1721 Van Ness AveFresno, CA 93721

Property Details for 1721 Van Ness Ave

Year built

1965

Construction

TILT-UP CONCRETE

Lot size

0.24 AC

Property size (Sq ft)

10,500 SF

Zone code

DTN

Property type

Office properties

Property subtype

Office buildings

APN

466-134-06

APU

46613406

Description

This exceptional 10,500-square-foot freestanding office building in Fresno, California, presents a unique investment opportunity. Located at 1721 Van Ness Avenue, zip code 93721, this single-tenant property boasts a highly adaptable, open floor plan, making it suitable for a wide range of businesses. The building's traditional office style provides a classic and professional atmosphere. A significant advantage is the inclusion of a secure, fenced parking lot with 33 spaces, conveniently located adjacent to the building, ensuring ample parking for employees and clients. Situated in Fresno County, this property offers easy access to major transportation routes and local amenities. The building's size and layout provide flexibility for customization to meet specific business needs. This is an ideal opportunity for a business seeking a substantial, well-maintained office space with convenient parking in a desirable Fresno location. The property is categorized as a traditional office building and is available as a single-tenant occupancy. The address is verified as 1721 Van Ness Ave, Fresno, CA.

• CAP approach

  CAP return

  Valuation

  6%

  $1,488,546

  6.5%

  $1,374,043

  7%

  $1,275,897

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,394,297

  Geo Method

  $2,928,555

• Alternative Use

  Use

  Valuation

  Residential

  $1,703,813

  Hospitality

  $1,560,683

  Educational

  $1,298,470

  Medical

  $1,343,127

  Retail

  $2,019,843

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.7417

Longitude

-119.797

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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