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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Turn key restaurants
861 Olive Ave Fresno, CA 93728-3352
Individually Owned
5-yr Hold
Free & Clear
Property ID
US09-2592535
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1955
Construction
TILT-UP CONCRETE
Total area
5,700 SF
Lot
0.22 ac (9,570 SF)
Zoning code
CMS
APN
451-266-14
UPID
US09-2592535
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
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$790k
Owner & transaction history
Richard Kevin Barclay · 5 yrs held
Richard Kevin Barclay
since 2021
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
CMS · Fresno, 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 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
$775,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,145,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$790k
Range $711k – $869k · ±10% · vs last sale $800k (Jun 29 2021)
Last sale anchor
$800k
Jun 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
$139 / 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
$9,782
Tax year 2023
Assessed value
$754,290
Assessed 2023
Previous assessed
$754,290
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$78,030
Assessed improvement
$676,260
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1955
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
5,700 SF
Lot
0.22 ac (9,570 SF)
Zoning code
CMS
APN
451-266-14
UPID
US09-2592535
Jurisdiction
FRESNO
Zoning & alternative use
CMS · Fresno, CA
Zoning CMS · permitted uses
CMS · 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
MEDICAL BUILDING
Est. value
$1.1M
MEDICAL 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
1955
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Richard Kevin Barclay
Individual
Free & Clear · 5 yrs held
Mailing address
2241 E HOGAN AVE, FRESNO, CA 93730-5148
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2021
$800,000
Richard Kevin Barclay
Amendola Investments LLC
Grant Deed
—
Jun 29, 2021
—
Richard Kevin Barclay
Amendola Investments LLC
Assignment Of Lease (leasehold Sale)
—
Nov 16, 2020
$800,000
Amendola Investments LLC
Olive & Wishon LLC
Grant Deed
—
Jul 17, 2014
$350,000
Olive & Wishon LLC
Charlton S H Trust
Grant Deed
—
Dec 10, 2012
—
Charlton Suzanne H Trust
Charlton,suzanne H
Quit Claim Deed
related
—
Feb 23, 2012
—
Betsy Griffin
Lipari Virginia Trust
Grant Deed
related
—
Jul 9, 2010
—
Betsy Griffin
Huffman,elizabeth
Quit Claim Deed
related
—
Jul 6, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Aug 20, 2007
—
Avis Anne S 2007 Trust
Avis,anne S
Quit Claim Deed
related
—
Jun 4, 2007
—
Lipari Virginia Trust
Lipari,virginia H
Quit Claim Deed
related
—
Mar 2, 2007
—
Virginia H Lapri
Lipari,steven R
Grant Deed
related
—
Feb 18, 2005
—
Virginia H Lipari
Lipari,steven R
Quit Claim Deed
related
—
May 7, 2003
—
Wilson Investments LP
Wilson,tr
Quit Claim Deed
related
—
Apr 25, 2003
—
Anne S Avis
Wilson,tr
Grant Deed
related
—
Jan 3, 2003
—
Huffman,tr
Huffman,f
Quit Claim Deed
related
—
Aug 16, 2000
—
Wilson Trust
Wilson,rosanna K
Quit Claim Deed
related
—
Jun 23, 1995
—
William H Huffman
Huffman,sandra
Quit Claim Deed
related
—
Jan 4, 1995
—
Steven R Lipari
Lipari,virginia H
Quit Claim Deed
related
—
May 31, 1994
$5,000
Rosanna Wilson
Wilson,bruce
Grant Deed
related
—
Feb 17, 1994
—
Wilson Trust
Wilson,rosanna K
Quit Claim 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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