4750 Commerce AveFresno, CA 93725

  • Office properties
  • 2,160 SF
For Lease
$221,770.56/SF/YR View listing

Property Details for 4750 Commerce Ave

Year built
2002
Construction
WOOD
Lot size
13.24 AC
Property size (Sq ft)
2,160 SF
Zone code
IH
Property type
Office properties
Property subtype
Office buildings
APN
487-042-36S
APU
48704236S

Description

This exceptional 8.4-acre industrial property, located in South Fresno, presents a compelling leasing opportunity. Situated off Maple Avenue, between Jensen Avenue and North Avenue, this strategically positioned lot offers convenient access to Highway 99, ensuring seamless transportation and logistics. The property is zoned IH, providing flexibility for a variety of industrial uses. The lot size is ideal for businesses requiring ample space for operations, storage, or expansion. Currently available for sublease, this single-tenancy property provides a unique opportunity for a business seeking a well-located and sizable industrial space. The Fresno County Assessor's Parcel Number (APN) is 487-042-36S. Note that a rent escalation of $19,035.31 is scheduled for September 1st, 2024. This property is perfect for businesses seeking a substantial footprint in a thriving industrial area with excellent freeway access. Serious inquiries are encouraged to explore this prime South Fresno location. The property's size and location make it an attractive option for companies needing significant space and convenient transportation links. This is a rare opportunity to secure a substantial industrial property in a desirable area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $306,215
    6.5%
    $282,660
    7%
    $262,470
  • Comparable approach

    Method
    Valuation
    Relative Method
    $286,827
    Geo Method
    $602,446
  • Alternative Use

    Use
    Valuation
    Residential
    $350,499
    Hospitality
    $321,055
    Educational
    $267,114
    Medical
    $276,300
    Retail
    $415,510
4750 Commerce Ave, Fresno, California

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.6972
Longitude
-119.738
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
$19,072
$1,324,484
$105,117
$1,429,601
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