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Property profile & analytics
OFF-MARKET
Estimated value
$8,560,000
Commercial real estate
3173 Shields Ave Fresno, CA 93726-6902
Entity Owned
32-yr Hold
~
Est. High Equity
Property ID
US09-2401288
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Construction
TILT-UP CONCRETE
Total area
105,704 SF
Lot
10.1 ac (439,956 SF)
Zoning code
CC
APN
437-020-13
UPID
US09-2401288
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
-
Target Grocery Specialty Food Shop Supermarket
-
An Inner Voyage Association / Organization
-
CDReload Instant Bitcoin Crypto Atm
-
Target Mobile Mobile Phone Store Electronics & Wireless Store
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.68M
Blend (final)
Blend
$8.56M
Owner & transaction history
Fifth Street Funding INC · 32 yrs held
Fifth Street Funding INC
since 1993
7 recorded transactions
Zoning & alternative use
CC · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.56M
Range $7.70M – $9.42M · ±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
$81 / 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
$104,988
Tax year 2023
Assessed value
$8,174,025
Assessed 2023
Previous assessed
$8,174,025
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$3,302,846
Assessed improvement
$4,871,179
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
105,704 SF
Lot
10.1 ac (439,956 SF)
Zoning code
CC
APN
437-020-13
UPID
US09-2401288
Jurisdiction
FRESNO
Zoning & alternative use
CC · Fresno, CA
Zoning CC · permitted uses
CC · 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
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
10.1 ac
Current owner
From public records · entity-resolved
Fifth Street Funding INC
Entity
Mailing address
PO BOX 9456, MINNEAPOLIS, MN 55440-9456
Ownership since
1993
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 1994
—
Fifth Street Funding INC
—
Deed Of Trust
related
$12,000,000 · Delta Lloyd Bank
Dec 17, 1993
—
Fifth Street Funding INC
Mideb Nominees I
Grant Deed
related
—
Sep 19, 1986
$2,184,000
Equilon Enterprises LLC
Mideb Nominees INC
Grant Deed
—
—
—
Fifth Street Funding INC
—
Deed Of Trust
related
$11,000,000 · Jackson National Life Ins Co
—
—
Nominees P Mideb
—
Deed Of Trust
related
$15,000,000 · H Albert De Bary & Co
—
—
Fifth Street Funding INC
—
Deed Of Trust
related
$3,100,000 · Jackson National Life Ins Co
—
—
Fifth Street Funding INC
—
Deed Of Trust
related
$1,550,000 · Jackson National Life Ins Co
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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