2801 Blackstone AveFresno, CA 93703

Property Details for 2801 Blackstone Ave

Year built

1957

Construction

WOOD

Lot size

0.40 AC

Property size (Sq ft)

6,866 SF

Zone code

RS5

Property type

Office buildings

APN

443-184-20

APU

44318420

Description

This exceptional 6,866 square foot office building is strategically located in Fresno, California, at 2801 N Blackstone Avenue, offering unparalleled convenience and visibility. Situated just off Highway 41, near the intersection of Blackstone and Princeton Avenues, and in close proximity to Manchester Mall, this property enjoys high traffic counts and excellent accessibility. The building boasts nine individual office suites, each thoughtfully designed for optimal functionality and comfort. Each suite includes its own private bathroom, a significant advantage for tenants seeking privacy and convenience. Furthermore, each suite benefits from separately metered utilities, allowing for precise cost control and transparency. Parking is abundant, featuring a combination of covered parking spaces and a large, fenced-in parking area located behind the building, ensuring ample space for tenants and their clients. The diverse range of office suite sizes, encompassing both large and small options, provides exceptional flexibility to accommodate businesses of varying sizes and needs. This makes the property an ideal investment opportunity for a variety of professional uses. The 0.4-acre lot provides ample space and potential for future expansion or development. This property presents a rare opportunity to acquire a well-maintained, highly visible office building in a thriving Fresno location. The combination of prime location, ample parking, and versatile office suites makes this an exceptional investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,388,340

  6.5%

  $1,281,544

  7%

  $1,190,006

• Comparable approach

  Method

  Valuation

  Relative Method

  $989,095

  Geo Method

  $1,914,996

• Alternative Use

  Use

  Valuation

  Residential

  $1,589,115

  Hospitality

  $1,455,621

  Educational

  $1,211,060

  Medical

  $1,252,710

  Retail

  $1,883,870

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.7761

Longitude

-119.791

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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