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Property profile & analytics
OFF-MARKET
Estimated value
$4,610,000
Flex space
2717 Cherry Ave 101 Fresno, CA 93706-5423
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US10-3269569
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1990
Construction
TYPE NOT SPECIFIED
Total area
39,020 SF
Lot
4.91 ac (213,879 SF)
Zoning code
IH
APN
328-300-01
UPID
US10-3269569
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
$4.41M
Comparable Approach
Comparable
$5.11M
Blend (final)
Blend
$4.61M
Owner & transaction history
New England Sheet Metal & Mech · 5 yrs held
New England Sheet Metal & Mech
since 2020
7 recorded transactions
Zoning & alternative use
IH · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,780,000
6.5%
$4,410,000
7%
$4,095,000
Blend value · Realmo final
$4.61M
Range $4.15M – $5.07M · ±10%
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
$118 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$21,260
Tax year 2024
Assessed value
$1,820,523
Assessed 2024
Previous assessed
$1,820,523
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$682,695
Assessed improvement
$1,137,828
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1990
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
39,020 SF
Lot
4.91 ac (213,879 SF)
Zoning code
IH
APN
328-300-01
UPID
US10-3269569
Jurisdiction
FRESNO
Zoning & alternative use
IH · Fresno, CA
Zoning IH · permitted uses
IH · 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
1990
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
4.91 ac
Current owner
From public records · entity-resolved
New England Sheet Metal & Mech
Individual
Mailing address
PO BOX 27409, FRESNO, CA 93729-7409
Ownership since
2020
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 15, 2020
—
New England Sheet Metal & Mech
—
Deed
related
$8,730,000 · Central Vly Cmnty Bk
Jul 31, 2020
—
New England Sheet Metal & Mech
Lyles Services Co
Grant Deed
—
May 31, 2017
$2,850,000
Lsc Real Estate Holdings LLC
Yazijian,eleanor
Grant Deed
—
Jul 14, 2009
—
Eleanor Yazijian
—
Deed Of Trust
related
$5,750,000 · Rabobank
Aug 26, 2005
—
Donice M Boylan
Boylan,ronald B
Affidavit Of Death
related
—
Aug 25, 2005
$1,400,000
Eleanor Yazijian
Briscoe Family Trust
Grant Deed
$1,087,500 · County Bank
Nov 20, 1998
—
Briscoe Trust
Briscoe,james A & Lee A
Quit Claim Deed
related
—
—
—
Eleanor Yazijian
—
Deed Of Trust
related
$3,127,500 · Rabobank
—
—
New England Sheet Metal & Mech
—
Deed Of Trust
related
$8,730,000 · Central Vly Cmnty Bk
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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