Current Use by Public Records
- Warehouses
Property Details for 2428 West Ave
- Lot size
- 6.93 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional Fresno, CA industrial property presents a compelling investment opportunity. The 12,000 square foot warehouse, classified as Class B, sits on a substantial 6.93-acre lot (APN: 477-080-20, 477-080-21, 477-080-22, 477-080-23, 477-080-24, 477-080-34, 477-080-35) and is zoned for Light Industrial (IL) use. The property boasts multiple income streams, including a pallet company ($3,400/month), a truck repair shop ($4,400/month), a truck driving school ($1,800/month), and 85 paved truck parking spaces generating $200/month each. The warehouse itself includes shop and office space, plus a fully equipped condo with kitchen and bathroom. The property is fully paved, gated, and fenced, providing security and ample space for large vehicles. This multi-tenant, gross lease property is offered at $4,100,000 with a 6.50% cap rate. Its prime location in Fresno, CA (93706), makes it highly accessible for trucking and logistics businesses. This is a rare chance to acquire a well-established, income-generating industrial asset with significant potential for future growth. The property's strong tenant base and secure design offer both immediate returns and long-term value.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.827
- Latitude
- 36.7129
