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Property profile & analytics
OFF-MARKET Estimated value $815,000
Manufacturing properties

635 Florence Ave Fresno, CA 93706

60,972 SF 5.12 ac lot Built 1975
Entity Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US09-2783777
Property profile
Verified
Property type Manufacturing properties
Use group FOOD PACKING, PACKING PLANT
Year built 1975
Construction TYPE NOT SPECIFIED
Total area 60,972 SF
Lot 5.12 ac (223,027 SF)
Zoning code IL
APN 477-054-11
UPID US09-2783777
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$985k
CAP Approach CAP
by Request
Comparable Approach Comparable
$646k
Blend (final) Blend
$815k
Owner & transaction history
Mje Brothers LLC · 20 yrs held
Mje Brothers LLC
since 2006
5 recorded transactions
2006
$300,000
1998
$260,000
1993
Price N/A
1989
$3.6M
1989
Price N/A
Zoning & alternative use
IL · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Caretaker Residence IL,* HL* Colleges & Trade Schools, Public or Private O,* BP,* RBP,* IL, HL Community & Religious Assembly (less than 2,000 SF) O, BP, RBP, IL Community & Religious Assembly (more than 2,000 SF) O Community Garden O, BP, RBP, IL, HL Cultural Institutions | Day Care Centers O, BP, RBP Emergency Shelter RBP, IL Government Offices | Offices O…

Zone name Light Industrial
General category INDUSTRIAL
Zone area 4,215.20 ac
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