Technical
Financial
Distress signals
Property profile

353 Nees Ave 101 Fresno, CA 93711

OFF-MARKET
Apartment buildings
Property ID
US09-2021350
120,341 SF 6.42 ac lot Built 1991
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (100+ UNITS)
Year built 1991
Construction WOOD
Total area 120,341 SF
Lot 6.42 ac (279,655 SF)
Zoning code RM1
APN 303-630-20
UPID US09-2021350

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Building Supply General Contractor
  • Building Supply General Contractor
  • Construction Company General Contractor

Location

353 Nees Ave, Unit 101 Fresno, CA 93711-6169
Fresno metro Census 4404 FRESNO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$11.51M

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

RM1 · Fresno, CA
Top alternative use upside
Auto repair, garage $18.6M +20.4%
Industrial (general) $16.9M +9.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 353 Nees Ave, Unit 101?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message