5640 Fresno StFresno, CA 93710

  • Healthcare properties
  • 6,816 SF
For Lease
$20.40/SF/YR View listing

Property Details for 5640 Fresno St

Year built
1999
Construction
WOOD
Lot size
0.54 AC
Property size (Sq ft)
6,816 SF
Zone code
O
Property type
Healthcare properties
Property subtype
Medical offices
APN
418-371-13
APU
41837113

Description

This exceptional investment opportunity presents 10,360 square feet of vacant medical office space within the prestigious Fresno Browning Office Park. The property comprises six single-story buildings situated conveniently south of Bullard Avenue on North Fresno Street, offering unparalleled access to Highway 41. This prime location provides effortless connectivity to a wealth of amenities, including extensive shopping, banking facilities, diverse dining options, and comfortable lodging accommodations. The available space is highly divisible, with minimum leasable units of 1,073 square feet and a maximum contiguous space of 5,140 square feet, catering to a range of tenant needs. The building boasts a total of 10,117 square feet, offering flexibility for expansion or consolidation. Ample parking is provided, with a generous ratio of 4.3 spaces per 1,000 square feet, ensuring convenient parking for staff and patients. The property is located in Fresno County and presents a unique chance to acquire a well-situated medical office complex in a thriving area. The flexible space options make this an ideal location for a variety of medical practices seeking a modern and accessible workspace. The strategic location and ample parking make this property a highly desirable asset. This is a rare opportunity to secure a significant footprint in a well-established and convenient location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,496,011
    6.5%
    $1,380,933
    7%
    $1,282,295
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,002,236
    Geo Method
    $1,901,050
  • Alternative Use

    Use
    Valuation
    Residential
    $1,712,357
    Hospitality
    $1,568,510
    Educational
    $1,304,982
    Medical
    $1,349,862
    Retail
    $2,029,972
5640 Fresno St, Fresno, California

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.8203
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
$11,873
$323,499
$602,378
$925,877
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FAQs

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