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Property profile & analytics
OFF-MARKET
Estimated value
$35,420,000
Apartment buildings
5301 Valentine Ave Fresno, CA 93711-4097
Entity Owned
~
Est. High Equity
Property ID
US09-1384623
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Year built
2004
Construction
WOOD
Total area
322,852 SF
Lot
18.78 ac (818,056 SF)
Zoning code
RM1
APN
415-041-04S
UPID
US09-1384623
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
-
Velo Events By Annamarie Event Planning Wedding Service
-
TEER KAMAN SURLI Apartment Building
-
Central Cal Bullies Pet Store
-
J`s Simple Rentals & Auto Sales LLC Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$24.80M
Blend (final)
Blend
$35.42M
Owner & transaction history
Ascent Townhomes LP
Ascent Townhomes LP
since 2025
7 recorded transactions
Zoning & alternative use
RM1 · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$49.8M
+20.4%
Industrial (general)
$45.4M
+9.8%
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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$41,360,000
Current use
AUTO REPAIR, GARAGE
$49,780,000
Change: +20% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$45,400,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$33,980,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$35.42M
Range $31.88M – $38.96M · ±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
$110 / 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
$1,041,315
Tax year 2023
Assessed value
$81,886,900
Assessed 2023
Previous assessed
$81,886,900
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$9,820,000
Assessed improvement
$72,066,900
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
Apartment buildings
Use group
APARTMENT HOUSE (100+ UNITS)
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
2
Units
248
Bathrooms
4
Total area
322,852 SF
Lot
18.78 ac (818,056 SF)
Zoning code
RM1
APN
415-041-04S
UPID
US09-1384623
Jurisdiction
FRESNO
Zoning & alternative use
RM1 · Fresno, CA
Zoning RM1 · permitted uses
RM1 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$41.4M
AUTO REPAIR, GARAGE
Est. value
$49.8M
INDUSTRIAL (GENERAL)
Est. value
$45.4M
RETAIL STORES
Est. value
$34.0M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
2004
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
248
Bathrooms
4
Lot
18.78 ac
Current owner
From public records · entity-resolved
Ascent Townhomes LP
Entity
Mailing address
46 PENINSULA CTR E STE E, ROLLING HILLS ESTATES, CA 90274-3562
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2025
—
Ascent Townhomes LP
Oak View Apts LP
Grant Deed
—
Dec 19, 2022
—
Oak View Apts L P
Ascent Townhomes LLC
Grant Deed
—
Jun 30, 2022
$82,000,000
Ascent Townhoms LLC
Fresno Apartments Owner LLC
Grant Deed
$45,000,000 · The Northern Trust Co
Sep 10, 2019
$35,000,000
Fresno Apartments Owner LLC
Phoenix 248 LLC
Grant Deed
$26,250,000 · Phoenix 248 LLC
Jul 11, 2018
—
Phoenix 248 LLC
—
Deed
related
$7,000,000 · Wells Fargo Bk
Jul 11, 2014
—
Phoenix 248 LLC
—
Grant Deed
related
$14,000,000 · Wells Fargo Bk
Sep 29, 2004
—
Phoenix 248 LLC
—
Deed Of Trust
related
$16,500,000 · Gmac Commercial Mortgage Corp
Jun 20, 2001
—
Berry Trust
Roberts Trust
Grant Deed
related
$400,000 · Roberts Trust
Nov 1, 1996
—
Roberts Trust
Roberts Trust
Quit Claim Deed
related
—
Dec 14, 1990
$5,864,000
Margaret Jensen
Assemi Dev INC
Grant Deed
—
—
—
Phoenix 248 LLC
—
Loan Modification
related
$7,000,000 · Wells Fargo Bk
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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