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Property profile & analytics
FOR SALE
Retail space
4021 E Ashlan Ave, Fresno, CA 93726
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3660952
For Sale
1 / 2
$2,140,993
4021 E Ashlan Ave, Fresno, CA 93726
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Construction
WOOD
Total area
12,096 SF
Lot
0.75 ac (32,670 SF)
Zoning code
CC
APN
428-300-29
UPID
US09-3660952
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
-
Amazon Locker - Chevre Courier Service Postal Service
-
Dollar Tree Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$847k
Blend (final)
Blend
$1.27M
Owner & transaction history
Vikram Vohra · 7 yrs held
Vikram Vohra
since 2019
7 recorded transactions
Zoning & alternative use
CC · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.9M
+51.0%
Auto repair, garage
$1.9M
+46.5%
Industrial (general)
$1.7M
+33.6%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,275,000
Current use
OFFICE BUILDING
$1,925,000
Change: +51% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,865,000
Change: +47% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,700,000
Change: +34% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,695,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$1.27M
Range $1.14M – $1.39M · ±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
$105 / 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
$23,714
Tax year 2023
Assessed value
$1,860,267
Assessed 2023
Previous assessed
$1,860,267
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$348,464
Assessed improvement
$1,511,803
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1998
Construction
WOOD
Heating
NONE
Stories
1
Total area
12,096 SF
Lot
0.75 ac (32,670 SF)
Zoning code
CC
APN
428-300-29
UPID
US09-3660952
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
RETAIL STORES Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1998
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Vikram Vohra
Individual
Mailing address
28976 PLZ DR, SANTA NELLA, CA 95322-9767
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Aug 1, 2023
—
Rsl LLC
—
Deed
related
$2,200,000 · Bank Of The Sierra
Apr 2, 2019
—
Vikram Vohra
Ruchi Vohra
Quit Claim Deed
related
$1,750,000 · Bank Of The Sierra
Feb 8, 2019
—
Rhino Ashlan Park LLC
Rhino Ashlan Park LLC
Quit Claim Deed
related
—
Nov 20, 2018
$14,350,000
Rhino Ashlan Park LLC
Ashlan Park Center LLC
Grant Deed
related
$8,900,000 · Revere Credit Opportunities Fu
Mar 4, 2013
—
Ashlan Park Center LLC
Arce Fresno LLC
Grant Deed
related
—
Feb 1, 2010
—
Arce Fresno LLC
—
Loan Modification, Consolidation And Extension
related
$13,500,000 · Cibc
Jul 1, 2006
$14,250,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
$13,500,000 · Cibc
Jul 8, 2005
$12,300,000
Ashlan Park LLC
Thomas Family Trust
Grant Deed
—
Jan 21, 2005
—
Goldenstate Towers LLC
—
Grant Deed
related
$293,825,000 · Global Signal Trust II Com'l
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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