4491 Shaw AveFresno, CA 93722

Property Details for 4491 Shaw Ave

Year built

1976

Construction

TILT-UP CONCRETE

Lot size

0.15 AC

Property size (Sq ft)

4,130 SF

Zone code

IL

Property type

Office properties

Property subtype

Office buildings

APN

510-050-49

APU

51005049

Description

This exceptional 23,000 square foot retail/office property, situated on a prominent corner of West Shaw and North Blythe Avenues in Fresno, CA (93722), presents a unique owner-user investment opportunity. Built in 1976, the single-story building sits on a 42,312 square foot lot and boasts 45 parking spaces, secured by a gated entry. The property features multiple entry doors and flexible layouts ideal for co-tenancy, catering to a variety of uses permitted under the IL zoning designation. Its prime location offers exceptional visibility and high traffic flow, benefiting from proximity to Highway 99 via the Shaw Avenue on/off ramp, ensuring easy access to Interstate 5. The high daily traffic volume on Shaw Avenue, serving Fresno, California State University Fresno (with approximately 24,234 students in 2024), and Clovis, makes this a highly desirable location. The expansive parking lot accommodates loading and unloading needs, and presents potential for future redevelopment to meet evolving business requirements. The asking price is $2,500,000. APN: 510-050-48/49/50/51. Please do not disturb tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $906,474

  6.5%

  $836,745

  7%

  $776,978

• Comparable approach

  Method

  Valuation

  Relative Method

  $607,282

  Geo Method

  $1,151,898

• Alternative Use

  Use

  Valuation

  Residential

  $1,037,564

  Hospitality

  $950,403

  Educational

  $790,724

  Medical

  $817,918

  Retail

  $1,230,015

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.8078

Longitude

-119.873

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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