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Property profile & analytics
FOR LEASE
Turn key restaurants
5420 N Blackstone Ave Fresno, CA 93710
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-1809692
For Lease
1 / 2
Contact for pricing
5420 N Blackstone Ave, Fresno, CA 93710
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Construction
WOOD
Total area
3,372 SF
Lot
0.4 ac (17,430 SF)
Zoning code
RMX
APN
418-450-09
UPID
US09-1809692
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nostalgias Star LLC · 14 yrs held
Nostalgias Star LLC
since 2012
7 recorded transactions
Zoning & alternative use
RMX · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,860
Tax year 2023
Assessed value
$688,139
Assessed 2023
Previous assessed
$688,139
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$289,742
Assessed improvement
$398,397
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
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,372 SF
Lot
0.4 ac (17,430 SF)
Zoning code
RMX
APN
418-450-09
UPID
US09-1809692
Jurisdiction
FRESNO
Zoning & alternative use
RMX · Fresno, CA
Zoning RMX · permitted uses
RMX · 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.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Nostalgias Star LLC
Entity
Mailing address
505 LOMAS SANTA FE DR STE #170, SOLANA BEACH, CA 92075-1333
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2021
—
Nostalgia S Star LLC
—
Deed
related
$6,500,000 · River City Bank
Apr 5, 2012
$7,400,000
Nostalgias Star LLC
Storelli Family Trust
Grant Deed
$7,500,000 · Reliastar Life Insurance Co
Mar 30, 2010
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Sep 1, 2007
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Mar 10, 2006
—
Hinds Investments
Hinds Thomas F & M J Trust
Quit Claim Deed
related
—
Jan 21, 1997
—
Hinds Trust
Hinds,thomas F & Mary J
Quit Claim Deed
related
—
Sep 14, 1979
—
Hinds,thomas F & Mary Jane|storelli,joe Trust
—
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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