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    2700 Shaw Ave Fresno, CA 93711

    • Retail space
    • 39,169 SF
    • 4.00 lot acres
    For Lease
    View listing
    Last Sale
    Apr 01, 2025
    $4,750,000
    Value Estimations
    $4,340,000
    Cap Rate Potential
    11.4%
    Retail space
    Location Intelligence
    Property ID
    US09-2727289
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Culichi Town / Mexican Restaurant / Seafood Restaurant
    • Walmart Exclusive / Restaurant

    Property Details for 2700 Shaw Ave

    Year built
    1983
    Construction
    WOOD
    Lot size
    4.00 lot acres
    Property size
    39,169 SF
    Zone code
    CMX
    Property type
    Retail space
    APN
    415-052-49S
    APU
    41505249S

    Description

    This exceptional 38,427 square foot retail center, located at 2700-2784 W. Shaw Avenue in Fresno, California (93711), presents a unique investment opportunity. Built in 1983, the property sits on a 4-acre lot and boasts excellent visibility and signage opportunities due to its high-traffic location at the intersection of Shaw Avenue and Marks Avenue. The center is comprised of multiple tenancies, with a minimum divisible space of 1,440 square feet and a maximum contiguous space of 4,000 square feet. Current tenants include a diverse mix of established businesses such as Culichi Town Restaurant, Foster's Donuts, Pete's Teriyaki, Ewell's Place, AT&T Wireless, Allstate Insurance, Shila Korean BBQ, Uncle Harry's Bagels, and Dash of Glam Nail Salon. The property benefits from its proximity to major national retailers, including Target, Ross, and Big 5, further enhancing its appeal and drawing significant foot traffic. The property's APN is 415-052-49. This is an ideal opportunity for investors seeking a well-established retail center in a prime Fresno location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Estimation
      $4,045,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,915,000
      6.5%
      $4,795,000
      7%
      $5,230,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,380,000
      Geo Method
      $4,870,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,965,000
      Retail
      $6,080,000
      Mixed-Use
      $5,485,000
      Hospitality
      $4,500,000
      Educational
      $4,700,000
      Residential Income
      $5,090,000
      Energy
      $5,335,000
      Income-Based Land
      $5,165,000
      Food Service
      $5,670,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.843
    Latitude
    36.8089
    CBSA code
    23420
    CBSA name
    FRESNO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $63,892
    $1,471,649
    $3,521,448
    $4,993,097
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      27,246 SF

      7057 Marks Ave

      RETAIL STORES (PERSONAL SERVICES) • 27,246 SF
      7057 Marks Ave, Fresno, CA 93711-0261
      View Details
    • Value Estimation by Request
      10,230 SF

      3230 Shaw Ave

      RETAIL STORES (PERSONAL SERVICES) • 10,230 SF
      3230 Shaw Ave, Fresno, CA 93711-3233
      View Details
    • Value Estimation by Request
      26,940 SF

      3050 Shaw Ave

      RETAIL STORES (PERSONAL SERVICES) • 26,940 SF
      3050 Shaw Ave, Fresno, CA 93711-3239
      View Details
    • Value Estimation by Request
      5,764 SF

      3077 Shaw Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,764 SF
      3077 Shaw Ave, Fresno, CA 93711-3220
      View Details
    • Value Estimation by Request
      5,200 SF

      3249 Shaw Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,200 SF
      3249 Shaw Ave, Fresno, CA 93711-3235
      View Details
    • Value Estimation by Request
      15,435 SF

      1016 Shaw Ave

      RETAIL STORES (PERSONAL SERVICES) • 15,435 SF
      1016 Shaw Ave, Fresno, CA 93711-3701
      View Details

    Similar Nearby for Sale

    • $80,000

      Established Tobacco Store For Sale

      Thriving tobacco business in a prime Fresno location for sale.
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      Fresno Retail Pad Sites

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      Retail Property in Fresno, CA

      Retail property with 3,800 square feet of space.
      3842 W Shaw Ave, Fresno, CA 93711
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    • $3,895,000
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      Retail and Office Strip Center

      Commercial strip center with retail and office spaces for sale.
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      Retail Property on Shaw Avenue

      3,011 SF retail property for sale in Fresno, CA.
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    • $2,017,000

      ±148,084 SF Fresno Commercial Land

      High-traffic Fresno land, ideal retail.
      2068 Shaw Ave, Fresno, CA 93711
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,396 SF

      Retail Space in High-Traffic Area

      Retail space available in north Fresno shopping center.
      663 W Nees Ave, Fresno, CA 93711
      View Details
    • Contact for pricing
      1,436 SF

      Retail and Office Space Available

      Retail/office space in a busy Fresno shopping center.
      2225 W Shaw Ave, Fresno, CA 93711
      View Details
    • $2.00 SF/Yr
      2,000 SF

      Retail Space in Fresno, CA

      Retail space available for lease in Fresno, California.
      659 E Nees Ave, Fresno, CA 93711
      View Details
    • Contact for pricing
      2,856 SF

      Retail Space in High-Traffic Area

      Retail space available in high-income area with significant traffic.
      3006-3036 W Bullard Ave, Fresno, CA 93711
      View Details
    • Contact for pricing
      1,295 SF

      Retail Space with Great Visibility

      Retail space with easy access and high visibility available for rent.
      2710-2722 W Shaw Ave, Fresno, CA 93711
      View Details
    • Contact for pricing
      5,650 SF

      Retail Space Near Business Park

      Retail space available near Palm Bluffs Business Park.
      675 W Nees Ave, Fresno, CA 93711
      View Details
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    2700 Shaw Ave
    Fresno, CA 93711
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
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