Corner Lot Retail
946 Fresno Street Fresno, CA 93706
For Sale
$429,000
Freestanding retail building on a corner lot with strong street visibility and high traffic exposure.
Property Size1,820 SF
Price / SF$235.71
Days on Market128
Property Features for 946 Fresno Street
General Information
- Standard status
- Active
- Size
- 1,820 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1990
Listing Agency:
Aspire Realty Solutions
(559) 273-2899
Listed By:
Faraz Gill · License #01922560
(559) 273-2899
Source:
Exitrealty
Added: Mar 18
Changed: Jul 23
Last Checked: Jul 23 at 3:58AM
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 Aspire Realty Solutions
Investment Insights
Based on property information with market context.
This for-sale commercial building sits on a corner lot and is positioned to capture strong street visibility. The property is suited for a retail store or other business use, with its storefront-style presence and accessible frontage designed to support customer traffic.
Located at 946 Fresno Street in Fresno, California, the building benefits from excellent street visibility on a prominent corridor. Public remarks note high traffic exposure and convenient access to major highways, which can help support business access for customers and operations.
The offering is intended for both investors and owner-users seeking a street-facing retail asset on a high-visibility corner location.
Located at 946 Fresno Street in Fresno, California, the building benefits from excellent street visibility on a prominent corridor. Public remarks note high traffic exposure and convenient access to major highways, which can help support business access for customers and operations.
The offering is intended for both investors and owner-users seeking a street-facing retail asset on a high-visibility corner location.
Key Highlights
- Freestanding retail building on a corner lot on Kearney Blvd
- Strong street visibility and high traffic exposure for customer access
- Excellent street frontage with strong traffic exposure
Financial Insights For Retail
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 | $32.8k | $18.00 |
| − Vacancy | −$2.3k | −$1.26 |
| EGI | $30.5k | $16.74 |
| − OpEx | −$9.1k | −$5.02 |
| NOI | $21.3k | $11.72 |
1,820 SF · lease $18.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$304.7K
$266.6K – $355.5K
NOI $21,327 @ 7.0% cap · market cap 4.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$536.3K
$469.3K – $625.7K
NOI $37,543 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cost-U-Less Insurance Center
Insurance Agency
Boost Mobile
Mobile Phone Store
FAQs
What type of property is this?
Retail space - Freestanding retail building on a corner lot with strong street visibility and high traffic exposure.
Where is this retail space located?
The property is located at 946 Fresno Street Fresno, CA.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Freestanding retail building on a corner lot on Kearney Blvd; Strong street visibility and high traffic exposure for customer access; Excellent street frontage with strong traffic exposure
