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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    502 8th St Fowler, CA 93625-2529

    • Warehouses
    • 1,946 SF
    • 1.68 lot acres
    OFF-MARKET
    Value Estimations
    $280,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-5515094
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Red's 99 Tank Wash / Car Wash

    Property Details for 502 8th St

    Year built
    1958
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.68 lot acres
    Property size
    1,946 SF
    Zone code
    C3
    Property type
    Warehouses
    APN
    343-400-08
    APU
    34340008

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $265,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $293,000
      Market price range: $93.2k - $294k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $180,000
      Current use
      MEDICAL BUILDING
      $380,000
      Change: +111% Conversion: Difficult
      OFFICE BUILDING
      $330,000
      Change: +83% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $285,000
      Change: +59% Conversion: Easy
      RETAIL STORES
      $210,000
      Change: +17% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fowler
    County
    Fresno
    State
    California
    Longitude
    -119.677
    Latitude
    36.6244
    CBSA code
    23420
    CBSA name
    FRESNO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,088
    $208,306
    $12,617
    $220,923
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $390,000
      14,400 SF

      3732 Golden State Blvd

      WAREHOUSE, STORAGE • 14,400 SF
      3732 Golden State Blvd, Fowler, CA 93625-9511
      View Details
    • Value Estimation
      $435,000
      10,780 SF

      3181 Manning Ave

      WAREHOUSE, STORAGE • 10,780 SF
      3181 Manning Ave, Fowler, CA 93625-9749
      View Details
    • Value Estimation
      $4,085,000
      127,130 SF

      3189 Manning Ave

      WAREHOUSE, STORAGE • 127,130 SF
      3189 Manning Ave, Fowler, CA 93625-9749
      View Details
    • Value Estimation
      $390,000
      7,316 SF

      6840 Parlier Ave

      WAREHOUSE, STORAGE • 7,316 SF
      6840 Parlier Ave, Fowler, CA 93625-9508
      View Details
    • Value Estimation
      $300,000
      4,900 SF

      2737 Temperance Ave

      WAREHOUSE, STORAGE • 4,900 SF
      2737 Temperance Ave, Fowler, CA 93625-9762
      View Details
    • Value Estimation
      $1,070,000
      40,691 SF

      2240 Vly Valley

      WAREHOUSE, STORAGE • 40,691 SF
      2240 Vly Valley, Fowler, CA 93625
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,150 SF

      Retail Parcel in Fowler, CA

      Retail parcel available in Fowler, California, near Highway 99.
      10Th St, Fowler, CA 93625
      View Details
    • $4,140,000
      17.82 Acres

      Fowler, CA Commercial Land - $4.14M

      Prime 17.82-acre commercial lot in Fowler, CA.
      304 8Th St, Fowler, CA 93625
      View Details
    • $1,359,680
      48.56 Acres

      Prime Fowler Farmland - 48 Acres

      Agricultural land, ideal for farming.
      7660 Highland Ave, Fowler, CA 93625
      View Details
    • Contact for pricing
      3,150 SF

      Fowler Retail Development Site

      Prime 9,397 SF lot, buildable 3,150 SF.
      0 10Th St, Fowler, CA 93625
      View Details
    • $8,010,684

      Fowler Industrial Land Parcel

      Industrial land parcel located in the City of Fowler.
      5469 E Clayton Ave, Fowler, CA 93625
      View Details
    • Contact for pricing
      3,116 SF

      Fowler Retail Pads: Hwy 99 & Manning

      Prime Fowler location, pads for sale/lease.
      0 Neq Hwy 99 & Manning Ave, Fowler, CA 93625
      View Details

    Similar Nearby for Lease

    • $1.25 SF/Yr
      7,380 SF

      Fowler Office Warehouse with Yard

      Office warehouse with yard, accessible to Highway 99.
      2714 Vineyard Pl, Fowler, CA 93625
      View Details
    • $0.78 SF/Yr
      5,000 SF

      Fowler Warehouse Space Available

      5,000 SF warehouse space for lease in Fowler, CA.
      2030 S Golden State Blvd, Fowler, CA 93625
      View Details
    • Contact for pricing
      3,150 SF

      Fowler Retail Pad - Highway 99

      Prime 3,150 SF Retail Pad, Fresno County
      0 10Th St, Fowler, CA 93625
      View Details
    • Contact for pricing
      55,113 SF

      Prime Fowler Retail Pads

      Highway 99 Retail Opportunity
      0 Neq Manning Ave And Hwy 99, Fowler, CA 93625
      View Details
    • Contact for pricing
      3,116 SF

      Former Restaurant with Drive-Thru

      3,116 SF former restaurant with drive-thru for lease.
      2833 E Manning Ave, Fowler, CA 93625
      View Details
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    502 8th St
    Fowler, CA 93625-2529
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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