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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Specialty properties
2983 Tulare St Fresno, CA 93721-1414
Individually Owned
4-yr Hold
Free & Clear
Property ID
US09-2378399
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1933
Construction
TILT-UP CONCRETE
Total area
10,940 SF
Lot
0.52 ac (22,500 SF)
Zoning code
DTN
APN
466-042-06
UPID
US09-2378399
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
-
Funeraria La Paz Social Service Agency
-
Evergreen Cremation Services Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$820k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$481k
Blend (final)
Blend
$760k
Owner & transaction history
Dean Murphy · 4 yrs held
Dean Murphy
since 2022
Last sale
$750,000
4 recorded transactions
Zoning & alternative use
DTN · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+41.1%
Auto repair, garage
$970,000
+29.7%
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
$785,000
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL)
$750,000
Current use
RESTAURANT
$1,055,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$970,000
Change: +30% · Conversion: Difficult
MEDICAL BUILDING
$625,000
Change: -16% · Conversion: Difficult
OFFICE BUILDING
$610,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $750k (Apr 1 2022)
Last sale anchor
$750k
Apr 1 2022
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
$69 / 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
$8,163
Tax year 2023
Assessed value
$632,400
Assessed 2023
Previous assessed
$632,400
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$137,700
Assessed improvement
$494,700
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1933
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
10,940 SF
Lot
0.52 ac (22,500 SF)
Zoning code
DTN
APN
466-042-06
UPID
US09-2378399
Jurisdiction
FRESNO
Zoning & alternative use
DTN · Fresno, CA
Zoning DTN · permitted uses
DTN · 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
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
Est. value
$750,000
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$970,000
MEDICAL BUILDING
Est. value
$625,000
OFFICE BUILDING
Est. value
$610,000
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
1933
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
0.52 ac
Current owner
From public records · entity-resolved
Dean Murphy
Individual
Free & Clear · 4 yrs held
Mailing address
555 N VAN NESS AVE, FRESNO, CA 93728-3419
Ownership since
2022
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
Apr 1, 2022
$750,000
Dean Murphy
S E Funeral Homes Of California INC
Grant Deed
—
Jul 21, 1994
—
Buchheim Family INC
Sonksen Wallin I
Grant Deed
related
—
Jul 1, 1977
$295,500
Buchheim Family INC
Sonksen Wallin INC
Grant Deed
—
—
—
Buchheim Family INC
—
Deed Of Trust
related
$200,000 · United Security Bank
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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