2842 Business Park Ave Fresno, CA 93727
- Manufacturing properties
- 226,937 SF
- 20.15 lot acres
Current Use by Public Records
- Sunrise Medical (US) LLC / Manufacturer / Mobility Equipment Supplier
- PBLC Payroll / Payroll Service
Property Details for 2842 Business Park Ave
- Year built
- 1985
- Construction
- TILT-UP CONCRETE
- Lot size
- 20.15 lot acres
- Property size
- 226,937 SF
- Zone code
- IL
- Property type
- Manufacturing properties
- APN
- 496-192-10S
- APU
- 49619210S
Description
This exceptional Fresno, CA industrial campus, totaling 225,186 square feet on a 13.75-acre lot, presents a unique investment opportunity. Built in 1987 and zoned IL (Light Industrial), the property boasts 12 dock-high doors, 377 parking spaces, and a substantial 26-foot ceiling height, ideal for manufacturing and warehousing. The campus features approximately 54,210 square feet of office space, perfectly suited for corporate operations. Its strategic location in Fresno County, at 2842 N. Business Park Ave (cross streets: Shields and Fowler Avenues), offers excellent access to major transportation routes. The property's robust infrastructure includes nearly 7,000 amps of 3-phase power, underscoring its capacity for advanced manufacturing processes. The ample parking and expansive layout cater to a large workforce. APN: 496-192-10S. This multi-tenant property is ready for its next chapter, offering significant potential for a variety of industrial uses. The property's history includes use as a corporate office, research and development, manufacturing, and distribution center. This is a rare opportunity to acquire a well-established, functional, and amenity-rich industrial campus in a prime Fresno location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $14,485,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $13,985,000
- 6.5%
- $15,530,000
- 7%
- $15,120,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $14,195,000
- Geo Method
- $15,905,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $12,930,000
- Retail
- $13,790,000
- Mixed-Use
- $15,420,000
- Hospitality
- $15,110,000
- Educational
- $16,325,000
- Residential Income
- $14,840,000
- Energy
- $12,265,000
- Income-Based Land
- $13,395,000
- Food Service
- $15,925,000
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.684
- Latitude
- 36.7774
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA
