1300 Fresno StFresno, CA 93703

  • Healthcare properties
  • 39,713 SF
For Lease
$17.40/SF/YR View listing

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
Healthcare properties
Property subtype
Medical offices
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1300 Fresno St, Fresno, California

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

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
$34,908
$700,000
$2,000,000
$2,700,000
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-
-
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