Property summary
This exceptional 14,400 square foot Class B medical office building presents a unique owner-user opportunity in a highly desirable North Fresno location, just south of Herndon Avenue. Currently at 48.08% occupancy, this multi-tenant property offers significant potential for growth and income. The building features convenient covered parking and prominent monument signage for enhanced visibility and accessibility. An elevator provides easy access to the second floor. The flexible layout allows for tenant improvements to customize the space to meet specific needs. Zoned for office use ("O"), this 0.63-acre lot provides ample space. The asking price is $2,950,000, translating to $204.86 per square foot. The lease type is modified, offering flexibility for the new owner. This property represents a rare combination of functionality and prime location, making it an ideal investment for both owner-users and investors seeking a strong return. The building's location in Northeast Fresno ensures high visibility and easy access for patients and staff. The potential for increased occupancy and rental income makes this a compelling opportunity in a thriving market. This is a hard-to-find medical office building with significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Physician
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Physician
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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