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Property profile & analytics
OFF-MARKET
Retail space
2526 Elm Ave Fresno, CA 93706-5045
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-0581072
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1957
Construction
WOOD
Total area
1,800 SF
Lot
0.65 ac (28,350 SF)
Zoning code
RM1
APN
479-020-30
UPID
US09-0581072
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tomas Noel Cruz SR.
Tomas Noel Cruz SR.
since 2025
7 recorded transactions
Zoning & alternative use
RM1 · 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
$1,249
Tax year 2023
Assessed value
$84,258
Assessed 2023
Previous assessed
$84,258
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$32,859
Assessed improvement
$51,399
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
1957
Construction
WOOD
Heating
NONE
Stories
1
Total area
1,800 SF
Lot
0.65 ac (28,350 SF)
Zoning code
RM1
APN
479-020-30
UPID
US09-0581072
Jurisdiction
FRESNO
Zoning & alternative use
RM1 · Fresno, CA
Zoning RM1 · permitted uses
RM1 · 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
1957
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Tomas Noel Cruz SR.
Individual
Mailing address
2551 S ELM AVE, FRESNO, CA 93706-5046
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2025
—
Tomas Noel Cruz SR.
George Cruz JR
Deed
related
—
Apr 17, 2025
—
Cruz Rodriguez Carmenlinda
Florencio Cruz JR
Deed
related
—
Mar 1, 2007
—
Florencio C Cruz JR.
Cruz,florencio JR
Quit Claim Deed
related
$185,000 · Adamo Anthony J & L A Trust
Mar 11, 2004
—
Florencio Cruz
Cruz,george R
Quit Claim Deed
related
—
Feb 2, 2000
—
Florencio Cruz
Cruz,margaret
Quit Claim Deed
related
—
Feb 2, 2000
$66,000
Cruz,george R
Galanza,felicisima S
Trustees Deed
$66,000 · Seller
Apr 23, 1999
—
Felicisma S Galanza
Galanza,felicisma S
Quit Claim Deed
related
$30,000 · Oro Financial California
Jan 22, 1997
—
Felicisima S Galanza
Cooper,norman
Quit Claim Deed
related
—
Jun 8, 1978
$15,000
Felicisima Galanza
—
Grant Deed
related
—
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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