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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Banks
5126 Palm Ave Fresno, CA 93704-2203
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-3621701
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2011
Construction
WOOD
Total area
4,327 SF
Lot
0.43 ac (18,720 SF)
Zoning code
CR
APN
417-220-25
UPID
US09-3621701
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
-
Banc of California Bank Loan Service
-
Carl's Jr. Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$409k
Blend (final)
Blend
$505k
Owner & transaction history
Rpi Fic Garden LP · 11 yrs held
Rpi Fic Garden LP
since 2015
3 recorded transactions
Zoning & alternative use
CR · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$660,000
+108.4%
Commercial (general)
$660,000
+108.0%
Auto repair, garage
$485,000
+53.5%
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
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$315,000
Current use
MEDICAL BUILDING
$660,000
Change: +108% · Conversion: Difficult
COMMERCIAL (GENERAL)
$660,000
Change: +108% · Conversion: Difficult
AUTO REPAIR, GARAGE
$485,000
Change: +53% · Conversion: Difficult
OFFICE BUILDING
$445,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$350,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$117 / 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
$32,324
Tax year 2023
Assessed value
$2,537,785
Assessed 2023
Previous assessed
$2,537,785
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$864,520
Assessed improvement
$1,673,265
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2011
Construction
WOOD
Heating
NONE
Stories
1
Total area
4,327 SF
Lot
0.43 ac (18,720 SF)
Zoning code
CR
APN
417-220-25
UPID
US09-3621701
Jurisdiction
FRESNO
Zoning & alternative use
CR · Fresno, CA
Zoning CR · permitted uses
CR · 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
FINANCIAL BUILDING Current
Est. value
$315,000
MEDICAL BUILDING
Est. value
$660,000
COMMERCIAL (GENERAL)
Est. value
$660,000
AUTO REPAIR, GARAGE
Est. value
$485,000
OFFICE BUILDING
Est. value
$445,000
RETAIL STORES
Est. value
$350,000
FINANCIAL BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
2011
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Rpi Fic Garden LP
Entity
Mailing address
PO BOX 101042, CHICAGO, IL 60610-8900
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2015
—
Rpi Fic Garden LP
Donahue Scrriber Realty Group LP
Grant Deed
$74,200,000 · Goldman Sachs Mortgage Company
Dec 23, 2010
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
—
—
Donahue Schriber Realty Group
—
Deed Of Trust
related
$711,500,000 · Bank Of America
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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