20937 Malsbary StRiverdale, CA 93656

  • Retail space
  • 7,770 SF

Property Details for 20937 Malsbary St

Year built
1957
Construction
TILT-UP CONCRETE
Lot size
0.24 AC
Property size (Sq ft)
7,770 SF
Zone code
C4
Property type
Retail space
APN
053-317-13
APU
5331713

Description

This exceptional 7,770 square foot commercial retail space is available for lease in the thriving Riverdale community. Situated on a 0.24-acre lot at 20937 S Malsbary Street, this property boasts a prime location with unparalleled visibility and high traffic volume, making it perfect for a wide range of businesses. The surrounding area is densely populated and features a diverse mix of amenities, including a bank, gas station, apartment complexes, an auto repair shop, supermarket, schools, churches, party halls, and car dealerships. This ensures a steady stream of potential customers and a strong local market. The property's size and location offer significant opportunities for businesses seeking a prominent presence in a vibrant and convenient neighborhood. The lease terms are designed for ease and flexibility, making this an attractive option for entrepreneurs and established businesses alike. Don't miss this chance to secure a retail space in a high-demand area with exceptional potential for growth and success. Inquire today to learn more about lease terms and availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,619,240
    6.5%
    $1,494,684
    7%
    $1,387,920
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,600,085
    Geo Method
    $5,461,170
  • Alternative Use

    Use
    Valuation
    Residential
    $1,260,822
    Hospitality
    $1,154,906
    Educational
    $960,868
    Medical
    $993,914
    Retail
    $1,494,684

Location Insight

City
Riverdale
County
Fresno
State
California
Latitude
36.4315
Longitude
-119.862
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
$3,567
$43,744
$284,347
$328,091
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FAQs

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