825 Abby StFresno, CA 93701

Property Details for 825 Abby St

Year built

1965

Construction

WOOD

Lot size

0.16 AC

Property size (Sq ft)

2,520 SF

Zone code

NMX

Property type

Office buildings

APN

452-221-03

APU

45222103

Description

This ±2,520 square foot medical office building in Fresno, CA, presents a fantastic investment opportunity. Located at 825 N Abby St, 93701, this single-story, 1965-built property underwent renovations in 2004. The building features two vacant units totaling 1,780 square feet, each with separate meters, and a shared common area with two restrooms. The asking price is $340,000, translating to $191.01 per square foot. The property sits on a 7,150 square foot lot, zoned C-2 (Commercial), offering flexibility for various uses including attorney practices, medical offices, and other professional services. High-quality construction includes block concrete, dual-pane windows, and a newer energy-efficient foam roof. Prominent signage opportunities exist with two large pylon signs and roof-mounted monument signage, ensuring high visibility. Ample parking is available on-site (17 stalls) and on the street. The location boasts excellent freeway access, being within two miles of CA-41 and one mile of CA-168 on/off ramps, and benefits from high daily traffic counts on Cedar Avenue (approximately 1,075,500) and Gettysburg Avenue (approximately 25,015). The property's proximity to downtown Fresno and the Tower District further enhances its appeal. This move-in ready space offers economical square footage and a strong presence in a high-traffic area. The land value is $208.33 per square foot.

• CAP approach

  CAP return

  Valuation

  6%

  $357,251

  6.5%

  $329,770

  7%

  $306,215

• Comparable approach

  Method

  Valuation

  Relative Method

  $334,631

  Geo Method

  $702,853

• Alternative Use

  Use

  Valuation

  Residential

  $408,915

  Hospitality

  $374,564

  Educational

  $311,633

  Medical

  $322,350

  Retail

  $484,762

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.754

Longitude

-119.79

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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