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Property profile & analytics
OFF-MARKET
Retail space
2403 Belmont Ave Fresno, CA 93701-2203
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-2505718
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1953
Construction
TILT-UP CONCRETE
Total area
3,920 SF
Lot
0.17 ac (7,500 SF)
Zoning code
NMX
APN
452-316-15
UPID
US09-2505718
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
-
Banks & Co (Nwestco LLC) Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Moore Concepts Properties LLC · 5 yrs held
Moore Concepts Properties LLC
since 2021
7 recorded transactions
Zoning & alternative use
NMX · 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
—
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
$1,636
Tax year 2023
Assessed value
$117,818
Assessed 2023
Previous assessed
$117,818
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$41,235
Assessed improvement
$76,583
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1953
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,920 SF
Lot
0.17 ac (7,500 SF)
Zoning code
NMX
APN
452-316-15
UPID
US09-2505718
Jurisdiction
FRESNO
Zoning & alternative use
NMX · Fresno, CA
Zoning NMX · permitted uses
NMX · 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
1953
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Moore Concepts Properties LLC
Entity
Mailing address
39 W POWERS AVE, CLOVIS, CA 93619-8739
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2021
—
Moore Concepts Properties LLC
Johnny W Moore
Correction Deed
related
—
Nov 23, 2020
—
Moore Concepts Properties LLC
Moore Family Trust
Quit Claim Deed
related
—
Aug 3, 2016
—
Johnny W Moore
—
Deed
related
$400,000 · Fresno First Bank
Nov 8, 2013
—
Johnny W Moore
Moore 2004 Trust
Quit Claim Deed
related
$250,330 · Fresno First Bank
Apr 15, 2004
—
Moore,tr
Moore,banks
Quit Claim Deed
related
—
Jul 5, 1979
—
William B Moore
—
Grant Deed
related
—
—
—
Moore 2004 Trust
—
Deed Of Trust
related
$240,000 · County Bank
—
—
Moore 2004 Trust
—
Deed Of Trust
related
$350,000 · County 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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