5660 Fresno StFresno, CA 93710

Property Details for 5660 Fresno St

Year built

1998

Construction

WOOD

Lot size

0.48 AC

Property size (Sq ft)

6,250 SF

Zone code

O

Property type

Medical offices

Property subtype

Medical centers

APN

418-371-11

APU

41837111

Description

This exceptional 6,362-square-foot medical office building presents a compelling investment opportunity in Fresno, California. Located at 5660 N Fresno St, zip code 93710, this single-story property, built in 1996, offers a strategic location just south of Bullard Avenue, providing convenient access to Freeway 41. The asking price is $1,558,690, translating to a price per square foot of $245. The property's prime location benefits from proximity to a wide array of support services, including major shopping centers, banking institutions, diverse food options, and lodging accommodations. This makes it an attractive location for both medical professionals and their patients. The building is part of a larger office park, offering a professional and established environment. This well-situated medical office building represents a strong investment in a thriving Fresno market. The property's size and location make it ideal for a variety of medical practices or as a multi-tenant building. Its convenient access to major transportation routes ensures easy accessibility for patients and staff. This is a rare opportunity to acquire a well-maintained medical office building in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,371,782

  6.5%

  $1,266,261

  7%

  $1,175,814

• Comparable approach

  Method

  Valuation

  Relative Method

  $919,011

  Geo Method

  $1,743,188

• Alternative Use

  Use

  Valuation

  Residential

  $1,570,163

  Hospitality

  $1,438,261

  Educational

  $1,196,616

  Medical

  $1,237,770

  Retail

  $1,861,403

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.8204

Longitude

-119.781

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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