1300 Fresno StFresno, CA 93703

Property Details for 1300 Fresno St

Year built

1961

Construction

TILT-UP CONCRETE

Lot size

2.75 AC

Property size (Sq ft)

39,713 SF

Zone code

RM1

Property type

Medical offices

Property subtype

Medical centers

APN

451-232-01

APU

45123201

Description

This exceptional 8,579-square-foot medical office building in Fresno, California, presents a unique investment opportunity. Located at 1300 N. Fresno St, 93703, this multi-tenant property offers immediate occupancy with the entire building currently vacant. The building is conveniently situated just south of McKinley Avenue and San Joaquin Memorial High School, providing excellent visibility and accessibility. Its proximity to downtown Fresno and Community Medical Center further enhances its desirability. The property boasts easy access to freeways 180 and 41, ensuring convenient commutes for both patients and staff. Three suites are available, ranging from a minimum of 2,160 square feet to a maximum contiguous space of 3,735 square feet, offering flexibility for various medical practices. An on-site pharmacy adds significant value and convenience. This property is ideal for medical professionals seeking a well-located, spacious, and readily available office space in a thriving Fresno community. The building's total square footage is 8,579 square feet, located in Fresno County.

• CAP approach

  CAP return

  Valuation

  6%

  $5,629,965

  6.5%

  $5,196,891

  7%

  $4,825,684

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,273,496

  Geo Method

  $11,076,353

• Alternative Use

  Use

  Valuation

  Residential

  $6,444,144

  Hospitality

  $5,902,802

  Educational

  $4,911,062

  Medical

  $5,079,961

  Retail

  $7,639,430

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.7599

Longitude

-119.781

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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