5677 Fresno StFresno, CA 93710

Property Details for 5677 Fresno St

Year built

1985

Construction

WOOD

Lot size

0.45 AC

Property size (Sq ft)

5,060 SF

Zone code

RM1

Property type

Healthcare properties

Property subtype

Medical offices

APN

418-520-39

APU

41852039

Description

This exceptional investment opportunity presents a four-building medical and general office complex ideally situated at 5677-5731 N. Fresno Street in Fresno, California. The property encompasses a total of 18,420 square feet, spread across four single-story buildings, each situated on its own separate parcel (APN: 418-520-36, 37, 38, 39). Built in 1985, this complex is zoned O and sits on a 1.57-acre lot, offering ample parking for tenants and visitors. The asking price is $3,040,000, translating to $165.04 per square foot. Its prime location provides convenient access to Freeway 41, enhancing accessibility for both employees and clients. Furthermore, the property benefits from its proximity to a wealth of amenities, including various banking institutions, restaurants, and shopping centers. The strategic location near St. Agnes Hospital, Fresno Surgical Hospital, and Kaiser Hospital makes this complex particularly attractive to medical professionals and related businesses. This presents a compelling opportunity for an owner-user seeking a well-established and conveniently located office space. The property's layout and features make it suitable for a variety of uses, offering significant potential for long-term growth and return on investment. The individual building parcels offer flexibility for future development or expansion.

• CAP approach

  CAP return

  Valuation

  6%

  $1,110,595

  6.5%

  $1,025,165

  7%

  $951,939

• Comparable approach

  Method

  Valuation

  Relative Method

  $744,031

  Geo Method

  $1,411,285

• Alternative Use

  Use

  Valuation

  Residential

  $1,271,204

  Hospitality

  $1,164,416

  Educational

  $968,781

  Medical

  $1,002,098

  Retail

  $1,506,992

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.8209

Longitude

-119.782

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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