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Property profile & analytics
OFF-MARKET Estimated value $580,000
Warehouses

2525 Hammond Ave Fresno, CA 93703-3909

8,187 SF 0.36 ac lot Built 1960
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-3096725
Property summary
AI-generated overview

This ±8,224 square foot concrete block warehouse, situated on a 0.356-acre lot in Fresno, California, presents a compelling investment opportunity. Built in 1960 and renovated in 1990, this Class B industrial property boasts a single-tenant occupancy and offers immediate access to major transportation arteries, including CA-41 and Highway 180. The building features four ground-level drive-in doors, facilitating efficient loading and unloading. Inside, discover a functional office space complete with a reception area, two private offices, and a spacious open area equipped with HVAC. The warehouse itself benefits from a 15-foot ceiling height, two Reznor heaters, robust 800 AMP 3-phase power, and readily available air lines. The property is zoned CGH-Commercial-General and connected to city utility services. This move-in ready space offers a cost-effective alternative to new construction, eliminating the delays and expenses associated with land acquisition, permitting, and lengthy build times. The address is 2525 E Hammond Ave, Fresno, CA 93703, with a cross street of N Fresno St/E Olive Ave. The property's APN is 451-311-27. This property is ideal for owner-users seeking a functional space or investors looking for passive income generation.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1960
Construction WOOD
Total area 8,187 SF
Lot 0.36 ac (15,525 SF)
Zoning code CG
APN 451-311-27
UPID US10-3096725
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Precision Graphics (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$665k
CAP Approach CAP
by Request
Comparable Approach Comparable
$767k
Blend (final) Blend
$580k
Owner & transaction history
Mi Oracion LLC · 5 yrs held
Mi Oracion LLC
since 2020
Last sale
$450,000
6 recorded transactions
2020
$450,000
2020
Price N/A
2004
$102,500
2001
Price N/A
2000
Price N/A
1995
Price N/A
Zoning & alternative use
CG · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $955,000 +19.9%
Office building $855,000 +7.8%
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