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Property profile & analytics
FOR SALE
Medical Office Space
422 E Shields Ave Fresno, CA 93704
Individually Owned
25-yr Hold
Free & Clear
Property ID
US09-3333458
For Sale
1 / 37
$475,000
422 E Shields Ave, Fresno, CA 93704
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1960
Construction
WOOD
Total area
2,383 SF
Lot
0.27 ac (11,550 SF)
Zoning code
O
APN
443-061-35
UPID
US09-3333458
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
-
Fresno Central Seventh-day Adventist Community Center Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Central California Conference · 25 yrs held
Central California Conference
since 2001
4 recorded transactions
Zoning & alternative use
O · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
O: Provides sites for administrative, financial, business, professional, medical, & public offices BP / RBP: Provides campus-type office professional environments & technology development IL: Provides areas for a diverse range of light industrial uses (research, development, fabrication, etc.) IH: Broadest range of industrial uses that are essential to the d…
Zone name
Office
General category
COMMERCIAL
Zone area
1,374.39 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$167
Tax year 2023
Assessed value
$135,001
Assessed 2023
Previous assessed
$135,001
+0.0% YoY
Effective rate
0.12%
On assessed value
Assessed land
$69,508
Assessed improvement
$65,493
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
For Sale
Year built
1960
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,383 SF
Lot
0.27 ac (11,550 SF)
Zoning code
O
APN
443-061-35
UPID
US09-3333458
Jurisdiction
FRESNO
Zoning & alternative use
O · Fresno, CAZoning O · permitted uses
O · Fresno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
O: Provides sites for administrative, financial, business, professional, medical, & public offices BP / RBP: Provides campus-type office professional environments & technology development IL: Provides areas for a diverse range of light industrial uses (research, development, fabrication, etc.) IH: Broadest range of industrial uses that are essential to the development of a balanced economic base O These images have been provided as examples of comparable product in Fresno, California IH IL BP / RBP * See Development Code for specific limitations
Zone name
Office
General category
COMMERCIAL
Zone area
1,374.39 ac
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Central California Conference
Individual
Free & Clear · 25 yrs held
Mailing address
2820 WILLOW AVE, CLOVIS, CA 93612-4646
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2001
—
Central California Conference
Fresno Central Seventh Day Adv
Quit Claim Deed
related
—
Nov 8, 2000
—
Fresno Central 7th Day Adventi
Warner Trust
Grant Deed
related
—
Jul 1, 1996
—
Warner Trust
Warner,eugene V & Darlene
Quit Claim Deed
related
—
—
—
Eugene V Warner
—
Deed Of Trust
related
$1,261,266 · Guarantee Savings
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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