Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6042 Fresno St Fresno, CA 93710-5279

    • Office buildings
    • 12,914 SF
    • 0.95 lot acres
    OFF-MARKET
    Value Estimations
    $1,840,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-3704809
    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

    • Molthen Chiropractic Inc: Black Geoffrey W MD / Physician
    • Law Offices of Bryan K. Leiser / Law Firm
    • Soto Ernestina G / Physician
    • Noel T. Paredes, DDS / Dental Office
    • B-U Beauty / Medical Clinic / Skin Care Clinic

    Property Details for 6042 Fresno St

    Year built
    1989
    Construction
    TILT-UP CONCRETE
    Lot size
    0.95 lot acres
    Property size
    12,914 SF
    Zone code
    O
    Property type
    Office buildings
    APN
    409-492-15
    APU
    40949215

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,337,000
      Market price range: $1.01M - $2.51M
      AI Estimate
      $1,298,000
      Market price range: $682k - $1.54M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,915,000
      Current use
      RESTAURANT
      $3,035,000
      Change: +58% Conversion: Moderate
      MEDICAL BUILDING
      $3,010,000
      Change: +57% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $2,085,000
      Change: +9% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,990,000
      Change: +4% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,815,000
      Change: -5% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.781
    Latitude
    36.8237
    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
    $22,317
    $475,000
    $1,275,000
    $1,750,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,560,000
      18,542 SF

      114 Shaw Ave Ste, Unit 210

      OFFICE BUILDING • 18,542 SF
      114 Shaw Ave Ste, Fresno, CA 93710-7621
      View Details
    • Value Estimation by Request
      889 SF

      5477 Fresno St Ste, Unit 3

      OFFICE BUILDING • 889 SF
      5477 Fresno St Ste, Fresno, CA 93710-6079
      View Details
    • Value Estimation
      $1,900,000
      12,482 SF

      6733 Willow Ave

      OFFICE BUILDING • 12,482 SF
      6733 Willow Ave, Fresno, CA 93710-5953
      View Details
    • Value Estimation
      $1,000,000
      7,632 SF

      5380 Fresno St

      OFFICE BUILDING • 7,632 SF
      5380 Fresno St, Fresno, CA 93710-6847
      View Details
    • Value Estimation by Request
      725 SF

      1145 Shaw Ave, Unit 101

      OFFICE BUILDING • 725 SF
      1145 Shaw Ave, Fresno, CA 93710-7808
      View Details
    • Value Estimation by Request
      1,026 SF

      371 Bullard Ave

      OFFICE BUILDING • 1,026 SF
      371 Bullard Ave, Fresno, CA 93710-5217
      View Details

    Similar Nearby for Sale

    • $925,000
      4,893 SF

      Medical/Professional Office Building For Sale

      Medical/professional office building with easy highway access and great visibility.
      720 E Bullard Ave, Fresno, CA 93710
      View Details
    • $5,360,000
      19,914 SF

      Fresno Office Building For Sale

      19,914 SF office building available in Fresno, California.
      6297 N Fresno St, Fresno, CA 93710
      View Details
    • Contact for pricing
      5,200 SF

      Fresno Office Building For Sale

      Located near Highway 41, Saint Agnes, and Kaiser Permanente.
      6700 N 1St St, Fresno, CA 93710
      View Details
    • $1,558,690
      6,362 SF

      North Fresno Street Office Buildings

      Six single-story office buildings near Freeway 41.
      5660 N Fresno St, Fresno, CA 93710
      View Details
    • $2,100,000
      5,504 SF

      Fresno Office Building For Sale

      Single-story office building in North Fresno with freeway access.
      6785 N Willow Ave, Fresno, CA 93710
      View Details
    • $1,734,600
      7,080 SF

      North Fresno Street Office Park

      Six single-story office buildings near Bullard Avenue and Freeway 41.
      5670 N Fresno St, Fresno, CA 93710
      View Details

    Similar Nearby for Lease

    • $1.55 SF/Yr
      11,974 SF

      Fresno Office Space For Lease

      Commercial property for lease in a vibrant Fresno location.
      776 East Shaw Ave, Fresno, CA 93710
      View Details
    • Contact for pricing
      1,830 SF

      Single Story Office Buildings

      Six single-story office buildings with easy freeway access.
      5690 N Fresno St, Fresno, CA 93710
      View Details
    • $1.45 SF/Yr
      11,565 SF

      Landmark Office Building Near Fig

      Multi-story office building with excellent exposure and easy freeway access.
      1071 W Shaw Ave, Fresno, CA 93710
      View Details
    • $1.75 SF/Yr
      2,432 SF

      Freestanding Office Building For Rent

      Single-story office building with atrium, near retail and university.
      1782 E Bullard Ave, Fresno, CA 93710
      View Details
    • $1,531,250
      5,140 SF

      North Fresno Street Office Buildings

      Six single-story office buildings near Freeway 41.
      5650 N Fresno St, Fresno, CA 93710
      View Details
    • Contact for pricing
      29,613 SF

      Shaw Corporate Campus: Fresno Office Space

      Prime Fresno Office, 29,613 SF, 8.69 Acres
      1333 Shaw Ave, Fresno, CA 93710
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6042 Fresno St
    Fresno, CA 93710-5279
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.