5751 Elm AveFresno, CA 93706

  • Retail properties
  • 7,440 SF
For Sale
$1,000,000 View listing

Property Details for 5751 Elm Ave

Year built
1982
Construction
WOOD
Lot size
0.58 AC
Property size (Sq ft)
7,440 SF
Zone code
C4
Property type
Retail properties
Property subtype
Turn key restaurants
APN
334-190-79
APU
33419079

Description

This 7,440 square foot retail shopping center, located at 5751 S. Elm Ave in Fresno, California (zip code 93706), presents a compelling investment opportunity. Situated at the southwest corner of Frantz and Elm Avenues in Easton, this property features five retail spaces currently occupied by a diverse mix of tenants, including Quickaroo (2,000 sq ft, month-to-month lease), Subway (1,000 sq ft, lease expiring in 2028), West America (1,340 sq ft, lease expiring in 2025), and a donut shop (2,000 sq ft, month-to-month lease). One 1,000 sq ft space is currently vacant. Current rental income is below market value, offering a significant opportunity for increased profitability through rent adjustments and conversion to triple net leases. The property's Assesor's Parcel Number (APN) is 334-190-79. This well-located retail center is priced at $1,000,000 and represents a strong addition to any investment portfolio. The property is categorized as a retail shopping center. This is a prime opportunity to acquire a well-positioned retail property with substantial upside potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,550,470
    6.5%
    $1,431,203
    7%
    $1,328,974
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,489,656
    Geo Method
    $5,229,228
  • Alternative Use

    Use
    Valuation
    Residential
    $1,207,273
    Hospitality
    $1,105,856
    Educational
    $920,059
    Medical
    $951,701
    Retail
    $1,431,203
5751 Elm Ave, Fresno, California

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.652
Longitude
-119.791
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
$4,663
$61,753
$351,870
$413,623
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].