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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Manufacturing properties
9685 Hughes Ave Fresno, CA 93706-9731
Individually Owned
13-yr Hold
Property ID
US09-1656640
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Year built
1979
Construction
WOOD
Total area
3,868 SF
Lot
40 ac (1,742,400 SF)
Zoning code
A1
APN
338-020-37
UPID
US09-1656640
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
$550k
Blend (final)
Blend
$515k
Owner & transaction history
Noe Marquez · 13 yrs held
Noe Marquez
since 2013
7 recorded transactions
Zoning & alternative use
A1 · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$780,000
+176.0%
Office building
$615,000
+118.3%
Auto repair, garage
$550,000
+95.8%
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
MEDICAL BUILDING
$780,000
Change: +176% · Conversion: Difficult
OFFICE BUILDING
$615,000
Change: +118% · Conversion: Difficult
AUTO REPAIR, GARAGE
$550,000
Change: +96% · Conversion: Difficult
WAREHOUSE, STORAGE
$365,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$133 / 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
$89,175
Tax year 2024
Assessed value
$7,983,030
Assessed 2024
Previous assessed
$7,983,030
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$76,595
Assessed improvement
$7,906,435
Applied tax rate
59.0000
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
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
1
Bathrooms
3
Total area
3,868 SF
Lot
40 ac (1,742,400 SF)
Zoning code
A1
APN
338-020-37
UPID
US09-1656640
Jurisdiction
FRESNO
Zoning & alternative use
A1 · Fresno, CAZoning A1 · permitted uses
A1 · Fresno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$780,000
OFFICE BUILDING
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$550,000
WAREHOUSE, STORAGE
Est. value
$365,000
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1979
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
40 ac
Current owner
From public records · entity-resolved
Noe Marquez
Individual
Mailing address
9685 S HUGHES AVE, FRESNO, CA 93706-9731
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
Apr 26, 2013
—
Noe Marquez
Marquez,noe & Angela
Quit Claim Deed
related
—
Dec 27, 2012
—
Moles Family Farms LLC
Moles Family Trust
Quit Claim Deed
related
—
Apr 14, 1978
$300,000
Ermel Ray Moles
—
Grant Deed
related
—
—
—
Moles Family Farms LLC
—
Deed Of Trust
related
$8,150,000 · Farm Credit Svcs
—
—
Moles Family Farms LLC
—
Deed Of Trust
related
$2,654,500 · Farm Credit Svcs
—
—
Marquez,n & A Living Trust
—
Deed Of Trust
related
$100,000 · Golden St Farm Credit Pca
—
—
Moles Family Trust
—
Deed Of Trust
related
$2,000,000 · Farm Credit Service
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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