3676 Dakota Ave Fresno, CA 93726
- Medical offices
- 8,680 SF
- 0.79 lot acres
Current Use by Public Records
- Medical offices
Property Details for 3676 Dakota Ave
- Year built
- 1978
- Construction
- WOOD
- Lot size
- 0.79 lot acres
- Property size
- 8,680 SF
- Zone code
- RM1
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 437-321-26
- APU
- 43732126
Description
Exceptional opportunity to acquire a fully renovated, Class A assisted living facility in Fresno, CA. This 8,680 square foot building, situated on a 34,440 square foot corner lot, boasts 22 bedrooms and is ideally suited for assisted living, congregate living, or memory care, potentially accommodating up to 40 residents. The property underwent a complete transformation in 2023, including a new roof ($245,758), new acrylic smooth stucco exterior ($167,750), new windows and doors, a fire sprinkler system, a state-of-the-art HVAC and ducting system ($53,000), and updated LED lighting and camera security system ($21,000). A modern commercial kitchen with commercial appliances is included. The expansive lot provides 45 gated parking spaces, enhanced by new landscaping and an adjacent park. The property features a single-story building constructed in 1978 and benefits from a Conditional Use Permit already approved by the City of Fresno. While the current floor plan is conceptual, it provides a solid foundation for future development. This turnkey operation presents a rare opportunity for immediate occupancy and revenue generation. APN: 437-321-26. Asking price: $1,950,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $300,000
- 7%
- $290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $305,000
- Geo Method
- $315,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $325,000
- Mixed-Use
- $320,000
- Hospitality
- $255,000
- Educational
- $255,000
- Residential Income
- $270,000
- Energy
- $240,000
- Income-Based Land
- $285,000
- Food Service
- $270,000
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.764
- Latitude
- 36.7866
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA