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Property profile & analytics
OFF-MARKET
Estimated value
$10,120,000
Auto shops
4385 Shaw Ave, Fresno, CA 93722-6282
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-2793460
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1969
Construction
TYPE NOT SPECIFIED
Total area
72,277 SF
Lot
5.5 ac (239,580 SF)
Zoning code
IL
APN
510-070-30
UPID
US09-2793460
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
$9.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.17M
Blend (final)
Blend
$10.12M
Owner & transaction history
Fresno M Re LLC · 3 yrs held
Fresno M Re LLC
since 2022
Last sale
$10.1M
7 recorded transactions
Zoning & alternative use
IL · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$14.5M
+30.4%
Office building
$11.5M
+3.1%
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
$10,520,000
ML approach
$9,815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$11,145,000
Current use
MEDICAL BUILDING
$14,530,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$11,490,000
Change: +3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$10,165,000
Change: -9% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$9,260,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$10.12M
Range $9.11M – $11.13M · ±10% · vs last sale $10.05M (Nov 23 2022)
Last sale anchor
$10.05M
Nov 23 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
$140 / 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
$121,998
Tax year 2023
Assessed value
$9,550,000
Assessed 2023
Previous assessed
$9,550,000
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,400,000
Assessed improvement
$7,150,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1969
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
72,277 SF
Lot
5.5 ac (239,580 SF)
Zoning code
IL
APN
510-070-30
UPID
US09-2793460
Jurisdiction
FRESNO
Zoning & alternative use
IL · Fresno, CA
Zoning IL · permitted uses
IL · 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
AUTO REPAIR, GARAGE Current
Est. value
$11.1M
MEDICAL BUILDING
Est. value
$14.5M
OFFICE BUILDING
Est. value
$11.5M
INDUSTRIAL (GENERAL)
Est. value
$10.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.3M
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
OFFICE BUILDING
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
1969
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
5.5 ac
Current owner
From public records · entity-resolved
Fresno M Re LLC
Entity
Mailing address
7055 N PALM AVE #2000, FRESNO, CA 93650-1088
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2022
$10,050,000
Fresno M Re LLC
Mbcvre 1 LLC
Grant Deed
$100,000 · Mercedes Benz Financial Services Us
Feb 23, 2021
$8,500,000
Mbcvre 1 LLC
The Wareeth Group LLC
Grant Deed
$8,000,000 · Mercedes Benz Financial Services USA LLC
Jan 7, 2020
—
Wareeth Group LLC
Ibrahim A Alwareeth
Correction Deed
related
$1,500,000 · Fresno First Bank
Aug 31, 2017
—
Wareeth Group LLC
Alwareeth,ibrahim
Quit Claim Deed
—
Nov 21, 2012
—
Merzon B Thomas Trust
Merzon,b Thomas
Quit Claim Deed
related
—
Nov 21, 2012
$1,000,000
Ibrahim A Alwareeth
Merzon B Thomas Trust
Grant Deed
$700,000 · Nattalia K Merzoyan
Sep 24, 2012
—
Andrew J Merzon
Pumpkin Trust
Quit Claim Deed
related
—
Apr 13, 2012
—
Andrew J Merzon
Merzon,james B & Dawn M
Quit Claim Deed
related
—
Mar 2, 2011
—
B Thomas Merzon
Merzon,b Thomas
Quit Claim Deed
related
—
Mar 4, 2004
—
Merzon,tr
Merzon,james B & Dawn M
Quit Claim Deed
related
—
Jan 2, 2001
—
James B Merzon
Merzon Trust
Quit Claim Deed
related
—
Aug 21, 2000
—
Merzon Trust
Merzon,b T
Quit Claim Deed
related
—
Jul 31, 1995
—
Merzon Trust
Merzon,bert A & Pauline
Quit Claim Deed
related
—
May 5, 1981
—
Andrew James|merzon B Thoma Merzon
—
Grant Deed
related
—
Jan 13, 1981
—
—
—
Grant Deed
related
—
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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