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    Property profile & analytics

    5478 Palm Ave Fresno, CA 93704-1940

    • Medical offices
    • 3,480 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $765,000
    Last Sale
    Oct 12, 2023
    $740,000
    Location Intelligence
    Property ID
    US09-3277813
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mendelsohn's Vision Center / Optometrist
    • Surbjeet K. Mann, OD / Optometrist
    • Dr Saul Mendelsohn / Optometrist / Contact Lenses Supplier
    • Dr. Kevin Villarama / Optometrist
    • Surbjeet Mann / Optometrist

    Property Details for 5478 Palm Ave

    Year built
    1978
    Construction
    WOOD
    Lot size
    0.30 lot acres
    Property size
    3,480 SF
    Zone code
    O
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    416-281-34
    APU
    41628134

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $795,000
      6.5%
      $815,000
      7%
      $725,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $840,000
      Geo Method
      $745,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $890,000
      Retail
      $795,000
      Mixed-Use
      $695,000
      Hospitality
      $725,000
      Educational
      $885,000
      Residential Income
      $950,000
      Energy
      $840,000
      Income-Based Land
      $970,000
      Food Service
      $840,000

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.808
    Latitude
    36.817
    CBSA code
    23420
    CBSA name
    FRESNO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,522
    $115,092
    $230,203
    $345,295
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $330,000
      2,594 SF

      1046 Shields Ave

      MEDICAL BUILDING • 2,594 SF
      1046 Shields Ave, Fresno, CA 93704-5044
      View Details
    • Value Estimation
      $240,000
      1,128 SF

      430 Shaw Ave

      MEDICAL BUILDING • 1,128 SF
      430 Shaw Ave, Fresno, CA 93704-2511
      View Details
    • Value Estimation
      $395,000
      3,561 SF

      5492 Palm Ave

      MEDICAL BUILDING • 3,561 SF
      5492 Palm Ave, Fresno, CA 93704-1959
      View Details
    • Value Estimation
      $245,000
      1,128 SF

      436 Shaw Ave

      MEDICAL BUILDING • 1,128 SF
      436 Shaw Ave, Fresno, CA 93704-2511
      View Details
    • Value Estimation
      $225,000
      1,128 SF

      428 Shaw Ave

      MEDICAL BUILDING • 1,128 SF
      428 Shaw Ave, Fresno, CA 93704-2511
      View Details
    • Value Estimation
      $290,000
      1,834 SF

      5375 Palm Ave

      MEDICAL BUILDING • 1,834 SF
      5375 Palm Ave, Fresno, CA 93704-2206
      View Details

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    Similar Nearby for Lease

    • $16 SF/Yr
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    • Contact for pricing
      117,046 SF

      Fig Garden Office Space Available

      Prestigious Fresno Office Suites, 3,939-5,045 sq ft
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    • $1.75 SF/Yr
      1,057 SF

      Office Space Available For Rent

      Office space available for rent with 1057 square feet.
      363 E Warner Ave, Fresno, CA 93704
      View Details
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    Fresno, CA 93704-1940
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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