27 Birch AveFresno, CA 93650

Property Details for 27 Birch Ave

Year built

1973

Construction

TYPE NOT SPECIFIED

Lot size

0.22 AC

Property size (Sq ft)

4,000 SF

Zone code

CMX

Property type

Auto shops

APN

303-102-02

APU

30310202

Description

This exceptional investment opportunity presents a 4,000-square-foot warehouse located at 27 E Birch Ave, Fresno, CA 93650, within the desirable Riverpark neighborhood. The property sits on a 9,750-square-foot lot and is currently 100% occupied by a Class A tenant under a Net Lease (NNN) agreement. The current lease provides a stable annual Net Operating Income (NOI) of $60,000, translating to a 6.00% capitalization rate based on the asking price of $1,199,000. The property offers convenient access via N Blackstone Ave and N Abby St. The existing tenant is committed to a new 5-year lease, providing immediate cash flow and long-term stability. However, the new owner has the option to have the current tenant vacate after 60 days of closing or to enter into a new 5-year NNN lease. This prime location, surrounded by thriving businesses, makes this warehouse an attractive investment prospect. The adjacent vacant lot is not included in the sale, and the business operations within the warehouse are not part of the transaction. This is a truly exceptional opportunity to acquire a high-performing industrial asset in a sought-after Fresno location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,290,573

  6.5%

  $1,191,298

  7%

  $1,106,205

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,482,181

  Geo Method

  $2,811,413

• Alternative Use

  Use

  Valuation

  Residential

  $1,004,905

  Hospitality

  $920,487

  Educational

  $765,834

  Medical

  $792,173

  Retail

  $1,191,298

Location Insight

City

Pinedale

County

Fresno

State

California

Latitude

36.8415

Longitude

-119.79

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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