Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Auto shops
2431 Foundry Park Ave Fresno, CA 93706-4531
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-5124931
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2020
Construction
TYPE NOT SPECIFIED
Total area
9,600 SF
Lot
2.85 ac (124,146 SF)
Zoning code
M1
APN
479-030-90
UPID
US09-5124931
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
-
RK Truck Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$585k
Owner & transaction history
Singh Bassi Jaganjot · 1 yrs held
Singh Bassi Jaganjot
since 2024
Last sale
$585,000
7 recorded transactions
Zoning & alternative use
M1 · 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
$585,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $585k (Dec 10 2024)
Last sale anchor
$585k
Dec 10 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
$61 / 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
$22,958
Tax year 2023
Assessed value
$1,064,182
Assessed 2023
Previous assessed
$1,064,182
+0.0% YoY
Effective rate
2.16%
On assessed value
Assessed land
$639,781
Assessed improvement
$424,401
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2020
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
9,600 SF
Lot
2.85 ac (124,146 SF)
Zoning code
M1
APN
479-030-90
UPID
US09-5124931
Jurisdiction
FRESNO
Zoning & alternative use
M1 · Fresno, CA
Zoning M1 · permitted uses
M1 · 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
2020
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
2.85 ac
Current owner
From public records · entity-resolved
Singh Bassi Jaganjot
Individual
Mailing address
PO BOX 2515, CLOVIS, CA 93613-2515
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
Dec 10, 2024
—
Singh Bassi Jaganjot
Singh Bassi Jaganjot
Deed
related
—
May 22, 2023
—
Singh Bassi Jaganjot
—
Deed
related
$500,000 · State Bank Of India California
Jun 22, 2021
—
Singh Bassi Jaganjot
—
Deed
related
$150,000 · State Bank Of India California
Mar 18, 2020
—
Jaganjot S Bassi
—
Deed
related
$940,000 · State Bk/india
Sep 27, 2017
—
Jaganjot Bassi
—
Trustees Deed
related
$350,000 · Mid Vly Svcs
Sep 11, 2017
$585,000
Jaganjot Bassi
Toor Gary S Tr
Grant Deed
$285,000 · Gary S Toor
—
—
Jaganjot S Bassi
—
Deed Of Trust
related
$940,000 · State Bk/india
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2431 Foundry Park Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
