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Property profile & analytics
OFF-MARKET
Estimated value
$4,055,000
Assisted living facilities
2939 Peach Ave Fresno, CA 93725-9302
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-3035503
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1966
Construction
WOOD
Total area
34,787 SF
Lot
5.7 ac (248,292 SF)
Zoning code
AE20
APN
316-180-01
UPID
US09-3035503
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
Current use
Occupant on record · Public records
-
Sunnyside Convalescent Hospital Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.06M
Owner & transaction history
2939 S Peach Ave LLC · 4 yrs held
2939 S Peach Ave LLC
since 2021
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
AE20 · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.3M
+471.5%
Restaurant
$4.2M
+353.4%
Office building
$3.7M
+299.4%
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
$4,000,000
ML approach
$3,935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,285,000
Change: +471% · Conversion: Difficult
RESTAURANT
$4,195,000
Change: +353% · Conversion: Difficult
OFFICE BUILDING
$3,695,000
Change: +299% · Conversion: Difficult
MEDICAL BUILDING
$3,270,000
Change: +253% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,235,000
Change: +250% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,665,000
Change: +188% · Conversion: Difficult
RETAIL STORES
$2,480,000
Change: +168% · Conversion: Difficult
Blend value · Realmo final
$4.06M
Range $3.65M – $4.46M · ±10% · vs last sale $4.14M (Nov 2 2021)
Last sale anchor
$4.14M
Nov 2 2021
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
$117 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$43,701
Tax year 2023
Assessed value
$3,457,800
Assessed 2023
Previous assessed
$3,457,800
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$759,900
Assessed improvement
$2,697,900
Applied tax rate
71.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1966
Construction
WOOD
Heating
NONE
Stories
1
Total area
34,787 SF
Lot
5.7 ac (248,292 SF)
Zoning code
AE20
APN
316-180-01
UPID
US09-3035503
Jurisdiction
FRESNO
Zoning & alternative use
AE20 · Fresno, CA
Zoning AE20 · permitted uses
AE20 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$5.3M
RESTAURANT
Est. value
$4.2M
OFFICE BUILDING
Est. value
$3.7M
MEDICAL BUILDING
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$2.7M
RETAIL STORES
Est. value
$2.5M
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Construction
WOOD
Heating
NONE
Stories
1
Lot
5.7 ac
Current owner
From public records · entity-resolved
2939 S Peach Ave LLC
Entity
Mailing address
4115 E BROADWAY, LONG BEACH, CA 90803-1532
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2021
$4,140,000
2939 S Peach Ave LLC
R Fellen INC
Grant Deed
—
Aug 17, 2021
—
R Fellen INC
—
Deed
related
$500,000 · 2939 S Peach Ave LLC
Feb 22, 2018
—
R Fellen INC
—
Deed
related
$1,270,000 · Mid Vly Svcs
Nov 14, 2008
—
R Fellen INC
Fellen,michael
Quit Claim Deed
—
Sep 4, 2008
—
Michael Fellen
R Fellen INC
Quit Claim Deed
related
$250,000 · Mid Valley Services INC
Mar 29, 1995
—
R Fellen INC
Smith Trust
Grant Deed
$270,000 · Bank Of America Community Dev
—
—
R Fellen INC
—
Deed Of Trust
related
$650,000 · Mid Valley Services INC
—
—
R Fellen INC
—
Deed Of Trust
related
$200,000 · Mid Valley Services INC
—
—
Sunnyside Convalescent Hospita
—
Deed Of Trust
related
$120,000 · Steven E Fellen
—
—
R Fellen INC
—
Deed Of Trust
related
$400,000 · Mid Vly Svcs
—
—
R Fellen INC
—
Deed Of Trust
related
$1,270,000 · Mid Vly Svcs
—
—
R Fellen INC
—
Deed Of Trust
related
$650,000 · Mid Valley Services INC
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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