2550 Shaw AveFresno, CA 93711

Property Details for 2550 Shaw Ave

Year built

1985

Construction

WOOD

Lot size

0.91 AC

Property size (Sq ft)

12,399 SF

Zone code

CMX

Property type

Office properties

Property subtype

Office buildings

APN

415-054-01

APU

41505401

Description

This single-story, 19,399-square-foot Class B office building is situated on a 0.91-acre lot at 2550 W. Shaw Ave, Fresno, CA 93711 (APN 415-054-01). The property boasts excellent visibility on Shaw Avenue and features secured subterranean parking, a unique amenity for single-story buildings in this area. The building, landscaping, and parking areas are well-maintained, with no deferred maintenance noted. All HVAC units have been regularly serviced, with some recent replacements. Each unit includes GPS-F24AC sanitizer units. The entrances have undergone CASp inspections, and new sidewalks, ramps, and handrails were installed during renovations in 2015 and 2016. Exterior repainting was completed in 2018. The building is partially furnished, including cubicles, desks, and chairs, which are included in the asking price of $2,600,000 ($134.03/SF). A detailed inventory of furnishings is available upon request. Conveniently located in the West Shaw office market, the property offers easy access to freeways 41 and 99, providing excellent highway connectivity. The surrounding area includes numerous office complexes and retail centers, offering convenient access to banking, shopping, dining, and transportation services. The permitted zoning is CMX. Built in 1985, this is a single-tenant property.

• CAP approach

  CAP return

  Valuation

  6%

  $2,721,397

  6.5%

  $2,512,059

  7%

  $2,332,626

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,823,170

  Geo Method

  $3,458,205

• Alternative Use

  Use

  Valuation

  Residential

  $3,114,953

  Hospitality

  $2,853,280

  Educational

  $2,373,896

  Medical

  $2,455,538

  Retail

  $3,692,726

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.8088

Longitude

-119.839

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].