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Property profile & analytics
OFF-MARKET
Estimated value
$22,840,000
Apartment buildings
365 Barstow Ave Fresno, CA 93710
Entity Owned
10-yr Hold
Property ID
US09-2749824
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2006
Construction
WOOD
Total area
140,552 SF
Lot
5.45 ac (237,402 SF)
Zoning code
RM3
APN
418-060-53
UPID
US09-2749824
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.81M
Comparable Approach
Comparable
$28.89M
Blend (final)
Blend
$22.84M
Owner & transaction history
Breckenridge Group Fresno Cali · 10 yrs held
Breckenridge Group Fresno Cali
since 2016
7 recorded transactions
Zoning & alternative use
RM3 · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$33.0M
+45.8%
Medical building
$32.8M
+44.5%
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%
$26,880,000
6.5%
$24,810,000
7%
$23,040,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$22,675,000
Current use
RESTAURANT
$33,045,000
Change: +46% · Conversion: Difficult
MEDICAL BUILDING
$32,770,000
Change: +45% · Conversion: Moderate
AUTO REPAIR, GARAGE
$21,670,000
Change: -4% · Conversion: Difficult
OFFICE BUILDING
$20,860,000
Change: -8% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$19,765,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$22.84M
Range $20.56M – $25.12M · ±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
$163 / 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
$267,336
Tax year 2023
Assessed value
$20,929,300
Assessed 2023
Previous assessed
$20,929,300
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,175,000
Assessed improvement
$19,754,300
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
2
Units
152
Bathrooms
4
Total area
140,552 SF
Lot
5.45 ac (237,402 SF)
Zoning code
RM3
APN
418-060-53
UPID
US09-2749824
Jurisdiction
FRESNO
Zoning & alternative use
RM3 · Fresno, CA
Zoning RM3 · permitted uses
RM3 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$22.7M
RESTAURANT
Est. value
$33.0M
MEDICAL BUILDING
Est. value
$32.8M
AUTO REPAIR, GARAGE
Est. value
$21.7M
OFFICE BUILDING
Est. value
$20.9M
INDUSTRIAL (GENERAL)
Est. value
$19.8M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (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
2006
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
152
Bathrooms
4
Lot
5.45 ac
Current owner
From public records · entity-resolved
Breckenridge Group Fresno Cali
Entity
Mailing address
B-201, AUSTIN, TX 78746
Ownership since
2016
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
Jun 6, 2025
—
Breckenridge Group Fresno Californi
—
Deed
related
$14,300,000 · Wintrust Bank NA
Jun 15, 2016
$8,525,000
Breckenridge Group Fresno Cali
335 E Barstow Associates LP
Grant Deed
$3,000,000 · Northmarq Cap Fin
May 23, 2014
$14,994,000
335 E Barstow Associates LP
M&a Cp Fresno LLC
Grant Deed
$10,042,000 · Berkeley Point Capital LLC
May 23, 2014
—
M & A Cp Fresno Gp LLC
M & A Cp Fresno LLC
Quit Claim Deed
—
Sep 4, 2012
$10,500,000
M&a Cp Fresno LLC
Jefferson Commons Fresno L P
Grant Deed
$8,111,000 · Northmarq Capital LLC
May 22, 2008
—
Jefferson Commons-fresno
—
Trustees Deed
related
$1,840,000 · Comerica Bank
May 1, 2005
$1,200,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
335 E Barstow Associates LP
—
Deed Of Trust
related
$12,975,000 · Northmarq Cap
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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