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    5151 N Gates Ave Fresno, CA 93722

    For Sale
    $8,995,000

    Retail property with long-term leases and highway access.

    Property size:
    28,009 SF
    Lot size:
    1.72 Acres

    Property Features for 5151 N Gates Ave

    General Information

    Size
    28,009 SF
    Lot size
    1.72 Acres

    Source: Colliers | Fresno Agent Steve Rontell

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

    Overview

    Retail Investment Opportunity Near Highway

    This retail property, with a total size of 28,009 square feet, benefits from long-term NNN leases. The property features solar panels owned by the landlord, benefiting both tenants. The range portion of the property received a new roof in 2018 and a new HVAC system in 2021, while the 5.11 portion had a new roof and HVAC system installed in 2010. The 5.11 tenant serves as the official uniform supplier for the Fresno Police Department, Fresno Sheriff Department, and other entities. The range is contracted with CHP for training purposes. The property is located across from a retail center containing Costco and Winco, and it offers quick access to Highway 99.
    Insight Report Location Intelligence

    Current Use by Public Records

    Range Pistol Club Gun Shop Floyd's Barber Shop ... Waxing Hair Removal Service

    Suggested Use

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

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Coinstar Kiosk - Bitcoin ATM, California DMV Now Kiosk, Figarden New Town Shopping Center, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.8749835
    Latitude
    36.8108146

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    FAQs

    What type of property is this?
    Shopping center - Retail property with long-term leases and highway access.
    Where is this shopping center located?
    The property is located at 5151 N Gates Ave Fresno, CA.
    What is the asking price?
    The asking price for this property is $8,995,000.
    What are key features of this property?
    This property features: - Long-term NNN leases in place.; - Solar panels owned by landlord, benefiting both tenants.; - Strategic location across from Costco and Winco retail center.
    (559) 269-3260
    Request Owner's contact information
    5151 N Gates Ave Fresno, CA 93722
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    Fresno, CA 93722
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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
    5151 N Gates Ave Fresno, CA 93722
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