5672 Kings Canyon RdFresno, CA 93727

Property Details for 5672 Kings Canyon Rd

Year built

1977

Construction

WOOD

Lot size

1.45 AC

Property size (Sq ft)

7,495 SF

Zone code

CMX

Property type

Turn key restaurants

APN

474-030-53

APU

47403053

Description

This exceptional commercial property, located at 5672 E Kings Canyon Road in Fresno, California, presents a unique investment opportunity. The 7,495 square foot building sits on a spacious 1.45-acre lot and has a rich history as a successful restaurant. Its prime location within the Fresno community has fostered a loyal customer base over many years, providing a strong foundation for continued success. The substantial size of the building offers ample space for a variety of commercial uses, potentially allowing for expansion or adaptation to suit a new owner's vision. The property's established clientele and proven track record make it an attractive proposition for entrepreneurs seeking to establish or expand their business in the food service industry or other suitable commercial ventures. The building's history as a thriving restaurant provides a solid base for future operations, minimizing the start-up challenges often associated with new businesses. This turnkey opportunity combines a desirable location with a pre-existing customer base, presenting a compelling investment prospect in the vibrant Fresno market. The substantial lot size also offers potential for future development or expansion, adding further value to this already attractive property. The asking price is $2,225,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,561,932

  6.5%

  $1,441,783

  7%

  $1,338,798

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,508,061

  Geo Method

  $5,267,884

• Alternative Use

  Use

  Valuation

  Residential

  $1,216,198

  Hospitality

  $1,114,031

  Educational

  $926,860

  Medical

  $958,737

  Retail

  $1,441,783

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.7356

Longitude

-119.696

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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