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    2304 Monterey St Fresno, CA 93721

    For Sale
    $1,895,000

    Fully leased investment property with long-term tenancy and high traffic.

    Property size:
    15,500 SF
    Lot size:
    0.86 Acres

    Property Features for 2304 Monterey St

    General Information

    Size
    15,500 SF
    Lot size
    0.86 Acres

    Source: KW Commercial | Central California Agent Jared Ennis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Warehouse with Fenced Yard

    This fully leased freestanding office/warehouse property features approximately 15,500 square feet, along with a fenced yard. The property is an absolute-net lease with zero landlord responsibility. The location is considered superior with limited competition in a strategic trade area, offering excellent access to major freeways and close proximity to major traffic generators. The property includes 14,000 square feet of warehouse/parts room space and 1,500 square feet of office space. It features quality construction, is well maintained, and offers economical spaces. The building has clear span construction with a small office and parts room. There are 13 ground-level doors with 16' clear height, along with 6 pull-through truck bays. The property is equipped with heavy 600 AMPS, 3-phase power. City utility services are available. The property is a prime alternative to new construction.
    Location Intelligence

    Current Use by Public Records

    Pombo Automotive & Truck Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    United States Cold Storage - Woodward, Swift Cold Storage, Near2Me Self Storage Units, CubeSmart Self Storage, Allied Van Lines

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.77881
    Latitude
    36.729038

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    FAQs

    What type of property is this?
    Warehouse - Fully leased investment property with long-term tenancy and high traffic.
    Where is this warehouse located?
    The property is located at 2304 Monterey St Fresno, CA.
    What is the asking price?
    The asking price for this property is $1,895,000.
    What are key features of this property?
    This property features: - Absolute-Net Lease w/ Zero Landlord Responsibility; - Fully Leased Investment w/ Long-Term Tenancy; - Cash Cow w/ Scheduled Gross Rents of $192,000
    (559) 705-1000
    Request Owner's contact information
    2304 Monterey St Fresno, CA 93721
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    Fresno, CA 93721
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2304 Monterey St Fresno, CA 93721
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