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Property profile & analytics
OFF-MARKET Estimated value $8,610,000
Auto shops

7055 Palm Ave Fresno, CA 93650-1088

56,331 SF 5.31 ac lot Built 2003
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US10-3108460
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2003
Construction TYPE NOT SPECIFIED
Total area 56,331 SF
Lot 5.31 ac (231,303 SF)
Zoning code IL
APN 405-560-34
UPID US10-3108460
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
  • Mercedes-Benz of Fresno Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.76M
Blend (final) Blend
$8.61M
Owner & transaction history
Nnn Auto Owner I LLC · 7 yrs held
Nnn Auto Owner I LLC
since 2019
6 recorded transactions
2019
$18.1M
2017
Price N/A
2011
Price N/A
2005
Price N/A
1969
Price N/A
1969
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
Top alternative use upside
Restaurant $13.2M +52.5%
Medical building $11.3M +30.4%
Office building $9.0M +3.1%
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