747 R StFresno, CA 93721

Property Details for 747 R St

Year built

1990

Construction

TILT-UP CONCRETE

Lot size

1.30 AC

Property size (Sq ft)

76,700 SF

Zone code

DTG

Property type

Office properties

APN

468-163-06

APU

46816306

Description

This exceptional Class A office building, located in Downtown Fresno's vibrant core, offers 73,737 square feet of modern workspace. The property boasts a convenient on-site food court and features recently completed renovations (2022). Multiple suites are available, ranging from a minimum of 10,746 square feet to a maximum contiguous space of 26,290 square feet, with 38,691 square feet currently vacant. The two-story building includes elevators and is situated on a 1.3-acre lot (APN 468-163-06, Fresno County). The building benefits from easy highway access and features a high-end, efficient design. The City of Fresno occupies the entire second floor. Zoned DTG (Downtown General), this property presents a unique opportunity for businesses seeking a prime location in a thriving urban environment. The modern design and amenities create an attractive and productive work environment. This is a turnkey solution for businesses seeking immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $10,873,475

  6.5%

  $10,037,054

  7%

  $9,320,122

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,185,007

  Geo Method

  $21,392,398

• Alternative Use

  Use

  Valuation

  Residential Income

  $12,445,947

  Hospitality / Lodging

  $11,400,421

  Institutional / Educational

  $9,485,016

  Healthcare / Senior Housing

  $9,811,220

  Retail / Commercial

  $14,754,469

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.7371

Longitude

-119.78

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].