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660 Locust Ave Fresno, CA 93650

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For Sale
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Prime Palm Bluffs location, high NOI, 18,050 SF

Property size:
18,050 SF

Property Features for 660 Locust Ave

General Information

Property type
Office Properties & Spaces
Square Feet
18,050 SF
Lot Size
71,003 SF

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Listing Contact
Brian Decker
Brian Decker

Listing Agency: Colliers | Fresno Listing Agent: Brian Decker

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

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Property Insight Report

Overview

This exceptional 18,050-square-foot executive office building is situated in Fresno's desirable Palm Bluffs development at 660 W Locust Ave, zip code 93650. Offered at $4,395,000, it boasts a strong 6.01% capitalization rate and a net operating income (NOI) of $264,305. The property sits on a 1.63-acre lot (APN 405-550-77) and is zoned IL. The building currently features a multi-tenant configuration, presenting a potential owner-user opportunity with stable occupancy in the other suites. Ample parking is available, with approximately six stalls per 1,000 square feet. Its prime location offers easy access to major services and amenities within the Palm Bluffs area. The price per square foot is $243.49. This presents a compelling investment opportunity in a thriving Fresno location. The building's strategic location and strong financial performance make it an attractive prospect for both investors and owner-occupiers seeking a high-quality office space in a convenient and well-established area of Fresno, California.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Goldman Magdalin & Krikes ... Law Firm Farewell Funeral Services: ... Social Service Agency Farewell Funeral Service Social Service Agency Cisneros E Anthony Social Service Agency Giovannoni Gail Social Service Agency

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
Fresno
County
Fresno
State
California
Longitude
-119.8054772
Latitude
36.8408175

FAQs

What type of property is this?
Office Property / Space - Prime Palm Bluffs location, high NOI, 18,050 SF
Where is this office property / space located?
The property is located at 660 Locust Ave Fresno, CA.
What is the asking price?
The asking price for this property is $4,395,000.
What are key features of this property?
This property features: $4,395,000 asking price for an 18,050 square foot office building.; 6.01% cap rate with a $264,305 net operating income (NOI).; Located in the prime Palm Bluffs area of Northwest Fresno, CA, near major amenities.
(559) 256-2433 Call to check price and availability
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