4685 Cedar AveFresno, CA 93726

  • Office properties
  • 2,407 SF
For Sale
$525,000 View listing

Property Details for 4685 Cedar Ave

Year built
1978
Construction
WOOD
Lot size
0.21 AC
Property size (Sq ft)
2,407 SF
Zone code
RM1
Property type
Office properties
Property subtype
Office buildings
APN
427-380-03
APU
42738003

Description

This exceptional 2,407-square-foot executive and traditional office space in Fresno, CA, is available for $525,000. Located at 4685 N Cedar Ave, 93726, this well-maintained building boasts a recent, first-class remodel, including brand-new hard-surface flooring, updated HVAC systems, energy-efficient features, LED lighting, fresh interior and exterior paint, and ADA-compliant restrooms. The space features ten rooms: three larger offices/conference rooms (12' x 14'), seven smaller offices (8' x 12'), a kitchenette, a reception area, common storage, and restrooms. The property sits on a 0.21-acre lot (APN 427-380-03) and benefits from ample on-site and street parking, providing convenient access for clients and employees. High-speed Comcast fiber internet is already installed. Its prime location offers easy access to major freeways (CA-41 and CA-168 are within a two-mile radius), placing it within a large daytime population base (approximately 433,667 people within five miles). The building features multiple entrance points, excellent visibility, and is surrounded by quality tenants. Separately metered utilities contribute to energy efficiency. Built in 1978, the property is zoned RM-1 (Office Use Allowed), making it suitable for a variety of professional uses. The high-traffic location near the Shaw Avenue retail corridor provides excellent exposure and proximity to numerous national and local retailers. Exterior improvements include 20+ outdoor LED lights and upgraded landscaping.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $528,301
    6.5%
    $487,662
    7%
    $452,829
  • Comparable approach

    Method
    Valuation
    Relative Method
    $353,929
    Geo Method
    $671,336
  • Alternative Use

    Use
    Valuation
    Residential
    $604,701
    Hospitality
    $553,903
    Educational
    $460,841
    Medical
    $476,690
    Retail
    $716,864
4685 Cedar Ave, Fresno, California

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.803
Longitude
-119.755
CBSA code
23420
CBSA name
FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,023
$97,758
$285,919
$383,677
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