Freestanding Auto
3043 E Belmont Ave, Fresno, CA 93701
For Sale
New
Contact for pricing
An open work area, office, concrete floors and covered ancillary space support service-oriented commercial use, subject to City approval.
Property Size2,950 SF
Lot Size0.16 Acres
Price / SF$111.53
Days on Market6
Property Features for 3043 E Belmont Ave
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Road Access
Additional Details
Real Estate Included
Building Details
Buildings
Listing Agency:
C21 Commercial
Listed By:
Jared Ennis
(559) 302-8698
Source:
Crexi
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 5:15PM
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 C21 Commercial
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Investment Insights
Based on property information with market context.
This freestanding auto shop contains approximately 2,950 SF of building area on a ±7,150 SF parcel. Its interior combines an open work area with an existing office, concrete floors and covered space for work or storage. The property was previously used for automotive operations and is zoned NMX (Neighborhood Mixed Use); future uses are subject to City approval.
The site fronts E Belmont Avenue in Central Fresno, with CA-180 and CA-41 nearby. The surrounding corridor includes automotive repair and service businesses, retailers and residential areas. Grocery Outlet, Starbucks, Dollar Tree, Community Regional Medical Center and Fresno Yosemite International Airport are among the nearby destinations.
The site fronts E Belmont Avenue in Central Fresno, with CA-180 and CA-41 nearby. The surrounding corridor includes automotive repair and service businesses, retailers and residential areas. Grocery Outlet, Starbucks, Dollar Tree, Community Regional Medical Center and Fresno Yosemite International Airport are among the nearby destinations.
Key Highlights
- ±2,950 SF freestanding automotive building on a ±7,150 SF parcel
- NMX (Neighborhood Mixed Use) zoning; use subject to City approval
- Open work area, office, concrete floors and covered work or storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,675
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,500
$433.5K
Cap Rate 7%
$309,643
$309.6K
Cap Rate 9%
$240,833
$240.8K
Market Conditions
NOI Build-Up for 2,950 SF
Gross rent
$31.5K $10.68/SF
− Vacancy
−$542 −$0.18/SF
EGI
$31.0K $10.50/SF
− OpEx
−$9.3K −$3.15/SF
NOI
$21.7K $7.35/SF
Area
Fresno, CA
Vacancy
1.72%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,500
Cap Rate 7%
$309,643
Cap Rate 9%
$240,833
Alternative Uses
Best Use
Retail
$493.8K
$432.1K – $576.1K
NOI $34,568 @ 7.0% cap · market cap 10.51%
Second Best
Industrial
$309.6K
$270.9K – $361.3K
NOI $21,675 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$869.3K
$760.7K – $1.01M
NOI $60,853 @ 7.0% cap · market cap 18.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,348
Businesses Nearby
33k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 34%
Electronics 12%
Starbucks
Dining
14,038 visits/mo
0.5 miles
AutoZone
Shops & Services
6,886 visits/mo
0.5 miles
Valero Energy
Shops & Services
4,166 visits/mo
0.2 miles
Boost Mobile
Electronics
4,064 visits/mo
0.4 miles
Little Caesars Pizza
Dining
2,428 visits/mo
0.5 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- R&P Towing Auto Tires — Fresno, CA 93702
- Richard's Radiators — 3135 E Tulare Ave, Fresno, CA 93702
- New Used Tires Body Repair Frame Work Parts — 117 N 2nd St, Fresno, CA 93702
- Shop Automotive Repair — 3301 E Tulare Ave, Fresno, CA 93702
- Ready tech Auto repair — 3655 E Tulare Ave, Fresno, CA 93702
Frequently Asked Questions
What type of property is this?
Auto shop - An open work area, office, concrete floors and covered ancillary space support service-oriented commercial use, subject to City approval.
Where is this auto shop located?
The property is located at 3043 E Belmont Ave Fresno, CA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: ±2,950 SF freestanding automotive building on a ±7,150 SF parcel; NMX (Neighborhood Mixed Use) zoning; use subject to City approval; Open work area, office, concrete floors and covered work or storage space
