5672 Kings Canyon RdFresno, CA 93727
- Retail properties
- 7,495 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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