1237 Blackstone AveFresno, CA 93703

Property Details for 1237 Blackstone Ave

Year built

1936

Construction

TILT-UP CONCRETE

Lot size

0.12 AC

Property size (Sq ft)

3,600 SF

Zone code

NMX

Property type

Retail properties

Property subtype

Retail space

APN

451-285-06

APU

45128506

Description

This single-story, 1936-built commercial building offers a unique opportunity for a business seeking high visibility and convenient access. Located on Blackstone Avenue, just north of Olive Avenue in Fresno County, this Traditional Office space boasts a prime location directly across from a Rite Aid and McDonald's, ensuring high foot traffic and brand recognition. The building is zoned NMX and features approximately [Size - information not provided] square feet of usable space. The interior includes two restrooms, a shower, and a large kitchen, providing ample convenience for employees and clients. The property's single-tenancy setup offers a streamlined and efficient workspace. Utilities are simplified with water and sewer included in the rent. Furthermore, its proximity to Freeway 41 ensures easy access for commuters and clients throughout the Fresno area. The building's prominent location and practical amenities make it an ideal space for a variety of businesses. The APN is 451-285-06. This is a rare opportunity to secure a well-situated, functional commercial space in a high-traffic area of Fresno.

• CAP approach

  CAP return

  Valuation

  6%

  $750,227

  6.5%

  $692,518

  7%

  $643,052

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,204,672

  Geo Method

  $2,530,272

• Alternative Use

  Use

  Valuation

  Residential

  $584,164

  Hospitality

  $535,091

  Educational

  $445,190

  Medical

  $460,501

  Retail

  $692,518

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.7585

Longitude

-119.791

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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