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Property profile & analytics
OFF-MARKET
Estimated value
$1,970,000
Grocery and convenience stores
2414 Fruit Ave Fresno, CA 93705-4626
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-0508307
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2001
Construction
WOOD
Total area
4,608 SF
Lot
0.46 ac (19,840 SF)
Zoning code
CC
APN
443-291-23
UPID
US09-0508307
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
-
Western Union Bank Credit Union
-
7-Eleven Grocery & Convenience Store
-
Amazon Locker - Jive Courier Service Postal Service
-
ATM Atm
-
Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.93M
Blend (final)
Blend
$1.97M
Owner & transaction history
Sean Sanchez · 5 yrs held
Sean Sanchez
since 2020
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
CC · 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
$2,160,000
ML approach
$2,160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.97M
Range $1.77M – $2.17M · ±10% · vs last sale $1.80M (Nov 3 2020)
Last sale anchor
$1.80M
Nov 3 2020
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
$428 / 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
$21,924
Tax year 2023
Assessed value
$1,716,659
Assessed 2023
Previous assessed
$1,716,659
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$205,999
Assessed improvement
$1,510,660
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,608 SF
Lot
0.46 ac (19,840 SF)
Zoning code
CC
APN
443-291-23
UPID
US09-0508307
Jurisdiction
FRESNO
Zoning & alternative use
CC · Fresno, CA
Zoning CC · permitted uses
CC · 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
2001
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Sean Sanchez
Individual
Mailing address
PO BOX 1830, SAN PEDRO, CA 90733-1830
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2020
—
Sean Sanchez
Jennifer Sanchez
Quit Claim Deed
related
—
Nov 3, 2020
$1,800,000
Hilf Payares Properties INC
Shane S Anderson
Grant Deed
$825,000 · The Bank Of Hemet
Jun 3, 2019
—
Wenjun He
Cash Ents LLC
Quit Claim Deed
—
Jan 23, 2013
—
Cash Ents
Alliance Mtg
Grant Deed
—
Nov 17, 2010
$236,000
Mtg Alliance
Fidelity National Title Co
Trustees Deed
related
—
Jul 22, 2010
—
Gurbachan Singh
G & K Mini Mart LLC
Grant Deed
—
Dec 31, 2008
—
G & K Mini Mart LLC
Singh,gurbachan
Grant Deed
—
Sep 24, 2004
—
Gurbachan Singh
Gurbachan,singh
Quit Claim Deed
related
$260,000 · County Bank
Sep 26, 2000
—
Gurbachan Singh
Gurbachan,singh
Quit Claim Deed
related
$250,000 · County Bank
Feb 15, 2000
$65,000
Singh Gurbachan
Gentile Trust
Grant Deed
—
Jan 3, 2000
—
Gary P Gentile Trustee
Gentile Trust
Quit Claim Deed
related
—
Oct 22, 1998
—
Gentile Trust
Gentile,louis P
Quit Claim Deed
related
—
Oct 4, 1979
—
—
—
Grant Deed
related
—
—
—
Cash Ents LLC
—
Deed Of Trust
related
$750,000 · Citizens Business Bank
—
—
Gurbachan Singh
—
Deed Of Trust
related
$50,000 · County Bank
—
—
Gurbachan Singh
—
Deed Of Trust
related
$50,000 · County Bank
—
—
Alliance Mtg Lending Svcs INC
—
Deed Of Trust
related
$500,000 · Wenjun He
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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