30 Herndon AveFresno, CA 93720

Property Details for 30 Herndon Ave

Year built

1978

Construction

TILT-UP CONCRETE

Lot size

2.65 AC

Property size (Sq ft)

29,955 SF

Zone code

C6

Property type

Community centers

APN

303-170-54

APU

30317054

Description

Riverpoint Shopping Center offers exceptional retail leasing opportunities in Fresno, California. Located at 30 E Herndon Ave, at the northeast corner of Blackstone and Herndon Avenues, this shopping center presents four available spaces, ranging from 1,050 square feet to 2,100 square feet. Spaces 5 through 8 are particularly noteworthy, offering the flexibility of individual leasing or a combined total of approximately 5,520 square feet. This prime location within Fresno County provides excellent visibility and accessibility for businesses seeking a thriving retail environment. The property is categorized as a multi-tenant shopping center, ideal for a variety of retail concepts. The address is precisely 30-32 E. Herndon Ave, Fresno, CA 93720. This presents a unique chance to establish or expand a retail presence in a high-traffic area of Fresno. The property's convenient location and flexible space options make it an attractive proposition for businesses of various sizes and types. Interested parties are encouraged to inquire about lease terms and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $9,664,778

  6.5%

  $8,921,334

  7%

  $8,284,096

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,099,681

  Geo Method

  $21,053,968

• Alternative Use

  Use

  Valuation

  Residential

  $7,525,479

  Hospitality

  $6,893,298

  Educational

  $5,735,143

  Medical

  $5,932,384

  Retail

  $8,921,334

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.8381

Longitude

-119.789

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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