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Property profile & analytics
OFF-MARKET
Estimated value
$2,605,000
Auto shops
711 Palmdon Dr Fresno, CA 93704-1080
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US09-1572415
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2005
Construction
WOOD
Total area
15,410 SF
Lot
2.65 ac (115,434 SF)
Zoning code
CG
APN
407-031-37S
UPID
US09-1572415
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.88M
Blend (final)
Blend
$2.61M
Owner & transaction history
Harris Real Estate Grp · 20 yrs held
Harris Real Estate Grp
since 2005
1 recorded transaction
Zoning & alternative use
CG · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
orhood RM-3 - Residential Multi-Family, High Desnity NMX - Neighborhood Mixed Use CMX - Corridor/Center Mixed Use RMX - Regional Mixed Use CMS - Commercial Main Street CC - Commercial Community CR - Commercial Regional CG - Commercial General CH - Commercial Highway and Auto CRC - Commercial Recreation O - Office BP - Business Park IL - Light Industrial IH -…
Zone name
Commercial General
General category
COMMERCIAL
Zone area
452.18 ac
Top alternative use upside
Restaurant
$3.6M
+52.5%
Medical building
$3.1M
+30.4%
Office building
$2.5M
+3.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,375,000
Current use
RESTAURANT
$3,625,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$3,100,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$2,450,000
Change: +3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,165,000
Change: -9% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,975,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.61M
Range $2.34M – $2.87M · ±10%
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
$169 / 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
$57,446
Tax year 2023
Assessed value
$4,500,000
Assessed 2023
Previous assessed
$4,500,000
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,000,000
Assessed improvement
$2,500,000
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
2005
Construction
WOOD
Heating
NONE
Stories
1
Total area
15,410 SF
Lot
2.65 ac (115,434 SF)
Zoning code
CG
APN
407-031-37S
UPID
US09-1572415
Jurisdiction
FRESNO
Zoning & alternative use
CG · Fresno, CAZoning CG · permitted uses
CG · Fresno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
orhood RM-3 - Residential Multi-Family, High Desnity NMX - Neighborhood Mixed Use CMX - Corridor/Center Mixed Use RMX - Regional Mixed Use CMS - Commercial Main Street CC - Commercial Community CR - Commercial Regional CG - Commercial General CH - Commercial Highway and Auto CRC - Commercial Recreation O - Office BP - Business Park IL - Light Industrial IH - Heavy Industrial OS - Open Space PR - Park and Recreation PI - Public and Insti
Zone name
Commercial General
General category
COMMERCIAL
Zone area
452.18 ac
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.4M
RESTAURANT
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
AUTO REPAIR, GARAGE Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
2005
Construction
WOOD
Heating
NONE
Stories
1
Lot
2.65 ac
Current owner
From public records · entity-resolved
Harris Real Estate Grp
Individual
Mailing address
677 W PALMDON DR STE #107, FRESNO, CA 93704-1094
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2005
—
Harris Real Estate Grp
Palm-herndon LLC
Grant Deed
$4,225,000 · 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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