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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Assisted living facilities
3510 Shields Ave Fresno, CA 93726-6909
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US09-2959474
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1964
Construction
WOOD
Total area
26,650 SF
Lot
1.94 ac (84,506 SF)
Zoning code
PI
APN
445-020-20
UPID
US09-2959474
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
-
Oakwood Gardens Care Center Nursing Home
-
Stephen Grossman Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$868k
Blend (final)
Blend
$835k
Owner & transaction history
3510 East Shields Road LLC · 13 yrs held
3510 East Shields Road LLC
since 2012
7 recorded transactions
Zoning & alternative use
PI · 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
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$710,000
Current use
Blend value · Realmo final
$835k
Range $752k – $919k · ±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
$31 / 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
$61,009
Tax year 2023
Assessed value
$4,792,236
Assessed 2023
Previous assessed
$4,792,236
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$355,079
Assessed improvement
$4,437,157
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1964
Construction
WOOD
Heating
NONE
Stories
1
Total area
26,650 SF
Lot
1.94 ac (84,506 SF)
Zoning code
PI
APN
445-020-20
UPID
US09-2959474
Jurisdiction
FRESNO
Zoning & alternative use
PI · Fresno, CA
Zoning PI · permitted uses
PI · 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
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$710,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
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
1964
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.94 ac
Current owner
From public records · entity-resolved
3510 East Shields Road LLC
Entity
Mailing address
100 E SAN MARCOS BLVD STE #200, SAN MARCOS, CA 92069-2987
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2019
—
3510 East Shields Road LLC
—
Deed
related
$8,600,000 · Orix R/e Cap
Jul 31, 2018
—
3510 East Shields Rd LLC
—
Deed
related
$400,000,000 · Column Financial INC
Aug 19, 2016
—
3510 East Shields Road LLC
—
Deed
related
—
Dec 12, 2012
—
3510 East Shields Road LLC
Crosswinds Trust
Grant Deed
$1,000,000,000 · General Elec Cap
Nov 30, 2010
—
Crosswinds Trust
Harmon,martin A
Grant Deed
related
$2,800,000 · Roseville Bank Of Commerce
—
—
3510 East Shields Road LLC
—
Loan Modification
related
—
—
—
3510 East Shields Road LLC
—
Deed Of Trust
related
$8,600,000 · Orix R/e Cap
—
—
3510 East Shields Road LLC
—
Loan Modification
related
—
—
—
Martin A Harmon
—
Deed Of Trust
related
$700,000 · Union 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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