1260 M StFresno, CA 93721

Property Details for 1260 M St

Year built

1975

Construction

TILT-UP CONCRETE

Lot size

0.52 AC

Property size (Sq ft)

22,250 SF

Zone code

DTG

Property type

Office buildings

APN

466-113-07

APU

46611307

Description

1260 M Street in Fresno, California, presents a unique opportunity for businesses seeking executive office space or retail storefront locations. This centrally located property boasts a total of 21,526 square feet, currently entirely vacant and available for lease. The building is ideally situated in downtown Fresno, offering convenient proximity to the Fresno County Courthouse, ensuring easy access for legal professionals and those needing frequent courthouse visits. The space is divisible, with a minimum leasable area of 10,540 square feet and a maximum contiguous space of 10,986 square feet, providing flexibility for various business needs and sizes. The property is classified as both retail and office, making it suitable for a wide range of commercial uses. The address is 1260 M Street, Fresno, CA 93721. This presents a rare chance to secure a substantial and well-positioned commercial space in a thriving downtown area. The building's size and central location make it an attractive option for businesses seeking high visibility and convenient access to essential services and amenities. The flexible floor plan allows for customization to meet specific tenant requirements. Interested parties are encouraged to inquire for further details and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $3,154,300

  6.5%

  $2,911,662

  7%

  $2,703,686

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,954,582

  Geo Method

  $6,205,748

• Alternative Use

  Use

  Valuation

  Residential

  $3,610,460

  Hospitality

  $3,307,162

  Educational

  $2,751,520

  Medical

  $2,846,149

  Retail

  $4,280,142

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.739

Longitude

-119.79

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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