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    3201-3289 Shields Ave Fresno, CA 93726

    Sponsored
    For Lease
    $12 SF/Yr

    Prime Fresno location, multi-tenant retail & office.

    Lot size:
    45,068 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Midtown Plaza, located at 3201-3289 E. Shields Avenue in Fresno, California (93726), presents a compelling investment opportunity. This multi-tenant retail and office center comprises three single-story buildings totaling 45,068 square feet, situated on a 4.1-acre lot. Constructed in 1971, the property enjoys a highly desirable Midtown East submarket location, conveniently adjacent to a Target store at the northeast corner of Shields Avenue and First Street. The property's APN is 437-020-06 in Fresno County. The diverse tenancy includes a mix of retail, restaurant, and office spaces, making it an attractive and stable investment. The property's address range is 3201-3289 E. Shields Avenue, with cross streets of Shields and First. This established center offers significant potential for future growth and income generation within a thriving commercial area. The property's convenient location and diverse tenant mix make it a strong contender for investors seeking a stable and profitable investment in the Fresno market.

    Property Features for 3201-3289 Shields Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,068 SF
    Total Rate
    45068

    Building Details

    Year Built
    1971
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 3267
    Size
    1,640 SF
    Rate per SF
    $12

    HighLights

    • APN: 437‑020‑06
    • 45,068± SF building
    • Built in 1971
    • 4.1± acre lot
    • $1.00/SF NNN lease
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.76988686906
    Latitude
    36.780631324677

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    FAQs

    What type of property is this?
    Restaurant - Prime Fresno location, multi-tenant retail & office.
    Where is this restaurant located?
    The property is located at 3201-3289 Shields Ave Fresno, CA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: APN: 437-020-06; 45,068± SF building; Built in 1971
    Request Owner's contact information
    3201-3289 Shields Ave Fresno, CA 93726
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    Fresno, CA 93726
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    Realmo Value Estimation

    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.

    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.

    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
    3201-3289 Shields Ave Fresno, CA 93726
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