7497 Blackstone AveFresno, CA 93720
- Retail properties
- 66,819 SF
Property Details for 7497 Blackstone Ave
- Year built
- 2000
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.82 AC
- Property size (Sq ft)
- 66,819 SF
- Zone code
- CR
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 303-670-01
- APU
- 30367001
Description
This exceptional retail opportunity encompasses approximately 36,725 square feet of prime commercial space, ideally situated at 7497 N. Blackstone Avenue in Fresno, California's River Park Crossings Shopping Center, within Fresno County. The property is classified as a single-tenant retail space within a larger shopping center. The building's total square footage is substantial, offering ample room for a variety of retail uses. In addition to the main floor space, there is also a 1,000 square foot mezzanine level, providing additional versatility and potential for various operational needs. The property's location in the River Park Crossings Shopping Center offers excellent visibility and accessibility, benefiting from high foot traffic and convenient access for customers. The precise zip code for this location is 93720. This property presents a significant opportunity for businesses seeking a large, well-located retail space in a thriving Fresno commercial area. The property's size and location make it suitable for a wide range of retail concepts. Further details regarding lease terms and conditions are available upon request. This is a single-tenant space, offering a unique opportunity for a business to establish a strong presence in a high-traffic area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $21,558,698
- 6.5%
- $19,900,338
- 7%
- $18,478,884
-
Comparable approach
- Method
- Valuation
- Relative Method
- $24,759,458
- Geo Method
- $46,963,948
-
Alternative Use
- Use
- Valuation
- Residential
- $16,786,680
- Hospitality
- $15,376,508
- Educational
- $12,793,074
- Medical
- $13,233,048
- Retail
- $19,900,338
Location Insight
- City
- Fresno
- County
- Fresno
- State
- California
- Latitude
- 36.8455
- Longitude
- -119.793
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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