Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Turn key restaurants
3404 Cedar Ave Fresno, CA 93726-6001
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-1540590
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1971
Construction
TILT-UP CONCRETE
Total area
3,120 SF
Lot
0.36 ac (15,625 SF)
Zoning code
CC
APN
438-030-08
UPID
US09-1540590
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
-
Personal Injury Lawyer Pros of Fresno Law Firm
-
Mariscos Las Islitas Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$423k
Blend (final)
Blend
$690k
Owner & transaction history
Henry Anthony Rocha · 2 yrs held
Henry Anthony Rocha
since 2024
Last sale
$690,000
7 recorded transactions
Zoning & alternative use
CC · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+47.7%
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
$690,000
ML approach
$690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$735,000
Current use
COMMERCIAL (GENERAL)
$1,085,000
Change: +48% · Conversion: Easy
MEDICAL BUILDING
$625,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $690k (May 3 2024)
Last sale anchor
$690k
May 3 2024
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
$221 / 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
$8,001
Tax year 2023
Assessed value
$620,334
Assessed 2023
Previous assessed
$620,334
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$217,114
Assessed improvement
$403,220
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1971
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,120 SF
Lot
0.36 ac (15,625 SF)
Zoning code
CC
APN
438-030-08
UPID
US09-1540590
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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$735,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$625,000
RESTAURANT Current
COMMERCIAL (GENERAL)
MEDICAL 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
1971
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Henry Anthony Rocha
Individual
Mailing address
15821 LACEY BLVD, LEMOORE, CA 93245-9537
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
$690,000
Henry Anthony Rocha
Kearneys Rentals LLC
Grant Deed
—
Jun 30, 2010
$500,000
Kearneys Rentals LLC
Orlando,peter J
Grant Deed
$200,000 · Peter J Orlando
Jun 30, 2010
—
Peter J Orlando
Diciccos Italian Restaurant 1
Quit Claim Deed
related
—
Apr 28, 2010
—
Peter J Orlando
Orlando P J & M D Trust
Quit Claim Deed
related
—
Nov 29, 2007
—
Enrico Dicicco
—
Deed Of Trust
related
$1,761,700 · Wells Fargo Bank
Oct 3, 1997
—
Enrico M Dicicco
Dicicco,enrico M
Quit Claim Deed
related
$218,000 · Regency Bank
Aug 24, 1995
—
Enrico M Dicicco
Dicicco,pasquale R
Quit Claim Deed
related
—
Apr 17, 1992
—
Pasquale Dicicco
Dicicco,giuliano
Quit Claim Deed
related
$200,000 · Lloyd E Tull INC
Mar 22, 1989
—
Enrico M Dicicco
Dicicco,kelly J
Quit Claim Deed
related
$100,000 · Tull Lloyd E
Dec 31, 1986
$95,000
Enrico M Di Cicco
Dicicco,enrico M
Grant Deed
—
—
—
Enrico M Dicicco
—
Deed Of Trust
related
$1,100,000 · Great Valley Funding
—
—
Enrico M Dicicco
—
Deed Of Trust
related
$234,479 · Craig A Saladino
—
—
Enrico M Dicicco
—
Deed Of Trust
related
$300,000 · Orlando P J & M D Family Trust
—
—
Enrico Dicicco
—
Deed Of Trust
related
$697,500 · Regency Bank
—
—
Enrico M Dicicco
—
Deed Of Trust
related
$697,500 · Regency 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.
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 3404 Cedar 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
