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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Flex space
9139 Chance Ave Fresno, CA 93725-9675
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2988872
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1960
Construction
TILT-UP CONCRETE
Total area
4,880 SF
Lot
0.52 ac (22,500 SF)
Zoning code
M1
APN
338-180-17S
UPID
US10-2988872
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
$510k
CAP Approach
CAP
$550k
Comparable Approach
Comparable
$432k
Blend (final)
Blend
$525k
Owner & transaction history
Larry T Hunt II · 3 yrs held
Larry T Hunt II
since 2022
Last sale
$512,000
7 recorded transactions
Zoning & alternative use
M1 · 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
$535,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$550,000
7%
$510,000
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $512k (Sep 27 2022)
Last sale anchor
$512k
Sep 27 2022
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
$108 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,868
Tax year 2024
Assessed value
$532,268
Assessed 2024
Previous assessed
$532,268
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$88,434
Assessed improvement
$443,834
Applied tax rate
157.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
4,880 SF
Lot
0.52 ac (22,500 SF)
Zoning code
M1
APN
338-180-17S
UPID
US10-2988872
Jurisdiction
FRESNO
Zoning & alternative use
M1 · Fresno, CA
Zoning M1 · permitted uses
M1 · 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.
Building & site characteristics
From public records
Year built
1960
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Larry T Hunt II
Individual
Mailing address
3462 W PALO ALTO AVE, FRESNO, CA 93711-0946
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2022
—
Larry T Hunt II
Larry T Hunt
Intrafamily Transfer
related
—
May 16, 2022
$512,000
Larry T Hunt
Salvador Olvera JR
Grant Deed
—
Jul 31, 2017
$175,000
Olvera Salvador JR.
Ken,touy
Grant Deed
$110,000 · Touy Ken
Oct 28, 2016
—
Touy Ken
—
Deed
related
$330,000 · Gavriloff M A & M H Trust (rt)
Aug 4, 2010
$125,000
Ken Touy
Leroy,curtiss & Maxine J
Grant Deed
$100,000 · Curtiss & Maxine J Leroy
Jan 27, 2004
—
Curtiss Leroy
Leroy,curtis & Maxine J
Quit Claim Deed
related
—
Jan 23, 2004
$79,000
Curtis Leroy
Dyer,tr
Grant Deed
—
Nov 9, 2001
—
Dyer Trust
Dyer,karnig
Quit Claim Deed
related
—
Nov 18, 1986
$115,000
Karnig Dyer
Lozano,aaron Cavozoz JR
Grant Deed
—
—
—
Touy Ken
—
Deed Of Trust
related
$330,000 · Gavriloff M A & M H Trust (rt)
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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