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    436 Olive Ave Fresno, CA 93728

    For Sale
    $399,999

    898 SF Retail Space, $399,999

    Property size:
    898 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 898-square-foot retail property, located at 436 W Olive Ave in Fresno, California, presents a compelling owner-user investment opportunity. Built in 1950, the building sits on a 0.222-acre lot (9,675 square feet) and is zoned CMS. The asking price is $399,999, translating to $445.43 per square foot. The property boasts ample parking with 10 spaces available. The property's location in a bustling area of Fresno offers high visibility and significant potential for a variety of retail businesses. While a smoke shop currently operates on the premises, the business and its inventory are not included in the sale price but are available for separate negotiation. This presents a unique opportunity for buyers to acquire a turnkey operation or continue leasing the space to an existing tenant. The property's prime location and flexible use potential make it an attractive investment for those seeking high-visibility commercial real estate in a thriving Fresno market. The Assessor's Parcel Number (APN) is 45016114. This is a rare chance to acquire a well-situated retail space with significant upside potential.

    Property Features for 436 Olive Ave

    General Information

    Property type
    Retail properties
    Square Feet
    898 SF
    Lot Size
    9,670 SF

    Building Details

    Year Built
    1950

    HighLights

    • 898 SF retail building on a 0.22‑acre lot (9,675 SF) in Fresno, CA.
    • Asking price: $399,999 ($445.43/SF).
    • Ample parking: 10 spaces.
    • Zoned CMS.
    • APN: 45016114.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A-1 Smoke Shop ... Tobacco Shop ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -119.8174092
    Latitude
    36.7577667

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    FAQs

    What type of property is this?
    Retail property - 898 SF Retail Space, $399,999
    Where is this retail property located?
    The property is located at 436 Olive Ave Fresno, CA.
    What is the asking price?
    The asking price for this property is $399,999.
    What are key features of this property?
    This property features: 898 SF retail building on a 0.22-acre lot (9,675 SF) in Fresno, CA.; Asking price: $399,999 ($445.43/SF).; Ample parking: 10 spaces.
    Request Owner's contact information
    436 Olive Ave Fresno, CA 93728
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    Fresno, CA 93728
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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
    436 Olive Ave Fresno, CA 93728
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