5751 Elm Ave Fresno, CA 93706
- Turn key restaurants
- 7,440 SF
- 0.58 lot acres
Current Use by Public Records
- Subway / Sandwich Shop / Caterer
- Quickeroo / Grocery Store
- K & C Donuts & Bakery / Bakery
- Westamerica Bank / Bank
Property Details for 5751 Elm Ave
- Year built
- 1982
- Construction
- WOOD
- Lot size
- 0.58 lot acres
- Property size
- 7,440 SF
- Zone code
- C4
- Property type
- Turn key restaurants
- APN
- 334-190-79
- APU
- 33419079
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $400,000
- 6.5%
- $345,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $410,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $375,000
- Retail
- $295,000
- Mixed-Use
- $295,000
- Hospitality
- $335,000
- Educational
- $385,000
- Residential Income
- $365,000
- Energy
- $355,000
- Income-Based Land
- $300,000
- Food Service
- $300,000
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.791
- Latitude
- 36.652
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA