Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2627 N Blackstone Ave Fresno, CA 93703

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Multi-tenant retail property, 100% occupied, investment or owner-user opportunity.

    Property size:
    2,734 SF
    Lot size:
    5.13 Acres

    Property Features for 2627 N Blackstone Ave

    General Information

    Size
    2,734 SF
    Lot size
    5.13 Acres

    We can help!

    Listing Contact
    Craig Holdener
    Craig Holdener
    Source: Moodyscre

    Listing Agency: Newmark Pearson Commercial | Fresno Listing Agent: Craig Holdener

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

    Learn more

    Property Insight Report

    Overview

    Retail Investment Opportunity in Fresno

    This 2,734 square foot retail property is located at 2627 N Blackstone Ave in Fresno, CA. The property is currently 100% occupied and presents an investment or owner-user opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fresno Auto Traders Car Dealership Elite Auto Fresno ... Car Dealership Elite Auto Fresno Car Dealership

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.7913665
    Latitude
    36.7745525

    Nearby Similar for Sale

    • $799,900
      Pending

      Updated Triplex in Rural Setting

      Triplex with updated homes on a spacious lot near amenities.
      10375 W Kearney Blvd, Fresno, CA 93706
      View Details
    • $549,000
      Pending

      Fresno Multifamily Investment Opportunity

      Well-maintained 4-unit apartment building in Mayfair District, fully rented.
      3435 E Mckinley Ave, Fresno, CA 93703
      View Details
    • $900,000
      9,336 SF

      Commercial Property with Excess Land

      Commercial property featuring a large yard and excess land.
      1833 E Hedges Ave, Fresno, CA 93703
      View Details
    • $790,000
      5,896 SF

      Versatile Office Investment Opportunity

      Freestanding office building with value-add potential in Fresno, CA.
      319 N Van Ness Ave, Fresno, CA 93701
      View Details
    • $550,000
      5,910 SF

      Freestanding Retail Building on Blackstone

      5,910 SF retail building with parking and visibility.
      426 N Blackstone Ave, Fresno, CA 93701
      View Details
    • $475,000
      3,360 SF

      Fresno Office Building For Sale

      3,360 SF office building with four units in Fresno.
      943 N Abby St, Fresno, CA 93701
      View Details
    • $925,000
      4,893 SF

      Medical/Professional Office Building For Sale

      Medical/professional office building with easy highway access and great visibility.
      720 E Bullard Ave, Fresno, CA 93710
      View Details
    • $675,000
      8,219 SF

      Freestanding Central Fresno Office Building

      Efficient office/retail building with SBA owner/user opportunity.
      2965-2977 N Maroa Ave, Fresno, CA 93704
      View Details
    • $790,000
      6,866 SF

      Blackstone Avenue Investment Opportunity

      Freestanding, fully leased building with upside potential.
      2801-2819 N Blackstone Ave, Fresno, CA 93703
      View Details
    • $675,000
      6,995 SF

      Fulton Street Retail Building

      Prime retail building in downtown Fresno with high visibility.
      921 Fulton St, Fresno, CA 93728
      View Details
    • $835,000
      9,250 SF

      Retail Building with Private Parking

      9,250 SF retail building with longstanding tenants for sale.
      1405 N Van Ness Ave, Fresno, CA 93721
      View Details
    • $725,000
      8,332 SF

      Remodeled Freestanding Building with Parking

      Established salon space available in Fresno with parking.
      325 E Shields Ave, Fresno, CA 93705
      View Details

    FAQs

    What type of property is this?
    Retail space - Multi-tenant retail property, 100% occupied, investment or owner-user opportunity.
    Where is this retail space located?
    The property is located at 2627 N Blackstone Ave Fresno, CA.
    What are key features of this property?
    This property features: - 100% Occupied; - Multi-Tenant; - Investment Opportunity
    (559) 432-6200 Call to check price and availability
    Request Owner's contact information
    2627 N Blackstone Ave Fresno, CA 93703
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2627 N Blackstone Ave
    Fresno, CA 93703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2627 N Blackstone Ave Fresno, CA 93703
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Craig Holdener
    Craig Holdener
    (559) 432-6200 (559) 355-3451 (559) 447-6293
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!