5672 Kings Canyon RdFresno, CA 93727

  • Retail properties
  • 7,495 SF
For Sale
$2,225,000 View listing

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
Retail properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
5672 Kings Canyon Rd, Fresno, California

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

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
$14,922
$624,880
$541,561
$1,166,441
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].