Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2581 Central Ave Fresno, CA 93725-2483
    Property profile & analytics

    2581 Central Ave, Fresno, CA 93725-2483

    View on Map
    • Mobile home & RV parks
    • 2,880 SF
    • 15.82 lot acres
    Off-Market
    Last Sale May 17, 2021
    Property ID
    US09-0587598
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mss Trucking / Trucking Company
    • Flamingo mobile home park / Housing Complex
    • CRYPTO PET INVESTMENT PLATFORM / Financial Advisor
    • Flamingo Mobil Home Lodge / Campground & RV Park

    Property Details for 2581 Central Ave

    Year built
    1965
    Construction
    TYPE NOT SPECIFIED
    Lot size
    15.82 lot acres
    Zone code
    AL20
    Property type
    Mobile home & RV parks
    APN
    330-031-74
    APU
    33003174

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 17, 2021 — Five G Properties LLC Charles E Garabedian Grant Deed —
    Jan 19, 2021 — Garabedian,eleanor Fam Trust Garabedian Family Trust Quit Claim Deed · related —
    Sep 11, 1987 — Garabedian,charles E & El Tr Owner Name Unavailable Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.742
    Latitude
    36.6769
    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
    $8,681
    $195,689
    $399,206
    $594,895
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      672 SF

      2575 Willow Ave Spc, Unit 233

      MOBILE HOME PARK, TRAILER PARK
      2575 Willow Ave Spc, Fresno, CA 93725-1852
      View Details
    • Value Estimation
      $7,625,000
      5,182 SF

      5665 Chestnut Ave

      MOBILE HOME PARK, TRAILER PARK
      5665 Chestnut Ave, Fresno, CA 93725-9721
      View Details
    • Value Estimation
      $1,630,000
      9,378 SF

      2575 Willow Ave

      MOBILE HOME PARK, TRAILER PARK
      2575 Willow Ave, Fresno, CA 93725-1854
      View Details
    • Value Estimation by Request

      2575 Willow Ave Spc, Unit 151

      MOBILE HOME PARK, TRAILER PARK
      2575 Willow Ave Spc, Fresno, CA 93725-1846
      View Details
    • Value Estimation by Request
      1,560 SF

      2575 Willow Ave Spc, Unit 171

      MOBILE HOME PARK, TRAILER PARK
      2575 Willow Ave Spc, Fresno, CA 93725-1848
      View Details
    • Value Estimation
      $525,000
      2,784 SF

      2317 Chestnut Ave

      MOBILE HOME PARK, TRAILER PARK
      2317 Chestnut Ave, Fresno, CA 93725-1250
      View Details

    Similar Nearby for Sale

    • $339,900
      Pending

      Fresno Duplex Investment Opportunity

      Fully occupied duplex in Fresno with consistent rental income.
      4778 E Hoxie Ave, Fresno, CA 93725
      View Details
    • $825,000
      Pending

      Six-Unit Multifamily Investment Opportunity

      Turnkey six-unit property with upgrades and income potential.
      2452 S 9Th St, Fresno, CA 93725
      View Details
    • $1,175,000

      Eight-Unit Multifamily Investment Opportunity

      Stabilized income property with modern upgrades and strong rental demand.
      3940 E Burns Ave, Fresno, CA 93725
      View Details
    • Contact for pricing
      81,400 SF

      Versatile Industrial Complex in Fresno

      Multiple buildings with office, warehouse, and industrial spaces for lease.
      2660 S Dearing Ave, Fresno, CA 93725
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,700 SF

      Jensen Landing Retail Spaces

      Fresno, CA Retail Opportunity
      0 Fresno Ca, Fresno, CA 93725
      View Details
    • Contact for pricing
      29,000 SF

      Industrial Warehouse with Cranes

      29,000 SF warehouse featuring two cranes and office space.
      2777 E Malaga Ave, Fresno, CA 93725
      View Details
    • Contact for pricing
      35,719 SF

      Paved Yard with Freeway Frontage

      Paved yard available for rent with freeway frontage.
      3667 S Bagley Ave, Fresno, CA 93725
      View Details
    • Contact for pricing
      50,000 SF

      Industrial Warehouse with Freeway Access

      50000 SF warehouse with excellent freeway access.
      2907 S Maple Ave, Fresno, CA 93725
      View Details
    • Contact for pricing
      21,600 SF

      Warehouse Space For Lease

      Class A warehouse space available for lease.
      3688 E Central Ave, Fresno, CA 93725
      View Details
    • Contact for pricing
      12,000 SF

      Industrial Warehouse with Highway Frontage

      Industrial warehouse featuring highway frontage, office space, and fenced yard.
      4099 E Jefferson Ave, Fresno, CA 93725
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2581 Central Ave
    Fresno, CA 93725-2483
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2581 Central Ave, Fresno, CA, 93725
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!