1105 Spruce AveFresno, CA 93720

Property Details for 1105 Spruce Ave

Year built

2005

Construction

WOOD

Lot size

1.65 AC

Property size (Sq ft)

26,662 SF

Zone code

O

Property type

Healthcare properties

Property subtype

Medical offices

APN

404-040-48

APU

40404048

Description

The Medical Plaza at 1105 E Spruce Ave, Fresno, CA, offers a 2,875 sq ft medical office space for lease within a larger 26,662 sq ft building. Built in 2005, this two-story building is situated on 1.65 acres of land and boasts a convenient 4:1,000 parking ratio. The property is zoned O and features a multi-tenant occupancy. Located in Fresno County, CA, with a Fresno address and zip code 93720, this property enjoys a prime location in the St. Agnes Medical District, providing easy access to other medical facilities and a thriving healthcare community. The available space is a turn-key, built-out, ADA-accessible medical office, suitable for various medical specialties. The property's Assessor's Parcel Number (APN) is 404-040-48. The cross street is N Millbrook. This exceptional opportunity presents a ready-to-occupy space in a high-demand medical area. The building's total square footage is 26,662, with 2,875 square feet currently vacant. This space is ideal for medical professionals seeking a well-located, functional, and accessible office environment.

• CAP approach

  CAP return

  Valuation

  6%

  $5,851,914

  6.5%

  $5,401,767

  7%

  $5,015,926

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,920,427

  Geo Method

  $7,436,298

• Alternative Use

  Use

  Valuation

  Residential

  $6,698,192

  Hospitality

  $6,135,507

  Educational

  $5,104,670

  Medical

  $5,280,228

  Retail

  $7,940,598

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.8396

Longitude

-119.763

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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