1368 Church AveSanger, CA 93657

  • Retail space
  • 15,450 SF
For Sale
$895,000 View listing

Property Details for 1368 Church Ave

Year built
1962
Construction
TILT-UP CONCRETE
Lot size
1.78 AC
Property size (Sq ft)
15,450 SF
Zone code
C2
Property type
Retail space
APN
317-210-11
APU
31721011

Description

This exceptional 15,450-square-foot retail building is situated at 1368 Church Avenue in Sanger, California, 93657. The property boasts a convenient location off Academy Avenue, a major thoroughfare in Northeast Sanger, with high visibility due to its stand-alone design and pylon signage. The building, constructed in 1962, is a single-story Class B structure situated on a 1.78-acre lot (APN 317-210-11, Fresno County). The entire 15,450 square feet is currently vacant and available for a single tenant. Ample parking is available for customers and employees. The property is zoned C-2. Its strategic location benefits from high traffic counts, with 29,692 vehicles daily traversing the nearby 180 Freeway. Across the street lies a grocery-anchored center, and the area is densely populated with other national and local retailers, including McDonald's, CVS, Starbucks, Les Schwab Tire, Dutch Bros, and Sonic. This presents a unique opportunity for a business seeking high visibility and convenient access in a thriving retail corridor. The property offers significant potential for a variety of retail uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,219,725
    6.5%
    $2,972,054
    7%
    $2,759,764
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,170,053
    Geo Method
    $10,859,082
  • Alternative Use

    Use
    Valuation
    Residential
    $2,507,039
    Hospitality
    $2,296,434
    Educational
    $1,910,606
    Medical
    $1,976,315
    Retail
    $2,972,054

Location Insight

City
Sanger
County
Fresno
State
California
Latitude
36.714
Longitude
-119.558
CBSA code
23420
CBSA name
FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,561
$270,000
$100,000
$370,000
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-
-
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