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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Office buildings
325 1st St Fresno, CA 93702-1906
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US09-0166717
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1968
Construction
WOOD
Total area
2,928 SF
Lot
0.18 ac (7,840 SF)
Zoning code
RS5
APN
459-194-29
UPID
US09-0166717
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
-
LA MEJOR CLASE TRAFICO ESPAÑOL INTERNATIONAL SERVICE LEGAL OFFICE Training Center Vocational School
-
LA MEJOR CLASE EN ESPAÑOL CLASES DE TRÁFICO EN ESPANOL DMV TVS LICENSE 1801 High School
-
Esperanza Insurance Insurance Agency
-
International Services - Legal Office Law Firm
-
Revista La Especial Publishing House
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$590k
Comparable Approach
Comparable
$565k
Blend (final)
Blend
$555k
Owner & transaction history
Caero,jose L · 20 yrs held
Caero,jose L
since 2006
7 recorded transactions
Zoning & alternative use
RS5 · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$590,000
+26.5%
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%
$640,000
6.5%
$590,000
7%
$550,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$465,000
Current use
MEDICAL BUILDING
$590,000
Change: +26% · Conversion: Easy
AUTO REPAIR, GARAGE
$450,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$190 / 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
$3,608
Tax year 2023
Assessed value
$272,980
Assessed 2023
Previous assessed
$272,980
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$80,000
Assessed improvement
$192,980
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1968
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,928 SF
Lot
0.18 ac (7,840 SF)
Zoning code
RS5
APN
459-194-29
UPID
US09-0166717
Jurisdiction
FRESNO
Zoning & alternative use
RS5 · Fresno, CA
Zoning RS5 · permitted uses
RS5 · 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
OFFICE BUILDING Current
Est. value
$465,000
MEDICAL BUILDING
Est. value
$590,000
AUTO REPAIR, GARAGE
Est. value
$450,000
OFFICE BUILDING Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1968
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Caero,jose L
Individual
Mailing address
2002 S WOODROW AVE, FRESNO, CA 93702-4655
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2006
$330,000
Caero,jose L
Tov,pov M
Grant Deed
$214,200 · Velocity Com'l Cap
Feb 11, 2005
—
Pov M Tov
Tov,may C
Quit Claim Deed
related
—
Feb 11, 2005
$210,000
Pov M Tov
Hiebert,david M
Grant Deed
—
Apr 1, 2004
—
Dale R Brown
Chace,elaine T
Quit Claim Deed
related
—
Apr 1, 2004
$160,000
David M Hiebert
Davis,tr
Grant Deed
related
$150,000 · Gene L & Chiara Webster
Jun 27, 2003
—
Davis,tr
Davis,tr
Quit Claim Deed
related
—
Mar 31, 1982
$165,000
Davis Clifford H
—
Grant Deed
related
—
—
—
Jose Caero
—
Deed Of Trust
related
$214,200 · Velocity Commercial Capital
—
—
Jose Caero
—
Deed Of Trust
related
$237,374 · Velocity Commercial Capital
—
—
Jose L Caero
—
Deed Of Trust
related
$222,154 · Velocity Commercial Capital
—
—
Jose Caero
—
Loan Modification
related
$214,200 · National Ln Investors
—
—
Jose Caero
—
Loan Modification
related
$242,813 · National Ln Investors
—
—
Clifford H Davis
—
Deed Of Trust
related
$142,514 · Safeamerica FCU
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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