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Property profile & analytics
OFF-MARKET
Estimated value
$32,870,000
Warehouses
2035 Annadale Ave Fresno, CA 93706-5457
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0340298
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Construction
TILT-UP CONCRETE
Total area
569,220 SF
Lot
23.45 ac (1,021,482 SF)
Zoning code
IL
APN
328-240-50
UPID
US09-0340298
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
-
Bubble Fiesta Rentals Party Supply Store Rental Equipment Company
-
Newstar Packaging & Logistics Warehouse & Storage
-
Bolem's Solar Systems Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$35.48M
Blend (final)
Blend
$32.87M
Owner & transaction history
Sdg Fresno 570 LLC · 8 yrs held
Sdg Fresno 570 LLC
since 2017
5 recorded transactions
Zoning & alternative use
IL · 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
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
WAREHOUSE, STORAGE
$53,395,000
Current use
Blend value · Realmo final
$32.87M
Range $29.58M – $36.16M · ±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
$58 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$248,791
Tax year 2024
Assessed value
$21,100,213
Assessed 2024
Previous assessed
$21,100,213
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,363,257
Assessed improvement
$19,736,956
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
569,220 SF
Lot
23.45 ac (1,021,482 SF)
Zoning code
IL
APN
328-240-50
UPID
US09-0340298
Jurisdiction
FRESNO
Zoning & alternative use
IL · Fresno, CA
Zoning IL · permitted uses
IL · 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
WAREHOUSE, STORAGE Current
Est. value
$53.4M
WAREHOUSE, STORAGE Current
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
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
23.45 ac
Current owner
From public records · entity-resolved
Sdg Fresno 570 LLC
Entity
Mailing address
413 W YOSEMITE AVE STE #105, MADERA, CA 93637-4574
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2020
—
Sdg Fresno 570 LLC
—
Deed
related
$7,000,000 · Miscellaneous Ins Co
Nov 8, 2017
—
Sdg Fresno 570 LLC
Sdg Fresno LLC
Quit Claim Deed
related
$24,000,000 · Miscellaneous Ins Co
Oct 2, 2003
—
Sdg Fresno 570 LLC
—
Deed Of Trust
related
$18,400,000 · Transamerica Occidental Life
—
—
Sdg Fresno 570 LLC
—
Deed Of Trust
related
$7,000,000 · Miscellaneous Ins Co
—
—
Sdg Fresno 570 LLC
—
Loan Modification
related
$7,000,000 · Miscellaneous Ins Co
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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