2700 Shaw AveFresno, CA 93711
- Retail properties
- 39,169 SF
Property Details for 2700 Shaw Ave
- Year built
- 1983
- Construction
- WOOD
- Lot size
- 4.00 AC
- Property size (Sq ft)
- 39,169 SF
- Zone code
- CMX
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 415-052-49S
- APU
- 41505249S
Description
This exceptional 38,427 square foot retail center, located at 2700-2784 W. Shaw Avenue in Fresno, California (93711), presents a unique investment opportunity. Built in 1983, the property sits on a 4-acre lot and boasts excellent visibility and signage opportunities due to its high-traffic location at the intersection of Shaw Avenue and Marks Avenue. The center is comprised of multiple tenancies, with a minimum divisible space of 1,440 square feet and a maximum contiguous space of 4,000 square feet. Current tenants include a diverse mix of established businesses such as Culichi Town Restaurant, Foster's Donuts, Pete's Teriyaki, Ewell's Place, AT&T Wireless, Allstate Insurance, Shila Korean BBQ, Uncle Harry's Bagels, and Dash of Glam Nail Salon. The property benefits from its proximity to major national retailers, including Target, Ross, and Big 5, further enhancing its appeal and drawing significant foot traffic. The property's APN is 415-052-49. This is an ideal opportunity for investors seeking a well-established retail center in a prime Fresno location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $12,637,613
- 6.5%
- $11,665,489
- 7%
- $10,832,240
-
Comparable approach
- Method
- Valuation
- Relative Method
- $14,513,884
- Geo Method
- $27,530,056
-
Alternative Use
- Use
- Valuation
- Residential
- $9,840,277
- Hospitality
- $9,013,640
- Educational
- $7,499,243
- Medical
- $7,757,154
- Retail
- $11,665,489
Location Insight
- City
- Fresno
- County
- Fresno
- State
- California
- Latitude
- 36.8089
- Longitude
- -119.843
- 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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