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Property profile & analytics
OFF-MARKET
Estimated value
$2,120,000
Motels
5077 Cornelia Ave, Fresno, CA 93722-9765
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US10-1828435
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2009
Construction
WOOD
Total area
39,420 SF
Lot
1.39 ac (60,548 SF)
Zoning code
CG
APN
508-110-52S
UPID
US10-1828435
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
-
La Quinta Inn & Suites by Wyndham Fresno Northwest Hotel & Motel
-
CPR CORPORATION TRAINING Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$2.12M
Owner & transaction history
Parkwood Mart LLC · 8 yrs held
Parkwood Mart LLC
since 2017
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.12M
Range $1.91M – $2.33M · ±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
$54 / 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
$59,616
Tax year 2023
Assessed value
$4,685,177
Assessed 2023
Previous assessed
$4,685,177
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$557,759
Assessed improvement
$4,127,418
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2009
Construction
WOOD
Heating
NONE
Stories
3
Bathrooms
0
Total area
39,420 SF
Lot
1.39 ac (60,548 SF)
Zoning code
CG
APN
508-110-52S
UPID
US10-1828435
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.
Building & site characteristics
From public records
Year built
2009
Construction
WOOD
Heating
NONE
Stories
3
Bathrooms
0
Lot
1.39 ac
Current owner
From public records · entity-resolved
Parkwood Mart LLC
Entity
Mailing address
1409 PENNY WAY, MADERA, CA 93637-8637
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2024
—
Parkwood Mart LLC
—
Deed
related
$2,046,000 · Bay Area Employment Development Company
Jan 9, 2024
—
Parkwood Mart LLC
—
Deed
related
$2,500,000 · Tri Counties Bank
Jul 28, 2017
$6,800,000
Parkwood Mart LLC
Ahuja,sonny & Nagina
Grant Deed
$4,990,000 · Commercial Bk/ca
Dec 27, 2016
—
Sonny Ahuja
Dss LP
Quit Claim Deed
related
—
Mar 20, 2008
—
Virk,davinder
Singh R & Kamboj G K Trust
Grant Deed
related
—
Oct 30, 2007
—
Dss
Virk,davinder
Grant Deed
related
—
Feb 27, 2007
$410,000
Virk,davinder
Singh,raj
Grant Deed
—
Feb 27, 2007
—
Virk,davinder
Kaur,pritpal
Quit Claim Deed
related
—
Jun 15, 2006
—
Singh,raj Living Trust
Singh,raj
Quit Claim Deed
related
—
May 16, 2006
$240,000
Singh,raj
A-mark Investment LLC
Grant Deed
—
Aug 27, 2004
$190,000
A-mark Investments LLC
Zarkesh,amir M
Grant Deed
—
Dec 19, 1991
$150,000
Amir M Zarkesh
Fleming,albert R
Grant Deed
$20,000 · Seller
—
—
Albert R Fleming
—
Deed Of Trust
related
$100,000 · Regency Bank
—
—
Dss LP
—
Deed Of Trust
related
$728,000 · Bay Area Employment Dev
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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