Technical
Financial
Distress signals
Property profile

2615 Elm Ave Fresno, CA 93706

OFF-MARKET
Grocery and convenience stores
Property ID
US09-2296834
4,642 SF 1.18 ac lot Built 2004
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2004
Construction WOOD
Total area 4,642 SF
Lot 1.18 ac (51,400 SF)
Zoning code CH
APN 328-191-70
UPID US09-2296834

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station
  • Restaurant
  • Grocery & Convenience Store
  • Atm
  • Grocery & Convenience Store

Location

2615 Elm Ave Fresno, CA 93706-5434
Fresno metro Census 1100 FRESNO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$965k
Comparable Approach Comparable
$828k
Blend (final) Blend
$1.06M

Owner & transaction history

since 2020
6 recorded transactions
2020
Price N/A
2018
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CH · Fresno, CA
Zoning description

l Multi-Family, High Desnity NMX - Neighborhood Mixed Use CMX - Corridor/Center Mixed Use RMX - Regional Mixed Use CMS - Commercial Main Street CC - Commercial Community CR - Commercial Regional CG - Commercial General C…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $795,000 +620.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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