Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Medical Office Space
3520 Shields Ave Fresno, CA 93726-6923
Entity Owned
~
Est. High Equity
Property ID
US09-2531369
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Construction
WOOD
Total area
2,891 SF
Lot
0.16 ac (6,969 SF)
Zoning code
PI
APN
445-330-01
UPID
US09-2531369
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
-
Valley Orthopedic Inc Orthotics & Prosthetics Service
-
Dr. Richard D. Jones, MD Pediatrician Medical Clinic
-
Quinn Jenniemarie Medical Clinic
-
Rachel Aebi Orthotics & Prosthetics Service
-
Jason Schott Orthotics & Prosthetics Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$930k
CAP Approach
CAP
$560k
Comparable Approach
Comparable
$679k
Blend (final)
Blend
$900k
Owner & transaction history
Fresno Investment Property LLC
Fresno Investment Property LLC
since 2025
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
PI · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+72.8%
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
$870,000
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
$605,000
6.5%
$560,000
7%
$520,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$580,000
Current use
COMMERCIAL (GENERAL)
$1,005,000
Change: +73% · Conversion: Easy
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Dec 22 2021)
Last sale anchor
$900k
Dec 22 2021
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
$311 / 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
$4,470
Tax year 2023
Assessed value
$341,700
Assessed 2023
Previous assessed
$341,700
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$57,120
Assessed improvement
$284,580
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,891 SF
Lot
0.16 ac (6,969 SF)
Zoning code
PI
APN
445-330-01
UPID
US09-2531369
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
MEDICAL BUILDING Current
Est. value
$580,000
COMMERCIAL (GENERAL)
Est. value
$1.0M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
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
1984
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Fresno Investment Property LLC
Entity
Mailing address
19 KENT CT, SAN JOSE, CA 95139-1227
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2025
$722,000
Fresno Investment Property LLC
Richard D & Maxine R Jones 2011 Tru
Grant Deed
—
Dec 22, 2021
$900,000
Latte Properties LLC
Property 91 LLC
Grant Deed
$430,000 · Us Bank NA
Aug 20, 2021
—
Property91 LLC
—
Deed
related
$315,500 · Premier Valley Bank
Feb 7, 2020
—
Jones,r D & M R 2011 Trust
Maxine R Jones
Deed
related
—
Oct 8, 2019
$240,000
Property91 LLC
Beall Family Trust
Grant Deed
$144,000 · Beall Family Trust (pt)
Sep 13, 2019
—
Richard D Jones
—
Deed
related
$375,000 · Wells Fargo Bank NA
Dec 3, 2003
—
Beall,tr
Beall,thomas E & Sandra J
Quit Claim Deed
related
—
Jul 31, 1986
—
Chad E Dobbs
—
Grant Deed
related
—
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 3520 Shields 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.
