2816 Blackstone AveFresno, CA 93703

  • Healthcare properties
  • 3,327 SF
For Sale
$535,000 View listing

Property Details for 2816 Blackstone Ave

Year built
1959
Construction
WOOD
Lot size
0.27 AC
Property size (Sq ft)
3,327 SF
Zone code
RS5
Property type
Healthcare properties
Property subtype
Medical offices
APN
445-103-23
APU
44510323

Description

This exceptional commercial building, located at 2816 N Blackstone Ave in Fresno, California, presents a lucrative investment opportunity. The property boasts a total of approximately 3,430 square feet of net rentable space within a larger building footprint situated on approximately 11,761 square feet of land. The asking price is $535,000, translating to approximately $156 per square foot. Key features include a fenced covered courtyard, ample parking, and an outdoor patio, enhancing both functionality and aesthetic appeal. The property's central location offers convenient access to Fresno City College, Freeway 41, and the Manchester Center, ensuring high visibility and accessibility. The property's estimated cap rate is approximately 6.45%. The Assessor's Parcel Number (APN) is 445-103-23. This property is ideal for a variety of commercial uses and represents a strong investment opportunity in a thriving Fresno location. The building's size and features make it suitable for a range of businesses seeking a well-maintained and conveniently located space. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $672,859
    6.5%
    $621,101
    7%
    $576,736
  • Comparable approach

    Method
    Valuation
    Relative Method
    $479,299
    Geo Method
    $927,934
  • Alternative Use

    Use
    Valuation
    Residential
    $770,165
    Hospitality
    $705,467
    Educational
    $586,940
    Medical
    $607,126
    Retail
    $913,018
2816 Blackstone Ave, Fresno, California

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.7762
Longitude
-119.79
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
$2,920
$122,329
$96,574
$218,903
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FAQs

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