7033 Fresno StFresno, CA 93720

  • Healthcare properties
  • 31,439 SF
For Lease

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
Healthcare properties
Property subtype
Medical offices
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
7033 Fresno St, Fresno, California

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

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
$78,847
$1,400,000
$5,100,000
$6,500,000
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-
-
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FAQs

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