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Property profile & analytics
OFF-MARKET
Estimated value
$3,030,000
Office buildings
575 Alluvial Ave Fresno, CA 93720-2800
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-2910393
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Construction
WOOD
Total area
16,925 SF
Lot
1.26 ac (54,885 SF)
Zoning code
O
APN
303-610-63
UPID
US09-2910393
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
-
Eugene Action Attorney at Law Law Firm
-
Charles M. Palmer Law Firm
-
Strain Sheryl A Law Firm
-
Katie Snyder Realtor Real Estate Agency
-
Daniel Faust Real Estate - Fresno - Central Valley Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.87M
Comparable Approach
Comparable
$3.87M
Blend (final)
Blend
$3.03M
Owner & transaction history
The Palm Group · 7 yrs held
The Palm Group
since 2018
7 recorded transactions
Zoning & alternative use
O · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.0M
+47.9%
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%
$3,100,000
6.5%
$2,865,000
7%
$2,660,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,690,000
Current use
RESTAURANT
$3,980,000
Change: +48% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,610,000
Change: -3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,380,000
Change: -12% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,170,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$3.03M
Range $2.73M – $3.33M · ±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
$179 / 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
$69,799
Tax year 2023
Assessed value
$5,763,084
Assessed 2023
Previous assessed
$5,763,084
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,002,508
Assessed improvement
$4,760,576
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1991
Construction
WOOD
Heating
NONE
Stories
1
Total area
16,925 SF
Lot
1.26 ac (54,885 SF)
Zoning code
O
APN
303-610-63
UPID
US09-2910393
Jurisdiction
FRESNO
Zoning & alternative use
O · Fresno, CA
Zoning O · permitted uses
O · 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
OFFICE BUILDING Current
Est. value
$2.7M
RESTAURANT
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$2.6M
INDUSTRIAL (GENERAL)
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1991
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
The Palm Group
Entity
Mailing address
M HOEKSTRA, SAN DIEGO, CA 92101
Ownership since
2018
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
Nov 19, 2018
$5,375,000
The Palm Group
Jms Property Enterprises LLC
Grant Deed
$2,125,000 · Wells Fargo Bank NA
Apr 10, 2014
$2,100,000
Jms Property Enterprises LLC
First & Alluvial Partnership
Grant Deed
$1,575,000 · Valley Business Bank
Apr 10, 1991
$1,814,000
First
Pickett,& Sons
Grant Deed
related
$1,650,000 · Security Pacific National Bank
May 2, 1989
$475,000
C Pickett
B,g Investments
Grant Deed
—
—
—
First & Alluvial Partnership
—
Deed Of Trust
related
$1,650,000 · Bank Of America
—
—
First Ptshp
—
Deed Of Trust
related
$1,700,800 · United Security Bank
—
—
First Ptshp
—
Deed Of Trust
related
$300,000 · Annette Larue
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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