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Property profile & analytics
OFF-MARKET
Estimated value
$16,660,000
Flex space
2875 Ave Fresno, CA 93725-1908
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2513756
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1979
Construction
TILT-UP CONCRETE
Total area
197,060 SF
Lot
11.72 ac (510,523 SF)
Zoning code
IH
APN
487-031-43
UPID
US09-2513756
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
$22.28M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.66M
Owner & transaction history
Fresno Industrial Center LP · 13 yrs held
Fresno Industrial Center LP
since 2013
4 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%
$24,130,000
6.5%
$22,275,000
7%
$20,685,000
Blend value · Realmo final
$16.66M
Range $14.99M – $18.33M · ±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
$85 / 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
$76,072
Tax year 2024
Assessed value
$5,864,936
Assessed 2024
Previous assessed
$5,864,936
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$983,527
Assessed improvement
$4,881,409
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
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
197,060 SF
Lot
11.72 ac (510,523 SF)
Zoning code
IH
APN
487-031-43
UPID
US09-2513756
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
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
11.72 ac
Current owner
From public records · entity-resolved
Fresno Industrial Center LP
Entity
Free & Clear · 13 yrs held
Mailing address
7519 N INGRAM AVE STE #104, FRESNO, CA 93711-5883
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2018
—
Fresno Industrial Center LP
—
Loan Modification
related
$3,298,652 · Wells Fargo Bk
Jun 19, 2013
—
Fresno Industrial Center LP
Fresno Industrial Center
Quit Claim Deed
—
Jun 29, 1995
—
Redman Building Products INC
—
Deed Of Trust
related
$50,000,000 · Heller Financial Trustee
Mar 18, 1991
$310,000
John B Brelsford
One,eighty Accom
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.
Try Rey
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