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Property profile & analytics
OFF-MARKET
Estimated value
$7,235,000
Auto shops
6162 Blackstone Ave Fresno, CA 93710-5010
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-2513860
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1980
Construction
TYPE NOT SPECIFIED
Total area
29,321 SF
Lot
2.82 ac (122,839 SF)
Zoning code
CMX
APN
409-171-07
UPID
US09-2513860
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
-
Fresno Chrysler Dodge Jeep RAM Car Dealership
-
Fresno - Jeep Car Dealership Auto Repair Shop
-
FIAT at Fresno Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.96M
Blend (final)
Blend
$7.24M
Owner & transaction history
Timdon Properties III LLC · 5 yrs held
Timdon Properties III LLC
since 2021
Last sale
$7.5M
4 recorded transactions
Zoning & alternative use
CMX · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.2M
+125.3%
Restaurant
$6.9M
+52.5%
Medical building
$6.8M
+51.2%
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
$7,245,000
ML approach
$6,705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$4,520,000
Current use
COMMERCIAL (GENERAL)
$10,185,000
Change: +125% · Conversion: Moderate
RESTAURANT
$6,895,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$6,835,000
Change: +51% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,730,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$4,350,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$7.24M
Range $6.51M – $7.96M · ±10% · vs last sale $7.50M (Apr 29 2021)
Last sale anchor
$7.50M
Apr 29 2021
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
$247 / 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
$69,638
Tax year 2023
Assessed value
$5,462,100
Assessed 2023
Previous assessed
$5,462,100
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$2,559,384
Assessed improvement
$2,902,716
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1980
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
29,321 SF
Lot
2.82 ac (122,839 SF)
Zoning code
CMX
APN
409-171-07
UPID
US09-2513860
Jurisdiction
FRESNO
Zoning & alternative use
CMX · Fresno, CA
Zoning CMX · permitted uses
CMX · 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
AUTO REPAIR, GARAGE Current
Est. value
$4.5M
COMMERCIAL (GENERAL)
Est. value
$10.2M
RESTAURANT
Est. value
$6.9M
MEDICAL BUILDING
Est. value
$6.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.7M
OFFICE BUILDING
Est. value
$4.4M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1980
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
2.82 ac
Current owner
From public records · entity-resolved
Timdon Properties III LLC
Entity
Mailing address
6162 N BLACKSTONE AVE, FRESNO, CA 93710-5010
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2021
$7,500,000
Timdon Properties III LLC
Normar Investment Co
Grant Deed
$5,808,000 · Wells Fargo Bank NA
Jun 30, 1994
—
Normar Investment Co
Harris,norman K
Quit Claim Deed
related
—
Dec 7, 1978
$1,175,000
Normar Investment Co
Trust Norman K
Grant Deed
related
—
—
—
Normar Investment Co
—
Deed Of Trust
related
$4,000,000 · Wells Fargo Bank
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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