Property profile

0 Herndon Ave Fresno, CA 93722

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional 0.94-acre parcel (APN 501-043-31) in Fresno, CA (93722), is zoned Community Commercial (CC) and offers a prime opportunity for development. Located just north of the northwest corner of West Herndon and North Blythe Avenues, this site boasts approved building plans for a 6,500 square foot building and a 3,500 square foot building, with building permits already secured for the smaller building. The property is construction-ready, featuring a completed site and grading plan. Utilities are conveniently located along Spruce Avenue, and curb and gutter are already installed. This versatile land is ideal for executive, medical, or traditional office space, providing unparalleled convenience with nearby dining, banking, and shopping. The asking price is $950,000. This is a rare opportunity to acquire a fully permitted and ready-to-build site in a thriving Fresno location. The property's location offers easy access to essential services and amenities, making it an attractive investment for businesses seeking a strategic and convenient location.

Property profile

Verified
Property type Office Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Herndon Ave Fresno, CA 93722
Fresno metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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