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436 Olive Ave Fresno, CA 93728-2929

OFF-MARKET Turn key restaurants Google Maps
898 SF 0.22 ac lot Built 1950
Individually Owned 7-yr Hold ~ Est. High Equity
Estimated value (blended)
$90k
Range $81k – $99k (±10%)
Property ID US09-3368811

Property summary

AI-generated overview

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 profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Construction WOOD
Total area 898 SF
Lot 0.22 ac (9,675 SF)
Zoning code CMS
APN 450-161-14
UPID US09-3368811

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Atm

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$90k

Owner & transaction history

since 2018
1 recorded transaction
2018
$75,000

Zoning & alternative use

CMS · Fresno, CA
Zoning description

Single Unit Dwelling, Attached | Multi-Unit Residential CMS,* CR* Adult Family Daycare, Small (6 clients or less) | Elderly & Long-Term Care CMS,* CR* Family Daycare, Small (8 children or less) & Large (9-14 children) CM…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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