Technical
Financial
Distress signals
Property profile

616 Olive Ave Fresno, CA 93728

OFF-MARKET
Retail space
Property ID
US09-2945218
6,180 SF 0.33 ac lot Built 1955
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction TILT-UP CONCRETE
Total area 6,180 SF
Lot 0.33 ac (14,400 SF)
Zoning code CMS
APN 452-031-02
UPID US09-2945218

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Market Restaurant

Location

616 Olive Ave Fresno, CA 93728-3225
Fresno metro Census 2200 FRESNO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$761k
Blend (final) Blend
$690k

Owner & transaction history

since 2018
5 recorded transactions
2018
$875,000
2004
$735,000
1986
$120,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CMS · Fresno, CA
Zoning description

Single Unit Dwelling, Attached | Multi-Unit Residential CMS,* CR* Adult Family Daycare, Small (6 clients or less) | Elderly & Long-Term Care CMS,* CR* Family Daycare, Small (8 children or less) & Large (9-14 children) CM…

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $955,000 +61.1%
Apartment house (5+ units) $890,000 +50.5%
Industrial (general) $870,000 +46.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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