536 5Th StOrange Cove, CA 93646

Property Details for 536 5Th St

Year built

1946

Construction

WOOD

Lot size

0.28 AC

Property size (Sq ft)

3,048 SF

Zone code

RM15

Property type

Retail space

APN

375-191-17

APU

37519117

Description

This exceptional Orange Cove, CA property at 536 5th Street presents a unique investment opportunity. Priced at $550,000, this 3,865 square foot building sits on an approximately 12,000 square foot lot and is zoned for mixed use, allowing for horizontal or vertical development. Currently operating as a printing business, the building comprises three separate suites, two of which are leased to long-term tenants, occupying approximately 2,065 square feet. A renovated private living quarters is attached to the building, adding to its versatility. The property features ample parking, with approximately 20 spaces alongside the building, plus additional fenced-in parking and storage at the rear. The rear of the building also offers potential for expansion. Renovated in 2020, this property offers flexibility for both commercial and residential uses, making it an ideal investment for a variety of purposes. Located in Fresno County, CA, zip code 93646, this property is ready for its next chapter.

• CAP approach

  CAP return

  Valuation

  6%

  $635,192

  6.5%

  $586,331

  7%

  $544,451

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,019,956

  Geo Method

  $1,460,611

• Alternative Use

  Use

  Valuation

  Residential

  $494,593

  Hospitality

  $453,044

  Educational

  $376,927

  Medical

  $389,890

  Retail

  $586,331

Location Insight

City

Orange Cove

County

Fresno

State

California

Latitude

36.6252

Longitude

-119.311

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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