Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,550,000
Turn key restaurants
4248 Ashlan Ave Fresno, CA 93722-6331
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-2078789
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1963
Construction
TILT-UP CONCRETE
Total area
8,359 SF
Lot
1.09 ac (47,480 SF)
Zoning code
CG
APN
510-100-48S
UPID
US10-2078789
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
-
Raising Cane's Chicken Fingers (Coming Soon) Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.64M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$937k
Blend (final)
Blend
$1.55M
Owner & transaction history
Koach Fresno I LLC · 3 yrs held
Koach Fresno I LLC
since 2022
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
CG · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,570,000
ML approach
$1,635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,965,000
Current use
MEDICAL BUILDING
$1,680,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.55M
Range $1.40M – $1.71M · ±10% · vs last sale $1.50M (Aug 5 2022)
Last sale anchor
$1.50M
Aug 5 2022
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
$185 / 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
$19,195
Tax year 2023
Assessed value
$1,500,000
Assessed 2023
Previous assessed
$1,500,000
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$640,000
Assessed improvement
$860,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
8,359 SF
Lot
1.09 ac (47,480 SF)
Zoning code
CG
APN
510-100-48S
UPID
US10-2078789
Jurisdiction
FRESNO
Zoning & alternative use
CG · Fresno, CA
Zoning CG · permitted uses
CG · 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
RESTAURANT Current
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.7M
RESTAURANT Current
MEDICAL BUILDING
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
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Koach Fresno I LLC
Entity
Mailing address
111 E MERRILL ST #3, BIRMINGHAM, MI 48009-6021
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2022
—
Koach Fresno I LLC
—
Deed
related
$25,000,000 · East West Bank
Aug 5, 2022
$1,500,000
Koach Fresno I LLC
Mmpf LLC
Grant Deed
—
Aug 31, 2016
—
Mmpf LLC
—
Deed
related
$565,000 · Santa Barbara Community Bank
Dec 11, 2008
$1,325,000
Mmpf LLC
Jk Ashlan Properties LLC
Grant Deed
$662,500 · Shinhan Bank
Apr 18, 2008
—
Seon Hee INC
Seon Hee INC
Quit Claim Deed
related
—
Apr 1, 2008
$1,400,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
Feb 14, 2001
—
Seon Hee INC
Suh,myung K & Seon H
Quit Claim Deed
related
—
Jul 12, 1989
$400,000
Myung K Suh
Boe,kenneth G
Grant Deed
related
$2,000,000
—
—
Seon Hee INC
—
Deed Of Trust
related
$150,000 · California Chohung Bank
—
—
Mmpf LLC
—
Deed Of Trust
related
$544,000 · Cen Cal Business Finance Group
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 4248 Ashlan 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.
