Corner-Lot Restaurant
For Sale
$250,000
1011 N Fresno Street, Fresno, CA 93701
Freestanding restaurant property with perimeter fencing and on-site parking for customers, employees, or tenants.
Property Size1,144 SF
Price / SF$218.53
Days on Market50
Property Features for 1011 N Fresno Street
General Information
Standard status
Active
Size
1,144 SF
Total Parking Spaces
7
Property subtype
Commercial/Industrial
Additional Details
Corner Location
Yes
Amenities
secure perimeter fence
Building Details
Year Built
1964
Listing Agency:
3D Realty
(559) 224-7867
Listed By:
Marilena J. Sucilla · License #DRE #02237622
(559) 304-5551
Source:
Exitrealty
Added: Sep 3
Changed: Sep 5
Last Checked: Sep 15 at 4:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 3D Realty
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Investment Insights
Based on property information with market context.
This restaurant-oriented commercial building contains approximately 1,144 square feet and was constructed in 1964. The property is positioned on a corner lot and includes a secure perimeter fence, providing defined boundaries around the site. Approximately 7 parking spaces serve the building, supporting access for customers, employees, or tenants.
Located at 1011 N Fresno Street in Fresno, California, the property is offered for sale in its existing As-Is condition. Its building format, corner placement, parking, and enclosed site configuration provide a straightforward commercial property offering for restaurant use.
Located at 1011 N Fresno Street in Fresno, California, the property is offered for sale in its existing As-Is condition. Its building format, corner placement, parking, and enclosed site configuration provide a straightforward commercial property offering for restaurant use.
Key Highlights
- Approximately 1,144 square feet of building area
- Restaurant‑oriented commercial building on a corner lot
- Approximately 7 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,485
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,700
$309.7K
Cap Rate 7%
$221,214
$221.2K
Cap Rate 9%
$172,056
$172.1K
Market Conditions
NOI Build-Up for 1,144 SF
Gross rent
$22.0K $19.20/SF
− Vacancy
−$1.3K −$1.15/SF
EGI
$20.6K $18.05/SF
− OpEx
−$5.2K −$4.51/SF
NOI
$15.5K $13.54/SF
Area
Fresno, CA
Vacancy
6.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,700
Cap Rate 7%
$221,214
Cap Rate 9%
$172,056
Alternative Uses
Best Use
Specialty Retail
$221.2K
$193.6K – $258.1K
NOI $15,485 @ 7.0% cap · market cap 6.19%
Second Best
Retail
$191.5K
$167.6K – $223.4K
NOI $13,405 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$337.1K
$295.0K – $393.3K
NOI $23,598 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,145
Businesses Nearby
125k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Groceries 30%
Shops & Services 23%
Home Improvements & Furnishings 2%
FoodMaxx
Groceries
37,943 visits/mo
0.2 miles
ARCO
Shops & Services
15,489 visits/mo
0.2 miles
Panda Express
Dining
10,965 visits/mo
0.2 miles
Burger King
Dining
10,942 visits/mo
0.2 miles
Rally's
Dining
9,114 visits/mo
0.3 miles
Demographics for 93701, CA
12,037
Population
3,836
Households
3.1
Avg Household Size
28
Median Age
7%
College-Educated
48%
High-School Grad
1.5 sq mi
ZIP Area
8,025
Density / Sq Mi
$32,192
Median Household Income
$26,875
Median Earnings
$926
Median Rent
$207,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant property with perimeter fencing and on-site parking for customers, employees, or tenants.
Where is this conventional restaurant located?
The property is located at 1011 N Fresno Street Fresno, CA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Approximately 1,144 square feet of building area; Restaurant‑oriented commercial building on a corner lot; Approximately 7 parking spaces
