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    4700 Herndon Ave Fresno, CA 93722

    Sponsored
    For Sale
    Contact for pricing

    Prime Fresno office land, ideal development.

    Property size:
    6,486 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents three contiguous office-zoned parcels totaling 24,704 to 30,956 square feet, located at 4700 W Herndon Ave, Fresno, CA 93722. The land is zoned "O" (Office) and offers a land value of $72 per square foot. Individual lot sizes range from 6,486 to 8,510 square feet, providing flexibility for various development plans. The property boasts a highly desirable location with Herndon Avenue frontage, just east of Milburn Avenue, offering excellent visibility and accessibility. Its strategic position between freeways 41 and 99 ensures convenient access to major transportation arteries. The area also benefits from reciprocal parking arrangements, proximity to public transportation, and a wealth of nearby shopping and dining options, including the Marketplace at El Paseo Shopping Center. Buyers are responsible for their own landscaping. APN numbers are 502-370-01, 502-370-02, and 502-370-03. This is a rare chance to acquire prime office land in a thriving Northwest Fresno location.

    Property Features for 4700 Herndon Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,486 SF

    HighLights

    • Exceptional freeway access (Freeways 41 & 99).
    • Office zoning ("O").
    • Reciprocal parking available.
    • Convenient public transportation.
    • Abundant nearby shopping and dining.
    • Proximity to Marketplace at El Paseo Shopping Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.8763901
    Latitude
    36.8371517

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Fresno office land, ideal development.
    Where is this office property / space located?
    The property is located at 4700 Herndon Ave Fresno, CA.
    What are key features of this property?
    This property features: Exceptional freeway access (Freeways 41 & 99).; Office zoning ("O").; Reciprocal parking available.
    Request Owner's contact information
    4700 Herndon Ave Fresno, CA 93722
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    Fresno, CA 93722
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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
    4700 Herndon Ave Fresno, CA 93722
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