944 S Topeka Ave Fresno, CA 93721
- Manufacturing properties
- 30,084 SF
- 0.79 lot acres
Current Use by Public Records
- Midland Cold Storage / Cold Storage Facility
- Nat Feinn & Son / Food
Property Details for 944 S Topeka Ave
- Year built
- 1959
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.79 lot acres
- Property size
- 30,084 SF
- Zone code
- IH
- Property type
- Manufacturing properties
- APN
- 468-020-48S
- APU
- 46802048S
Description
This ±30,084 square foot heavy industrial building in Fresno, CA, is available for $1,500,000. Situated on a 0.79-acre lot (APN 468-020-48S), this single-tenant property boasts a modified lease type and features a concrete block construction with high visibility from CA-41. The building includes a substantial 93' x 102' cold storage area equipped with three MYCOM compressors and two 53' x 33' pre-cooling rooms. Additional space comprises a 93' x 51' packing area and a 93' x 51' storage room, all benefiting from an 18-foot ceiling height (22-foot eave height in some areas). The property is enhanced by LED lighting, fresh paint, ADA-compliant restrooms, a complete fire suppression system, video surveillance, and heavy power (60 HP 220V 1500 RPM motors with 313 HP compressors and 480V 250 Amp power). Access is provided by four dock-high doors, 8' x 7' forklift entryways, and roll-up doors. A fully fenced yard with a rod iron gate and convenient highway and rail spur access further add to its appeal. The IH (Heavy Industrial) zoning allows for diverse uses. An adjacent covered dock and yard are available via a separate land lease. This property presents a cost-effective alternative to new construction, avoiding delays and high construction costs. Its central Fresno location offers easy access to major freeways and is near Selland Arena, Saroyan Theatre, and Chuckchansi Park.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $835,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $745,000
- 6.5%
- $820,000
- 7%
- $785,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $875,000
- Geo Method
- $700,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $820,000
- Retail
- $670,000
- Mixed-Use
- $855,000
- Hospitality
- $765,000
- Educational
- $925,000
- Residential Income
- $665,000
- Energy
- $710,000
- Income-Based Land
- $915,000
- Food Service
- $860,000
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.774
- Latitude
- 36.7312
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA
