7033 Fresno StFresno, CA 93720

Property Details for 7033 Fresno St

Year built

2001

Construction

STEEL FRAME

Lot size

1.57 AC

Property size (Sq ft)

31,439 SF

Zone code

O

Property type

Medical offices

Property subtype

Medical centers

APN

303-180-50

APU

30318050

Description

This exceptional Class A medical office building, situated at 7033 N. Fresno St. in Fresno, CA 93720, presents a unique investment opportunity. The property boasts a total of 2,200 square feet, currently configured for multiple tenants. One suite of 4,600 square feet is currently available. The building sits on a sizable 9,380 square foot lot, offering ample space and visibility. Its strategic location at the high-traffic intersection of Herndon and Fresno Streets ensures excellent exposure and accessibility for patients and staff. The building's "A" classification reflects its superior construction, modern amenities, and overall quality. Fresno County provides a strong market for medical services, making this property an attractive investment for both established practices and new ventures seeking a prominent location. The property's multiple tenancy structure offers flexibility and potential for diverse income streams. This is a rare opportunity to acquire a well-positioned, high-quality medical office building in a thriving California market. The property's size and location make it ideal for a variety of medical specialties. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $6,900,395

  6.5%

  $6,369,596

  7%

  $5,914,624

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,622,845

  Geo Method

  $8,768,651

• Alternative Use

  Use

  Valuation

  Residential

  $7,898,298

  Hospitality

  $7,234,799

  Educational

  $6,019,268

  Medical

  $6,226,280

  Retail

  $9,363,305

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.838

Longitude

-119.782

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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