Financial
Distress signals
Property profile

585 Nees Ave Fresno, CA 93711

OFF-MARKET
Retail space
Property ID
US09-3159611
18,810 SF 1.94 ac lot Built 2009
Last sale Apr 2019 · $4,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial property is a former Subway restaurant configured for restaurant/quick-service use. The available space measures 1,258 square feet. The site is situated in a Fresno trade area with substantial nearby office development, providing a concentration of daytime workforce within approximately a 1.5-mile radius. The listing also references a 585-square-foot figure for the property site area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$47k
Tax billed · 2023
Assessed value$3.90M
Assessed land$1.60M
Assessed improvement$2.30M
Effective rate1.22%

Value estimate

· Sep 2026
$1.84M
$1.66M – $2.02M
Submarket $/SF estimate$2.53M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$105/SF
Submarket average, outlier-cleaned · 271 recorded sales of this use type
Observed band · Q1–Q3$52 – $166
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IL
Caretaker Residence IL,* HL* Colleges & Trade Schools, Public or Private O,* BP,* RBP,* IL, HL Community & Religious Assembly (less than ...
General categoryINDUSTRIAL
JurisdictionFRESNO

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center9.6
Shoe Repair8.6
Acupuncture8.2

Location

585 Nees Ave Fresno, CA 93711-6279
County assessor Recorded deeds · 22 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
295 El Paso, Fresno, CA 93711-5821 $4,187,000 Apr 2025 21,181 SF
3365 Shaw, Fresno, CA 93711 $5,000,000 Mar 2025 15,088 SF
2066 Shaw, Fresno, CA 93711-3403 $3,075,000 Jan 2024 20,473 SF
2017 Shaw, Fresno, CA 93711-3404 $11,068,000 Mar 2022 17,272 SF
2047 Shaw, Fresno, CA 93711-3404 $11,068,000 Mar 2022 13,969 SF
426 Bedford, Fresno, CA 93711-6858 $103,000 Apr 2021 20,051 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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