Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5275 Ensanada Ave Fresno, CA 93723

    • Specialty properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 5275 Ensanada Ave

    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional 19,761 square foot lot, located at 5275 N Ensanada in Fresno, California, presents a unique opportunity for development. Zoned RM2, this expansive property offers significant potential for various commercial or industrial uses. The asking price is $175,000. Its strategic location provides easy access to Highway 99, ensuring seamless connectivity to major transportation routes. Furthermore, the property enjoys proximity to The Marketplace at El Paseo Shopping Center, offering convenient access to retail amenities and services. This presents a rare chance to build a custom structure tailored to specific needs, whether it's a manufacturing facility, commercial building, or other special purpose development. The lot's size and zoning regulations allow for a wide range of possibilities, making it an attractive investment for those seeking a prime location in a thriving area of Fresno, CA, zip code 93723. The property is situated in Fresno County and offers a blank canvas for realizing ambitious construction projects. This is a remarkable opportunity to acquire a substantial lot in a desirable location with excellent access to key infrastructure and amenities. Don't miss this chance to build your vision in a prime Fresno location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.904
    Latitude
    36.812

    Comparable in this City

    • Value Estimation by Request
      18,180 SF

      5242 Garfield Ave

      Churches & religious facilities • 18,180 SF
      5242 Garfield Ave, Fresno, CA 93723
      View Details
    • Value Estimation by Request
      6,240 SF

      6176 Grantland Ave

      CHARITABLE ORGANIZATION • 6,240 SF
      6176 Grantland Ave, Fresno, CA 93723-9334
      View Details
    • Value Estimation
      $1,720,000
      191,418 SF

      3636 Grantland Ave

      FOOD PACKING, PACKING PLANT • 191,418 SF
      3636 Grantland Ave, Fresno, CA 93723-8901
      View Details
    • Value Estimation
      $2,055,000
      51,456 SF

      3025 Chateau Fresno Ave

      FOOD PACKING, PACKING PLANT • 51,456 SF
      3025 Chateau Fresno Ave, Fresno, CA 93723-8934
      View Details
    • Value Estimation
      $695,000
      30,317 SF

      4466 Dower Ave

      FOOD PACKING, PACKING PLANT • 30,317 SF
      4466 Dower Ave, Fresno, CA 93723-9649
      View Details
    • Value Estimation by Request
      21.49 Acres

      6785 Barstow Ave

      Mixed-use properties • 21.49 Acres
      6785 Barstow Ave, Fresno, CA 93723
      View Details

    Similar Nearby for Sale

    • $5,225,000
      116.22 Acres

      Prime Fresno Almond Orchard

      116 Acres, River Views, Turnkey
      5923 Biola Ave, Fresno, CA 93723
      View Details
    • $10,000,000
      21.49 Acres

      Prime Fresno Commercial Land

      21.49 Acres, Mixed-Use Potential
      6785 Barstow Ave, Fresno, CA 93723
      View Details
    • Contact for pricing
      17.34 Acres

      Fresno Residential Land - 17 Acres

      Prime residential land, Fresno, CA. Excellent location.
      0 Bryan Ave, Fresno, CA 93723
      View Details
    • $4,030,400
      Pending

      Fresno Land For Sale

      18.32 acre commercial land available in Fresno, California.
      Shaw Ave, Fresno, CA 93723
      View Details
    • $1,349,800
      39.70 Acres

      Fresno County Vineyard - 39.7 Acres

      Prime Thompson Vineyard, Irrigation, Barn
      5835 Rolinda Ave, Fresno, CA 93723
      View Details
    • $4,160,200
      Pending

      Fresno Commercial Land Available

      18.91 acres of commercial land for sale in Fresno.
      6518 W Shaw Ave, Fresno, CA 93723
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land for Rent Fresno

      Land available for rent in Fresno, California.
      N Hayes Ave, Fresno, CA 93723
      View Details
    • Contact for pricing

      Land for Rent Fresno

      Land available for rent at 6050 Belmont Ave, Fresno, CA.
      6050 Belmont Ave, Fresno, CA 93723
      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.
    5275 Ensanada Ave
    Fresno, CA 93723
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!