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    Property profile & analytics

    2514 Jensen Ave Sanger, CA 93657-2450

    • Medical offices
    • 4,716 SF
    • 0.29 lot acres
    OFF-MARKET
    Last Sale
    Feb 24, 2023
    $2,100,000
    Value Estimations
    $2,115,000
    Show details
    Cap Rate Potential
    3.2%
    Medical offices
    Location Intelligence
    Property ID
    US09-2520702
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 2514 Jensen Ave

    Year built
    1968
    Construction
    TILT-UP CONCRETE
    Lot size
    0.29 lot acres
    Property size
    4,716 SF
    Zone code
    CP
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    315-180-10
    APU
    31518010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,115,000
      ML approach
      $2,185,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sanger
    County
    Fresno
    State
    California
    Longitude
    -119.572
    Latitude
    36.7071
    CBSA code
    23420
    CBSA name
    FRESNO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,236
    $45,271
    $379,840
    $425,111
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $280,000
      3,160 SF

      825 Nn St

      MEDICAL BUILDING • 3,160 SF
      825 Nn St, Sanger, CA 93657-3115
      View Details
    • Value Estimation
      $280,000
      3,156 SF

      800 Nn St

      MEDICAL BUILDING • 3,156 SF
      800 Nn St, Sanger, CA 93657-3116
      View Details
    • Value Estimation
      $265,000
      976 SF

      1329 8th St

      MEDICAL BUILDING • 976 SF
      1329 8th St, Sanger, CA 93657-3171
      View Details
    • Value Estimation
      $280,000
      1,446 SF

      1329 8th St

      MEDICAL BUILDING • 1,446 SF
      1329 8th St, Sanger, CA 93657-3171
      View Details
    • Value Estimation
      $530,000
      14,888 SF

      2511 Jensen Ave

      MEDICAL BUILDING • 14,888 SF
      2511 Jensen Ave, Sanger, CA 93657-2251
      View Details
    • Value Estimation
      $350,000
      12,000 SF

      1939 Academy Ave

      MEDICAL BUILDING • 12,000 SF
      1939 Academy Ave, Sanger, CA 93657-3737
      View Details

    Similar Nearby for Sale

    • $650,000
      1,849 SF

      Medical Office Space For Sale

      Rare, recently remodeled medical office space with covered parking.
      2317 Jensen Ave, Sanger, CA 93657
      View Details
    • $2,495,000
      33,690 SF

      Sanger Industrial Property - $2.495M

      ±33,690 SF Manufacturing/Warehouse
      101 Academy Ave, Sanger, CA 93657
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    • $4,787,000
      191.48 Acres

      Shaw Avenue Estates: 191 Acres

      Prime Agricultural Land, Fresno County
      5496 Newmark Ave, Gravesboro, CA 93657
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    • $700,000
      15,000 SF

      Versatile Retail/Warehouse Space For Sale

      15,000 SF retail/warehouse with high-traffic frontage and flexible layout.
      929 Academy Ave, Sanger, CA 93657
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    • $7,555,000

      Industrial Property in Sanger, CA

      Industrial property available for sale in Sanger, California.
      1945 Industrial Way, Sanger, CA 93657
      View Details
    • $50,000
      1.16 Acres

      Sanger, CA Vacant Land

      1.16-acre vacant lot near Kings River and Pine Flat Lake.
      Bellows Dr, Sanger, CA 93657
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Retail Space in Sanger, CA

      2400 SF retail space available for lease.
      775 Bethel Ave, Sanger, CA 93657
      View Details
    • $1.15 SF/Yr
      1,405 SF

      Downtown Sanger Retail Space Available

      Prime retail spaces in downtown Sanger with high consumer traffic.
      1336 7Th St, Sanger, CA 93657
      View Details
    • $1.15 SF/Yr
      1,635 SF

      Prime Retail Space in Sanger

      High-exposure retail spaces available in downtown Sanger corridor.
      1332 7Th St, Sanger, CA 93657
      View Details
    • Contact for pricing
      1,865 SF

      Retail Space in Northgate Plaza

      Retail space in a busy shopping center anchored by State Foods.
      237-287 Academy Ave, Sanger, CA 93657
      View Details
    • Contact for pricing
      18,900 SF

      Former Retail Space Available

      Former retail space of 18,900± SF available for rent.
      2680 Jensen Ave, Sanger, CA 93657
      View Details
    • Contact for pricing
      2,464 SF

      Retail Endcap Space Available

      Endcap retail space on Sanger's primary retail corridor.
      333 Academy Ave, Sanger, CA 93657
      View Details
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    2514 Jensen Ave
    Sanger, CA 93657-2450
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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