6770 Blackstone AveFresno, CA 93710

Property Details for 6770 Blackstone Ave

Year built

2004

Construction

WOOD

Lot size

1.04 AC

Property size (Sq ft)

13,264 SF

Zone code

CMX

Property type

Retail properties

Property subtype

Auto shops

APN

408-021-23

APU

40802123

Description

This exceptional 4,900 square foot commercial property, situated at 6770 N. Blackstone Avenue in Fresno, California, presents a unique opportunity for businesses seeking versatile space. The property is categorized as Retail, Office, and Industrial, offering a flexible layout suitable for a variety of uses including traditional office, warehouse, flex space, or distribution. Its single-tenant occupancy ensures exclusive use and control. The building's adaptable design allows for customization to meet specific operational needs. This prime location in Fresno offers excellent access to major transportation routes, enhancing logistical efficiency for businesses involved in distribution or requiring convenient commutes for employees. A special incentive is available for the first six months of a five-year lease, offering a significant cost advantage. The attractive rental rate of $1.00 per square foot during this initial period represents a substantial savings opportunity. This property is ideal for a company seeking a cost-effective and strategically located space to establish or expand its operations. The combination of flexible space, prime location, and attractive lease terms makes this an exceptional opportunity not to be missed. Interested parties are encouraged to inquire promptly to secure this desirable property.

• CAP approach

  CAP return

  Valuation

  6%

  $4,279,540

  6.5%

  $3,950,344

  7%

  $3,668,177

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,914,911

  Geo Method

  $9,322,645

• Alternative Use

  Use

  Valuation

  Residential

  $3,332,264

  Hospitality

  $3,052,336

  Educational

  $2,539,507

  Medical

  $2,626,845

  Retail

  $3,950,344

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.837

Longitude

-119.789

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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