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Property profile

1368 Herndon Ave Fresno, CA 93711

OFF-MARKET
Office Spaces
4,711 SF Built 1990
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Property summary

AI-generated overview

This exceptional 4,711 square foot office building, located at 1368 W Herndon Ave, Fresno, CA 93711, presents a compelling owner-user opportunity. Situated within the Herndon Professional Center, a well-established 90,000+ square foot office complex in North Fresno, this single-story Class B building offers a flexible design suitable for single or multi-tenant occupancy. The property boasts a generous 19,070 square foot lot and is zoned O. Built in 1990, the building is currently available for occupancy on July 1, 2024, providing potential income until that date. The asking price is $1,790,000, translating to $379.96 per square foot. Its convenient location near the intersection of Palm and Herndon Avenues offers excellent accessibility and visibility. The property's APN is 405-450-02. This presents a rare chance to acquire a well-located, adaptable office space in a thriving Fresno neighborhood. The building's design allows for customization to meet diverse business needs, making it an ideal investment for both established businesses and growing enterprises. Don't miss this chance to secure a prime location in a sought-after area of Fresno.

Property profile

Verified
Property type Office Spaces
Year built 1990
Total area 4,711 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency

Location

1368 Herndon Ave Fresno, CA 93711
Fresno metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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