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Property profile & analytics
OFF-MARKET
Estimated value
$5,965,000
Super regional malls
2015 Shields Ave Fresno, CA 93726-5428
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2506958
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1980
Construction
TYPE NOT SPECIFIED
Total area
647,611 SF
Lot
27.68 ac (1,205,740 SF)
Zoning code
CR
APN
437-181-20
UPID
US09-2506958
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
-
Caltrans Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.97M
Owner & transaction history
Omninet Properties Manchester · 14 yrs held
Omninet Properties Manchester
since 2012
7 recorded transactions
Zoning & alternative use
CR · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$9 / 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
$254,599
Tax year 2023
Assessed value
$19,723,630
Assessed 2023
Previous assessed
$19,723,630
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$3,500,000
Assessed improvement
$16,223,630
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1980
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Total area
647,611 SF
Lot
27.68 ac (1,205,740 SF)
Zoning code
CR
APN
437-181-20
UPID
US09-2506958
Jurisdiction
FRESNO
Zoning & alternative use
CR · Fresno, CA
Zoning CR · permitted uses
CR · 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.
Building & site characteristics
From public records
Year built
1980
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Lot
27.68 ac
Current owner
From public records · entity-resolved
Omninet Properties Manchester
Entity
Free & Clear · 14 yrs held
Mailing address
9420 WILSHIRE BLVD STE #400, BEVERLY HILLS, CA 90212-3151
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Aug 7, 2025
—
Ominet Properties Mancester Center
—
Deed
related
$28,000,000 · Israel Discount Bank Of New York
Sep 8, 2023
—
Ominet Properties Manchester Center
—
Deed
related
$33,750,000 · Cathay Bank
Sep 4, 2020
—
Omninet Properties Manchester Cente
—
Deed
related
$33,750,000 · Cathay Bank
Jul 30, 2018
—
Omninet Prop Manchester Ctr Ll
—
Loan Modification
related
$25,150,000 · Cathay Bk
Jun 20, 2016
—
Omninet Properties Manchester
—
Deed Of Trust
related
$25,150,000 · Cathay Bk
Apr 20, 2012
$250,000
Omninet Properties Manchester
Fresart LLC
Grant Deed
—
Apr 18, 2012
$250,000
Omninet Props Manchester Ctr
Fresart LLC
Grant Deed
—
Jun 1, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Omninet Props Manchester Ctr
—
Deed Of Trust
related
$35,500,000 · Cathay Bank
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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