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    5751 Elm Ave Fresno, CA 93706

    Sponsored
    For Sale
    $1,000,000

    7,440 SF Retail Center, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 7,440 square foot retail shopping center, located at 5751 S. Elm Ave in Fresno, California (zip code 93706), presents a compelling investment opportunity. Situated at the southwest corner of Frantz and Elm Avenues in Easton, this property features five retail spaces currently occupied by a diverse mix of tenants, including Quickaroo (2,000 sq ft, month-to-month lease), Subway (1,000 sq ft, lease expiring in 2028), West America (1,340 sq ft, lease expiring in 2025), and a donut shop (2,000 sq ft, month-to-month lease). One 1,000 sq ft space is currently vacant. Current rental income is below market value, offering a significant opportunity for increased profitability through rent adjustments and conversion to triple net leases. The property's Assesor's Parcel Number (APN) is 334-190-79. This well-located retail center is priced at $1,000,000 and represents a strong addition to any investment portfolio. The property is categorized as a retail shopping center. This is a prime opportunity to acquire a well-positioned retail property with substantial upside potential.

    Property Features for 5751 Elm Ave

    General Information

    Property type
    Lifestyle centers

    HighLights

    • 7,440 SF retail shopping center in Fresno, CA (93706), located at 5751 S. Elm Ave.
    • Five retail spaces with a mix of tenants, including Subway and Quickaroo. One 1,000 SF space is vacant.
    • Below‑market rents offer significant upside potential for increased profitability.
    • APN: 334‑190‑79.
    • Priced at $1,000,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Subway Sandwich Shop Quickeroo Grocery Store K & C Donuts ... Bakery Westamerica Bank Bank

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.79140426992
    Latitude
    36.652373085164

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    FAQs

    What type of property is this?
    Lifestyle center - 7,440 SF Retail Center, High Potential
    Where is this lifestyle center located?
    The property is located at 5751 Elm Ave Fresno, CA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 7,440 SF retail shopping center in Fresno, CA (93706), located at 5751 S. Elm Ave.; Five retail spaces with a mix of tenants, including Subway and Quickaroo. One 1,000 SF space is vacant.; Below-market rents offer significant upside potential for increased profitability.
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    5751 Elm Ave Fresno, CA 93706
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    Fresno, CA 93706
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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
    5751 Elm Ave Fresno, CA 93706
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