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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Strip malls
5175 Belmont Ave Fresno, CA 93727-2451
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-1104089
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1976
Construction
TILT-UP CONCRETE
Total area
30,800 SF
Lot
3.26 ac (142,005 SF)
Zoning code
CC
APN
456-260-01
UPID
US09-1104089
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
-
Watermill Express Big Box & Wholesale Store
-
Grocery Outlet SE Fresno Grocery & Convenience Store Food Market
-
Jimmy Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$742k
Blend (final)
Blend
$805k
Owner & transaction history
Sukhwant Singh · 6 yrs held
Sukhwant Singh
since 2019
7 recorded transactions
Zoning & alternative use
CC · 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
$870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$735,000
Current use
Blend value · Realmo final
$805k
Range $725k – $886k · ±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
$26 / 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
$47,821
Tax year 2023
Assessed value
$3,731,683
Assessed 2023
Previous assessed
$3,731,683
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,313,973
Assessed improvement
$2,417,710
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
30,800 SF
Lot
3.26 ac (142,005 SF)
Zoning code
CC
APN
456-260-01
UPID
US09-1104089
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$735,000
NEIGHBORHOOD: SHOPPING CENTER Current
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
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
3.26 ac
Current owner
From public records · entity-resolved
Sukhwant Singh
Individual
Mailing address
6475 N PALM AVE STE #101, FRESNO, CA 93704-1083
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2019
$3,725,000
Sukhwant Singh
Mahmood Modizadeh
Grant Deed
—
Sep 3, 2019
—
Sukhwant Singh
Amandeep Kaur Chahal
Intrafamily Transfer
related
$2,494,000 · Fresno First Bank
Sep 30, 2013
$739,600
Namaki Living Trust
Pepe Sandra T
Grant Deed
$1,350,000 · Umpqua Bank
Apr 12, 2013
—
Pepe Sandra T Tr
Tosh,donald W & Lavonne A
Affidavit Of Death
related
—
May 23, 2007
—
Ldt Trust
Ldt Trust
Quit Claim Deed
related
—
Nov 8, 2006
—
Lavonne Tosh
Tosh,donald W
Affidavit Of Death
related
—
Mar 28, 2006
—
Cingular Wireless
Namaki Living Trust
Grant Deed
related
—
Aug 9, 2002
—
Namaki,tr
Modirazadeh,mahwood & Nakissa
Quit Claim Deed
related
—
Jul 10, 2002
—
California State
Van Ness Investment Co
Quit Claim Deed
related
—
Aug 31, 2001
—
California State
Launderland
Quit Claim Deed
related
—
Mar 21, 2000
$820,000
Ldt Trust
Xt & S Enterprises
Grant Deed
$230,000 · Individual
Feb 27, 1997
—
X-t & S Enterprises
Whitman,george
Quit Claim Deed
related
—
Feb 18, 1997
—
George Whitman
Howie INC
Quit Claim Deed
related
—
Dec 5, 1995
$485,266
Standard Insurance Co
Gottlieb,milton & Pat
Trustees Deed
—
Mar 21, 1989
$190,500
Wanland,donald M
Wbb Aab INC
Trustees Deed
related
—
Mar 21, 1989
$471,000
Wbb Aab INC
Gottlieb,milton
Trustees Deed
related
$261,190
—
—
Wbb Aab INC
—
Deed Of Trust
related
—
—
—
George Whitman
—
Deed Of Trust
related
$250,000 · United Security Bank
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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