Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5963 Shaw Ave Fresno, CA 93722
    Property profile & analytics

    5963 Shaw Ave, Fresno, CA 93722

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 5963 Shaw Ave

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 3,600 square foot retail space is ideally situated at the high-traffic intersection of Shaw and Haynes Avenues in Fresno, California. Currently a vanilla shell, this single-tenant property offers unparalleled flexibility for businesses seeking a customizable space. Its location next to Johnny Quick ensures high visibility and foot traffic. The property is perfect for a variety of retail uses, including fast food, beauty salons, or barber shops, as indicated by its suitability for such tenants. The building's prime location within Fresno provides easy access to major thoroughfares and a substantial customer base. Nearby attractions include the Fashion Fair Mall and River Park Shopping Center, ensuring a robust and diverse customer pool. This presents a unique opportunity for businesses to establish a strong presence in a thriving commercial area of Fresno, within the 93722 zip code. The property's blank canvas condition allows for complete design freedom, enabling businesses to create a space perfectly tailored to their specific needs and brand identity. This is a remarkable opportunity to secure a highly visible and accessible retail space in a dynamic and growing Fresno neighborhood.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.898
    Latitude
    36.8076

    Comparable in this City

    • Value Estimation by Request

      Shaw & Blythe Ave

      Power centers
      0 Shaw & Blythe Ave, Fresno, CA 93722
      View Details
    • Value Estimation by Request
      5,824 SF

      4416 Shaw Ave

      Power centers
      4416 Shaw Ave, Fresno, CA 93722
      View Details
    • Value Estimation by Request
      1,453 SF

      6617 Riverside Dr

      Restaurants
      6617 Riverside Dr, Fresno, CA 93722
      View Details
    • Value Estimation by Request

      99 Seq Herndon & Fwy

      Neighborhood centers
      99 Seq Herndon & Fwy, Fresno, CA 93722
      View Details
    • Value Estimation by Request
      75,000 SF

      Sec Herndon & Brawley Ave

      Individual retail properties
      0 Sec Herndon & Brawley Ave, Fresno, CA 93722
      View Details
    • Value Estimation by Request
      3,000 SF

      2222 Confidentiality

      Individual retail properties
      2222 Confidentiality, Fresno, CA 93722
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      448 SF

      Restaurant Property on Shaw Avenue

      Income-producing commercial property near major development and Highway 99.
      5064 W Shaw Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      Pending

      Highway 99 Frontage Development Opportunity

      Corner lot suitable for gas station or fast food development.
      W Ashlan Ave, Fresno, CA 93722
      View Details
    • $135,000
      1,200 SF

      Retail Space in Fresno, CA

      Retail space available for sale in Fresno, California.
      Fresno, CA 93722
      View Details
    • $125,000
      3,760 SF

      Retail Space in Fresno, CA

      Retail space available for sale in Fresno, California.
      3752 W Shields Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      28,009 SF

      Retail Investment Opportunity Near Highway

      Retail property with long-term leases and highway access.
      5151 N Gates Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      24,368 SF

      Former CVS Retail Opportunity

      24,368 SF retail property on 2.37 acres.
      4021-4077 W Clinton Ave, Fresno, CA 93722
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,033 SF

      New Fresno Retail/Office Space

      New construction retail and office space in Northwest Fresno.
      4498 W Herndon Ave, Fresno, CA 93722
      View Details
    • Contact for pricing

      New Northwest Fresno Retail Space

      New construction office and retail space for lease in Fresno.
      7039 N Blythe Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      2,264 SF

      Freestanding Retail Building with Drive-Thru

      Newly constructed retail building with drive-thru, high traffic location.
      5380 W Spruce Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      20,000 SF

      Retail Space Near Freeway 99

      Retail space with excellent access and visibility from Freeway 99.
      Clinton Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      1,033 SF

      Versatile Commercial Space Available

      Office and retail space for rent near shopping and restaurants.
      7031 N Blythe Ave, Fresno, CA 93722
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5963 Shaw Ave
    Fresno, CA 93722
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5963 Shaw Ave, Fresno, CA, 93722
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!