Property profile

3033 Olive Ave Fresno, CA 93701

OFF-MARKET
Retail space
Property ID
US09-0254734
15,640 SF 1.32 ac lot Built 1951
Entity Owned 5-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Construction TILT-UP CONCRETE
Total area 15,640 SF
Lot 1.32 ac (57,499 SF)
Zoning code CG
APN 451-324-12
UPID US09-0254734

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
  • Church
  • Grocery & Convenience Store Food Market

Location

3033 Olive Ave Fresno, CA 93701-1303
Fresno metro Census 2400 FRESNO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.29M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.48M
Blend (final) Blend
$1.24M

Owner & transaction history

since 2021
Last sale
$1.4M
4 recorded transactions
2021
Price N/A
2021
$1.4M
2005
$1.0M
2005
$1.0M

Zoning & alternative use

CG · Fresno, CA
Zoning description

orhood RM-3 - Residential 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 C…

General category COMMERCIAL
Top alternative use upside
Industrial (general) $2.2M +108.0%
Apartment house (5+ units) $2.0M +87.5%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3033 Olive Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message