0 Herndon Ave Fresno, CA 93650
This exceptional investment opportunity presents a turnkey, 4,960 square foot freestanding child care center in Fresno, CA. Boasting a 107-child license (77 daycare, 30 infant care), this established business enjoys a strong reputation within the community, requiring zero advertising. Located on a 0.81-acre lot fronting an arterial road, the property features two large gated playgrounds and a comprehensive video camera system. The current Net Operating Income (NOI) is $152,000, representing an 8.69% cap rate on the asking price of $1,749,998 ($352.82/sq ft). Financials are based on projected pro forma. The sale includes both the real estate and the thriving business, offering the potential for increased revenue and tuition. The property is designed for ease of operation, even as an absentee owner. This is a rare opportunity to acquire a profitable, well-established child care center with significant growth potential in a desirable location. The single-story building is well-maintained and ready for immediate operation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.