Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7184-7198 Abby St Fresno, CA 93720
    Back to Search
    Property profile & analytics

    7184-7198 Abby St, Fresno, CA 93720

    View on Map
    • Neighborhood centers
    • 288,388 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 7184-7198 Abby St

    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional retail opportunity is located within the Woodward Park Gateway, a thriving 288,388 square foot regional shopping center in Fresno, California's desirable River Park area. The property is a multi-tenant pad building strategically positioned at the main entrance, offering unparalleled visibility and accessibility. This prime location sits directly in front of Home Depot and adjacent to Costco and its gas station, ensuring consistent exposure to high-volume traffic. The available space ranges from 1,300 to 4,795 contiguous square feet, providing flexibility for various retail businesses. The entire shopping center sits on a 288,388 square foot lot. The minimum divisible space is 1,625 square feet. Monument signage is available, enhancing brand visibility and attracting customers. This property presents a unique chance to establish a presence in a bustling retail environment with strong anchors and exceptional foot traffic, making it an ideal investment for businesses seeking high visibility and a prime location in Fresno, CA (zip code 93720). The property is classified as a strip center with multiple tenancies. The address is 7184-7198 Abby St, Fresno, CA. Fresno County is the location.

    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
    -119.789
    Latitude
    36.8411

    Comparable in this City

    • Value Estimation by Request
      70,000 SF

      Sec Champlain & Perrin Ave

      Neighborhood centers
      0 Sec Champlain & Perrin Ave, Fresno, CA 93720
      View Details
    • Value Estimation by Request

      Herndon Ave & 1 St

      Lifestyle centers
      0 Herndon Ave & 1 St, Fresno, CA 93720
      View Details
    • Value Estimation by Request

      Fresno Ca

      Lifestyle centers
      0 Fresno Ca, Fresno, CA 93720
      View Details
    • Value Estimation by Request

      Fresno Ca

      Lifestyle centers
      0 Fresno Ca, Fresno, CA 93720
      View Details
    • Value Estimation by Request
      70,884 SF

      Sec 1 St & Nees Ave

      Individual retail properties
      0 Sec 1 St & Nees Ave, Fresno, CA 93720
      View Details
    • Value Estimation
      $2,660,000
      119,869 SF

      1528 Champlain Dr

      SHOPPING CENTER, STRIP CENTER
      1528 Champlain Dr, Fresno, CA 93720-5626
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,923 SF

      Turnkey Office Space Available

      Well-designed office complex with ample parking and convenient location.
      7433 N 1St St, Fresno, CA 93720
      View Details
    • Contact for pricing
      2,268 SF

      Fresno Office Space For Sale

      Office space available in Fresno, California.
      7257 N Maple Ave, Fresno, CA 93720
      View Details
    • Contact for pricing
      2,312 SF

      Prime Location Office Space

      Corner office unit in shell form, great visibility.
      7105 N Chestnut Ave, Fresno, CA 93720
      View Details
    • $5,358,480
      12,912 SF

      Prime Fresno Medical Office Building

      12,912 SF Medical Office, Owner/User
      1275 Spruce Ave, Fresno, CA 93720
      View Details
    • Contact for pricing

      Herndon Chestnut Office Complex

      Proposed office building in Herndon Medical Corridor, Fresno, CA.
      2471 E Fir Ave, Fresno, CA 93720
      View Details
    • Contact for pricing
      9,505 SF

      Medical Office Building For Sale

      Fully leased medical office building in Meridian Professional Center.
      7085 N Maple Ave, Fresno, CA 93720
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Herndon Avenue Commercial Land Available

      Anchor and street pads available at Herndon and Fresno.
      Sec Herndon Ave. & Fresno St, Fresno, CA 93720
      View Details
    • Contact for pricing

      Premier Plaza Retail Opportunity

      Located in the prestigious Woodward Park area near River Park.
      Sec 1 St & Nees Ave, Fresno, CA 93720
      View Details
    • Contact for pricing
      4,104 SF

      Woodward Village Retail Spaces

      Fresno shopping center, 3 units available.
      0 Fresno Ca, Fresno, CA 93720
      View Details
    • Contact for pricing
      1,811 SF

      Retail Space in Fresno Center

      Retail space available in high-traffic Fresno shopping center.
      8070-8084 N Cedar Ave, Fresno, CA 93720
      View Details
    • Contact for pricing
      13,000 SF

      Land For Lease in Fresno

      Proposed shopping center land for lease at Herndon & First.
      N 1St St, Fresno, CA 93720
      View Details
    • Contact for pricing
      1,615 SF

      Retail/Restaurant Space in Villaggio Center

      Retail and restaurant space for lease in Fresno's River Park.
      7945-7959 N Blackstone Ave, Fresno, CA 93720
      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.
    7184-7198 Abby St
    Fresno, CA 93720
    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
    7184-7198 Abby St, Fresno, CA, 93720
    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!