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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Flex space
5391 Englehart Ave Reedley, CA 93654-9423
Trust Owned
13-yr Hold
Free & Clear
Property ID
US09-1843280
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1978
Construction
WOOD
Total area
3,553 SF
Lot
6.61 ac (287,931 SF)
Zoning code
A1
APN
360-150-17
UPID
US09-1843280
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$705k
Comparable Approach
Comparable
$897k
Blend (final)
Blend
$725k
Owner & transaction history
Burkett,donald R Family Trust · 13 yrs held
Burkett,donald R Family Trust
since 2013
4 recorded transactions
Zoning & alternative use
A1 · Reedley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+192.6%
Medical building
$695,000
+83.1%
Office building
$600,000
+59.0%
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 Reedley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reedley 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%
$765,000
6.5%
$705,000
7%
$655,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,105,000
Change: +193% · Conversion: Difficult
MEDICAL BUILDING
$695,000
Change: +83% · Conversion: Difficult
OFFICE BUILDING
$600,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$520,000
Change: +38% · Conversion: Easy
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$204 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,705
Tax year 2024
Assessed value
$630,713
Assessed 2024
Previous assessed
$630,713
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$36,432
Assessed improvement
$594,281
Applied tax rate
169.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
2
Bathrooms
2
Total area
3,553 SF
Lot
6.61 ac (287,931 SF)
Zoning code
A1
APN
360-150-17
UPID
US09-1843280
Jurisdiction
FRESNO
Zoning & alternative use
A1 · Reedley, CA
Zoning A1 · permitted uses
A1 · Reedley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Reedley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$695,000
OFFICE BUILDING
Est. value
$600,000
AUTO REPAIR, GARAGE
Est. value
$520,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1978
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
2
Lot
6.61 ac
Current owner
From public records · entity-resolved
Burkett,donald R Family Trust
Trust
Free & Clear · 13 yrs held
Mailing address
5391 S ENGLEHART AVE, REEDLEY, CA 93654-9423
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2013
—
Burkett,donald R Family Trust
Burkett,donald R
Quit Claim Deed
related
—
Dec 4, 2012
—
Donald R Burkett
Burkett,shirlie
Affidavit Of Death
related
—
—
—
Donald R Burkett
—
Deed Of Trust
related
$131,100 · Us Farmers Home
—
—
Donald R Burkett
—
Deed Of Trust
related
$320,000 · Individual
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.
Try Rey
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