Freestanding Building on Corner
204 N Abby St Fresno, CA 93701
204 N Abby St, Fresno, CA, 93701
Contact for pricing
For Sale
Contact for pricing
Highly visible corner property with upgraded interiors and exteriors.
Property Size1,589 SF
Lot Size0.17 Acres
Price / SF$267.46
Days on Market685
Property Features for 204 N Abby St
General Information
- Standard status
- Active
- Size
- 1,589 SF
- Lot size
- 0.17 Acres
- Property subtype
- Industrial, Office, Retail
Listing Agency
Colliers - Fresno, California
(559) 256-2435
Listed by
Bobby Fena · License #CA 00590204
Source
Crexi
Added: Sep 4, 2024 Checked: Jul 19 at 9:11 am
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 Colliers - Fresno, California
Investment Insights
Based on property information with market context.
This freestanding building is situated on a highly visible corner lot. The property includes a shop area with 12 ft. clearance and HVAC controlled offices. The building features freshly painted and upgraded interiors and exteriors, private offices, and reception areas. There are two restrooms in each building. A new 12’ x 18’ roll-up door has been installed in the shop area. Building 204 has freestanding monument/billboard type signage along Abby Street. The property is leased to Franco Auto Sales until December 31, 2025. The property also includes a 0.17 acre private fenced lot, which is being sold as a separate parcel. The building size is 1589 square feet.
Key Highlights
- Highly visible corner location with freestanding building.
- Leased to Franco Auto Sales until December 31, 2025, providing immediate income.
- Large lot with 12 ft. clearance and shop with HVAC controlled offices.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.4k | $21.00 |
| − Vacancy | −$2.0k | −$1.26 |
| EGI | $31.4k | $19.74 |
| − OpEx | −$7.8k | −$4.94 |
| NOI | $23.5k | $14.81 |
1,589 SF · lease $21.00/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$336.1K
$294.1K – $392.1K
NOI $23,525 @ 7.0% cap · market cap 5.54%
Second Best
Mixed Use
$302.4K
$264.6K – $352.9K
NOI $21,171 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$468.3K
$409.7K – $546.3K
NOI $32,778 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Valley Motorz
Car Dealership
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Highly visible corner property with upgraded interiors and exteriors.
Where is this mixed-use property located?
The property is located at 204 N Abby St Fresno, CA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Highly visible corner location with freestanding building.; Leased to Franco Auto Sales until December 31, 2025, providing immediate income.; Large lot with 12 ft. clearance and shop with HVAC controlled offices.
