4696 Kings Canyon RdFresno, CA 93702

Property Details for 4696 Kings Canyon Rd

Year built

1951

Construction

WOOD

Lot size

0.29 AC

Property size (Sq ft)

4,696 SF

Zone code

CMX

Property type

Medical offices

Property subtype

Medical centers

APN

470-082-28

APU

47008228

Description

This exceptional commercial property, located at 4696 E Kings Canyon Road in Fresno, California, presents a unique investment opportunity. The building encompasses 2,227 square feet of versatile space, ideal for a variety of commercial uses. Situated on a sizable 0.29-acre lot, the property offers ample room for expansion, parking, or outdoor operations. The asking price is $250,000. The property's address is easily accessible from major roadways, ensuring high visibility and convenient access for customers and employees. The building's current configuration is described as "Other," allowing for considerable flexibility in its future use and potential for customization to meet specific business needs. Given its size, location, and price point, this property represents a compelling opportunity for entrepreneurs and investors seeking a foothold in the thriving Fresno commercial market. The property's potential is further enhanced by its location within a dynamic and growing area of Fresno, offering excellent prospects for long-term appreciation and strong rental income. Serious inquiries are encouraged to explore the possibilities of this versatile commercial property. Further details regarding the property's zoning and permitted uses are available upon request. This is a rare opportunity to acquire a well-positioned commercial property in a desirable Fresno location at an attractive price.

• CAP approach

  CAP return

  Valuation

  6%

  $665,735

  6.5%

  $614,524

  7%

  $570,630

• Comparable approach

  Method

  Valuation

  Relative Method

  $623,583

  Geo Method

  $1,309,761

• Alternative Use

  Use

  Valuation

  Residential

  $762,010

  Hospitality

  $697,997

  Educational

  $580,725

  Medical

  $600,697

  Retail

  $903,351

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.7356

Longitude

-119.741

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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