5104 Blythe AveFresno, CA 93722

Property Details for 5104 Blythe Ave

Year built

1998

Construction

TILT-UP CONCRETE

Lot size

3.13 AC

Property size (Sq ft)

51,264 SF

Zone code

RMX

Property type

Office properties

Property subtype

Office buildings

APN

509-091-37S

APU

50909137S

Description

This exceptional Fresno, CA office complex offers 77,176 square feet across two buildings situated on approximately 7.32 acres. Building A, a 51,264 square foot, two-story Class A office building constructed in 1998, is currently vacant and features elevator service and ample power. It's easily divisible to accommodate various tenant needs. Building B, a 25,912 square foot office/flex building constructed in 1989, is 85% occupied by two credit tenants with leases expiring in 2025 and 2027, offering immediate availability of approximately 3,600 square feet. The entire property, encompassing three parcels with abundant parking, is zoned RMX and presents a unique opportunity for sale or lease, either individually or as a whole. The property boasts a prime location along the west Shaw corridor in northwest Fresno, with addresses at 5104 N. Blythe Avenue and 5168 N. Blythe Avenue, zip code 93722. The complex is ideal for businesses seeking a high-profile presence in a thriving area. This multi-tenant property offers significant potential for investors and businesses alike. The property's location in Fresno County, California, provides easy access to major transportation routes and amenities. The buildings are four stories each. APN numbers are 509-091-37S & 509-091-36S, 509-091-30S.

• CAP approach

  CAP return

  Valuation

  6%

  $11,251,689

  6.5%

  $10,386,175

  7%

  $9,644,305

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,537,948

  Geo Method

  $14,298,042

• Alternative Use

  Use

  Valuation

  Residential

  $12,878,857

  Hospitality

  $11,796,963

  Educational

  $9,814,935

  Medical

  $10,152,486

  Retail

  $15,267,677

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.8104

Longitude

-119.87

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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