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    Nwc Of Shaw Ave & Ave Bell Canyon, CA 91307

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    For Lease
    Contact for pricing

    High-traffic location, multiple tenants.

    Lot size:
    40,000 SF

    Property Features for 0 Nwc Of Shaw Ave & Ave

    General Information

    Property type
    Retail space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF

    Spaces For Lease

    at 0 Nwc Of Shaw Ave & Ave, Bell Canyon, CA 91307 Contact us

    We can help!

    Listing Contact
    Shane Anderson
    Shane Anderson

    Listing Agency: Commercial Retail Associates Listing Agent: Shane Anderson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional retail property, located at the Northwest corner of Shaw Avenue and West Avenue in Fresno, California (91307), offers a total of 40,000 square feet of prime retail space. Currently fully occupied with multiple tenants, this property presents a unique opportunity for investors seeking a stable, high-traffic location. The building is categorized as an anchor and junior anchor space, indicating its significant size and potential for high-volume retail operations. The property is situated in Fresno County and boasts excellent visibility due to its prominent corner location. Individual spaces are available, with a minimum divisible unit size of 1,500 square feet, allowing for flexibility in tenant occupancy. For businesses requiring larger spaces, the maximum contiguous space available is the entire 40,000 square feet. This property is ideal for a variety of retail uses, benefiting from its high-traffic location and substantial square footage. The address is specifically the Northwest corner of Shaw Avenue and West Avenue, offering unparalleled exposure to vehicular and pedestrian traffic. This is a rare opportunity to acquire a fully occupied, high-performing retail center in a desirable Fresno location. The property's size and configuration make it suitable for a variety of retail concepts, from large-format anchor stores to smaller, complementary businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Bell Canyon
    County
    Fresno
    State
    California
    Longitude
    -119.8278967
    Latitude
    36.8087678

    FAQs

    What type of property is this?
    Retail space - High-traffic location, multiple tenants.
    Where is this retail space located?
    The property is located at Nwc Of Shaw Ave & Ave Bell Canyon, CA.
    What are key features of this property?
    This property features: 1,721 SF end-cap, former restaurant space. Available December 1, 2022.; Up to 40,000 SF of buildable anchor space; retail shops and outparcels available for lease.; Prime West Shaw Avenue location in Fresno, a major commercial thoroughfare serving Fresno and Clovis.
    (559) 650-1300 Call to check price and availability
    Request Owner's contact information
    Nwc Of Shaw Ave & Ave Bell Canyon, CA 91307
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    Bell Canyon, CA 91307
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Nwc Of Shaw Ave & Ave Bell Canyon, CA 91307
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Shane Anderson
    Shane Anderson
    Real Estate License ID: 01422414
    (559) 650-1300 (559) 650-1305
    Learn more
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