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Property profile & analytics
OFF-MARKET
Estimated value
$2,340,000
Retail space
4942 Ashlan Ave Fresno, CA 93726-4721
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-3278116
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2001
Construction
WOOD
Total area
26,454 SF
Lot
1.63 ac (71,002 SF)
Zoning code
CC
APN
493-180-05
UPID
US09-3278116
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
-
Extreme laser tag Arcade & Gaming Center Family Recreation Center
-
Bitcoin ATM Fresno - Coinhub Atm Currency Exchange Service
-
FadeMasters Barber Shop
-
JR's smoke shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$2.34M
Owner & transaction history
Ke De 22118 LLC · 1 yrs held
Ke De 22118 LLC
since 2025
7 recorded transactions
Zoning & alternative use
CC · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.7M
+33.6%
Apartment house (5+ units)
$3.7M
+33.0%
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
$2,785,000
Current use
INDUSTRIAL (GENERAL)
$3,720,000
Change: +34% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,705,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$2.34M
Range $2.11M – $2.57M · ±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
$88 / 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
$38,298
Tax year 2023
Assessed value
$3,000,000
Assessed 2023
Previous assessed
$3,000,000
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$600,000
Assessed improvement
$2,400,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
NONE
Stories
1
Total area
26,454 SF
Lot
1.63 ac (71,002 SF)
Zoning code
CC
APN
493-180-05
UPID
US09-3278116
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
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.7M
RETAIL STORES Current
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
2001
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.63 ac
Current owner
From public records · entity-resolved
Ke De 22118 LLC
Entity
Mailing address
1680 W ALLUVIAL AVE, FRESNO, CA 93711-0507
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2025
—
Ke De 22118 LLC
Platinum Capital Properties LLC
Deed
—
Apr 4, 2022
—
Platinum Capital Properties LLC
Platinum Capital Properties LLC
Intrafamily Transfer
related
$3,000,000 · Premier America Cu
Oct 11, 2017
—
Seon H Suh
Suh,myung K
Quit Claim Deed
related
$2,450,000 · Open Bk
Oct 5, 2012
—
Platinum Capital Props LLC
Seon Hee INC
Quit Claim Deed
related
—
Jan 5, 2007
—
Ki B Park
Park,jay H
Quit Claim Deed
related
—
Jun 7, 2005
$5,100,000
Seon Hee INC
Little Clovis LLC
Grant Deed
$3,315,000 · Woori America Bank
Jun 7, 2005
—
Ki B Park
Park,jay H
Quit Claim Deed
related
—
Jun 1, 2005
$5,100,000
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
$3,315,000 · Woori America Bank
Nov 7, 2002
$1,050,000
Little Clovis LLC
Nantucket Properties INC
Grant Deed
—
—
—
Seon Hee INC
—
Deed Of Trust
related
$3,233,473 · Woori America Bank
—
—
Little Clovis LLC
—
Deed Of Trust
related
$580,000 · Farmers & Merchants Bk Lng Bch
—
—
Little Clovis LLC
—
Deed Of Trust
related
$650,000 · Farmers & Merchants Bk Lng Bch
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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