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Property profile & analytics
OFF-MARKET Estimated value $5,395,000
Banks

5240 Palm Ave Fresno, CA 93704-2209

9,448 SF 1.3 ac lot Built 1989
Entity Owned ~ Est. High Equity
Property ID
US09-2294239
Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1989
Construction TILT-UP CONCRETE
Total area 9,448 SF
Lot 1.3 ac (56,628 SF)
Zoning code RMX
APN 417-140-15
UPID US09-2294239
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
  • Sang Pediatrics Medical Clinic Pediatrician
  • California Bank & Trust Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.40M
Owner & transaction history
Palm 5240 LLC
Palm 5240 LLC
since 2026
Last sale
$4.5M
6 recorded transactions
2026
$3.7M
2020
Price N/A
2015
$4.5M
2005
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RMX · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Single Unit Dwelling, Attached | Multi-Unit Residential NMX,* CMX,* RMX* Adult Family Daycare, Small (6 clients or less) & Large (7-12 clients) NMX,* CMX* Elderly & Long-Term Care NMX* Family Daycare, Small (8 children or less) NMX,* CMX,* RMX* Group Residential NMX,* CMX,* RMX* Residential Care, Limited NMX,* CMX,* RMX* Community & Religious Assembly (less…

Zone name Regional Mixed Use
General category MIXED_USE
Zone area 726.24 ac
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