Retail Investment
For Sale
Contact for pricing
4021 E Ashlan Ave, Fresno, CA
Retail investment opportunity in a free-standing building.
Property Size12,096 SF
Lot Size0.50 Acres
Price / SF$177
Days on Market563
Property Features for 4021 E Ashlan Ave
General Information
Standard status
Active
Size
12,096 SF
Lot size
0.50 Acres
Property subtype
RETAIL
Listing Agency:
Century 21 - Mueller Commercial | Sacramento
(916) 704-9341
Listed By:
Daniel Mueller
Source:
Moodyscre
Added: Apr 8, 2025
Changed: Oct 17
Last Checked: Oct 20 at 8:22PM
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 Century 21 - Mueller Commercial | Sacramento
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a retail investment opportunity featuring a free-standing building. The property has a size of 12096 square feet.
Key Highlights
- Retail Investment
- Free Standing
- Retail Investment Opportunity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,741
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,834,820
$2.8M
Cap Rate 7%
$2,024,871
$2.0M
Cap Rate 9%
$1,574,900
$1.6M
Market Conditions
NOI Build-Up for 12,096 SF
Gross rent
$217.7K $18.00/SF
− Vacancy
−$15.2K −$1.26/SF
EGI
$202.5K $16.74/SF
− OpEx
−$60.7K −$5.02/SF
NOI
$141.7K $11.72/SF
Area
Fresno, CA
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,834,820
Cap Rate 7%
$2,024,871
Cap Rate 9%
$1,574,900
Alternative Uses
Best Use
Retail
$2.02M
$1.77M – $2.36M
NOI $141,741 @ 7.0% cap · market cap 6.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.56M
$3.12M – $4.16M
NOI $249,516 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
153k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 34%
Groceries 21%
Save Mart
Groceries
32,337 visits/mo
0.2 miles
Starbucks
Dining
22,927 visits/mo
0.2 miles
Dollar Tree
Shops & Services
22,054 visits/mo
0.2 miles
Panda Express
Dining
19,528 visits/mo
0.5 miles
dd's DISCOUNTS
Shops & Services
19,404 visits/mo
0.2 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Retail investment opportunity in a free-standing building.
Where is this retail space located?
The property is located at 4021 E Ashlan Ave Fresno, CA.
What is the asking price?
The asking price for this property is $2,140,993.
What are key features of this property?
This property features: Retail Investment; Free Standing; Retail Investment Opportunity
