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Property profile & analytics
OFF-MARKET
Estimated value
$2,170,000
Flex space
2347 Muscat Ave Fresno, CA 93725-2421
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3163970
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2012
Construction
TYPE NOT SPECIFIED
Total area
19,575 SF
Lot
1.89 ac (82,328 SF)
Zoning code
M3
APN
330-080-40
UPID
US09-3163970
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.17M
CAP Approach
CAP
$2.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.17M
Owner & transaction history
Meeder Equipment Company · 1 yrs held
Meeder Equipment Company
since 2024
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
M3 · 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
$2,170,000
ML approach
$2,170,000
CAP Approach
CAP Return
Estimation
6%
$2,395,000
6.5%
$2,215,000
7%
$2,055,000
Blend value · Realmo final
$2.17M
Range $1.95M – $2.39M · ±10% · vs last sale $2.17M (Aug 16 2024)
Last sale anchor
$2.17M
Aug 16 2024
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
$111 / 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
$18,043
Tax year 2024
Assessed value
$1,545,430
Assessed 2024
Previous assessed
$1,545,430
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$263,766
Assessed improvement
$1,281,664
Applied tax rate
95.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2012
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
19,575 SF
Lot
1.89 ac (82,328 SF)
Zoning code
M3
APN
330-080-40
UPID
US09-3163970
Jurisdiction
FRESNO
Zoning & alternative use
M3 · Fresno, CA
Zoning M3 · permitted uses
M3 · 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
2012
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
1.89 ac
Current owner
From public records · entity-resolved
Meeder Equipment Company
Entity
Mailing address
3495 S MAPLE AVE, FRESNO, CA 93725-2413
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2024
$2,167,500
Meeder Equipment Company
Jacqueline K Vertz
Grant Deed
$1,408,875 · Citizens Business Bank
Sep 15, 2022
—
Jeffrey D Vertz
Jeffrey D Vertz
Intrafamily Transfer
related
—
Jan 25, 2011
—
Monge Steve 1994 Trust
Monge Steve 1994 Trust
Quit Claim Deed
related
—
Jan 25, 2011
$250,000
Jeffrey D Vertz
Monge,david
Grant Deed
—
Sep 1, 2004
—
David W I Monge
Monge,steve J
Affidavit Of Death
related
—
Jul 5, 1994
—
Monge Trust
Monge,steve
Quit Claim Deed
related
—
—
—
Monge Steve Trust
—
Deed Of Trust
related
$50,000 · Jeffrey D Vertz
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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