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Property profile & analytics
OFF-MARKET
Estimated value
$1,350,000
Grocery and convenience stores
701 I St Reedley, CA 93654-2816
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-3401059
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1973
Construction
WOOD
Total area
3,120 SF
Lot
0.32 ac (14,100 SF)
Zoning code
CC
APN
368-092-01
UPID
US09-3401059
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
$1.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.35M
Owner & transaction history
Behia Investment INC · 6 yrs held
Behia Investment INC
since 2020
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
CC · Reedley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Reedley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reedley 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
$1,470,000
ML approach
$1,485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.35M
Range $1.22M – $1.49M · ±10% · vs last sale $1.28M (Jan 28 2020)
Last sale anchor
$1.28M
Jan 28 2020
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
$433 / 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
$14,858
Tax year 2023
Assessed value
$1,256,197
Assessed 2023
Previous assessed
$1,256,197
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$236,514
Assessed improvement
$1,019,683
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,120 SF
Lot
0.32 ac (14,100 SF)
Zoning code
CC
APN
368-092-01
UPID
US09-3401059
Jurisdiction
FRESNO
Zoning & alternative use
CC · Reedley, CA
Zoning CC · permitted uses
CC · Reedley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Reedley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Behia Investment INC
Entity
Mailing address
701 I ST, REEDLEY, CA 93654-2816
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2020
$1,275,000
Behia Investment INC
Ranz LLC
Grant Deed
$1,100,000 · State Bk/india
Jan 28, 2020
—
Kliewer,l J & A M Fam Trust
Alvina M Kliewer
Affidavit Of Death
related
—
Jun 19, 2015
—
Ranz LLC
Gulamali Amin
Quit Claim Deed
—
May 31, 1996
$360,000
Amin Gulamali
Kliewer Trust
Grant Deed
$285,000 · Seller
Feb 7, 1994
—
Kliewer Trust
Kliewer,james &
Quit Claim Deed
related
—
Dec 23, 1992
$120,000
James Kliewer
Kliewer,lowell J
Grant Deed
related
$120,000 · Seller
Dec 5, 1979
$37,000
—
—
Grant Deed
related
—
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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