1907 Olive AveFresno, CA 93701

  • Warehouses
  • 11,048 SF
For Lease
$4.80/SF/YR View listing

Property Details for 1907 Olive Ave

Year built
1935
Construction
WOOD
Lot size
0.69 AC
Property size (Sq ft)
11,048 SF
Zone code
CMX
Property type
Warehouses
APN
451-296-39
APU
45129639

Description

This highly visible, freestanding industrial building, located on Olive Avenue east of Blackstone Avenue, offers 15,886 square feet of space on a 30,056 square foot lot. Built in 1935, this single-story structure is zoned NMX and features a secure iron gate. The property boasts a versatile layout including two offices, three restrooms, and a sizable retail/showroom area, in addition to substantial warehouse space. The building is available for lease as a whole at a modified gross rate of $0.40 per square foot per month. This represents a significant opportunity for businesses seeking a prominent location with a blend of office, retail, and warehouse functionality. The property's prominent location and adaptable space make it suitable for a variety of uses. The APN is 451-296-39. This is a rare opportunity to secure a well-positioned, freestanding warehouse in a desirable area. The building's age adds character, while its secure features and ample space provide practical advantages for a diverse range of tenants. The lease rate is attractive, offering a strong return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,792,736
    Hospitality
    $1,642,136
    Educational
    $1,366,238
    Medical
    $1,413,225
    Retail
    $2,125,259

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.7575
Longitude
-119.788
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
2024
$5,370
$210,000
$196,700
$406,700
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