID
US09-1161892
Jurisdiction
FRESNO
Zoning & alternative use
R3 · Coalinga, CAZoning R3 · permitted uses
R3 · Coalinga, CA
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.9M
RETAIL STORES
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1962
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
16
Bathrooms
16
Lot
1 ac
Current owner
From public records · entity-resolved
Annadale Housing
Individual
Mailing address
6356 N FRESNO ST, FRESNO, CA 93710-5212
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2022
—
Annadale Housing Partners
—
Deed
related
$700,000 · Provident Savings Bank
Jan 13, 2021
—
Annadale Housing Partners
—
Deed
related
$608,810 · Pi Properties No 65 LLC
Aug 13, 2019
$1,025,000
Annadale Housing
Bjl Properties III LLC
Grant Deed
—
Dec 14, 2007
—
Bjl Properties III LLC
Craig P Neubo
Grant Deed
$567,500 · Washington Mutual Bank
Sep 14, 2005
—
Craig P Neubo
Neubo,craig P
Quit Claim Deed
related
—
Dec 10, 2004
$150,000
Kristy M Neubo
Newport Federal
Grant Deed
$150,000 · Newport Federal Savings Bank
Jan 15, 1992
$20,000
Kristy M Horning
Mays,cecil
Grant Deed
related
—
Feb 9, 1989
$20,000
Fed Newport
Horning,mc SR
Grant Deed
related
—
—
—
Annadale Housing Partners
—
Deed Of Trust
related
$608,810 · Pi Properties No 65 LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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