9169 Whites Bridge AveFresno, CA 93706
- Retail properties
- 12,856 SF
Property Details for 9169 Whites Bridge Ave
- Year built
- 1972
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 3.31 AC
- Property size (Sq ft)
- 12,856 SF
- Zone code
- AE20
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 025-320-20
- APU
- 2532020
Description
This exceptional 14.16-acre property in Fresno County, California, presents a compelling investment opportunity with significant future development potential. Located at 9169 W Whitesbridge Ave, Fresno, CA 93706, the land boasts over 450 feet of frontage on Highway 180, a major thoroughfare with an estimated daily traffic count of 14,800-15,600 vehicles. The property includes two sources of water. Currently, the site features 10.85 acres of mature Thompson seedless grapevines, a recently remodeled (2023) 1,200 square foot rental home with a tenant under a year lease, and two large metal shops totaling 11,000 square feet (7,800 sq ft and 3,200 sq ft), also rented to a single tenant. A roughly 1.3-acre storage yard behind the shops is included and currently utilized by the tenant. The property is zoned AE-20, Ag Rural Exclusive. APN numbers are 025-032-20 (not enrolled in Williamson Act) and 025-320-19 (enrolled in Williamson Act). The asking price is $2,850,000. Given its high visibility and substantial size, this location is ideal for various commercial developments, including a potential truck stop or EV charging station.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,679,145
- 6.5%
- $2,473,057
- 7%
- $2,296,410
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,302,020
- Geo Method
- $9,035,881
-
Alternative Use
- Use
- Valuation
- Residential
- $2,086,116
- Hospitality
- $1,910,871
- Educational
- $1,589,822
- Medical
- $1,644,499
- Retail
- $2,473,057
Location Insight
- City
- Fresno
- County
- Fresno
- State
- California
- Latitude
- 36.7346
- Longitude
- -119.956
- 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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