Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Sec Blackstone Ave. & Dakota Ave Fresno, CA 93704

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Sec Blackstone Ave. & Dakota Ave Fresno, CA 93704

    View on Map
    • Neighborhood centers
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 0 Sec Blackstone Ave. & Dakota Ave

    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional retail opportunity is located in Fresno, California's thriving Manchester North Shopping Center. The property offers four available spaces ranging from 2,282 to 10,683 square feet, perfect for a variety of retail businesses. Situated in Fresno County, at the intersection of Blackstone Avenue and Dakota Avenue, this strip center benefits from high visibility and convenient access. The center enjoys a strong tenant mix, including national brands such as Dollar Tree, Planet Fitness, Subway, Hometown Buffet, and Grifols. Its strategic location is further enhanced by proximity to major freeways (Freeway 41 on/off ramps are less than three-quarters of a mile away, both north and south of the center). The center is also adjacent to a Sears and other national retailers including Regal Cinemas, Avenue, and several popular food and beverage establishments. A dense concentration of additional retail and restaurant options, including Grocery Outlet, Von's, Pep Boys, and several fast-food chains, are located within a half-mile radius, ensuring high foot traffic and customer accessibility. The minimum divisible space is 2,282 square feet, with a maximum contiguous space of 2,341 square feet. This prime location offers significant potential for growth and success in a bustling commercial area. The zip code is 93704.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.806
    Latitude
    36.7757

    Comparable in this City

    • Value Estimation by Request
      46,397 SF

      Swc Blackstone & San Jose Avenues

      Neighborhood centers • 46,397 SF
      0 Swc Blackstone & San Jose Avenues, Fresno, CA 93704
      View Details
    • Value Estimation
      $1,040,000
      45,939 SF

      732 Bullard Ave

      SHOPPING CENTER, STRIP CENTER • 45,939 SF
      732 Bullard Ave, Fresno, CA 93704-1610
      View Details
    • Value Estimation
      $1,175,000
      32,292 SF

      5747 Palm Ave

      SHOPPING CENTER, STRIP CENTER • 32,292 SF
      5747 Palm Ave, Fresno, CA 93704-1843
      View Details
    • Value Estimation by Request
      1,938 SF

      680 Shaw Ave

      Power centers • 1,938 SF
      680 Shaw Ave, Fresno, CA 93704
      View Details
    • Value Estimation by Request

      Nec Shaw & Maroa Avenues

      Office Units
      0 Nec Shaw & Maroa Avenues, Fresno, CA 93704
      View Details
    • Value Estimation by Request
      1,500 SF

      4565 Blackstone Ave

      Office properties & Spaces • 1,500 SF
      4565 Blackstone Ave, Fresno, CA 93704
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,219 SF

      Freestanding Office/Retail Building in Fresno

      Freestanding office/retail building with SBA owner/user opportunity.
      2971 N Maroa Ave, Fresno, CA 93704
      View Details
    • Contact for pricing
      10,780 SF

      Retail Space on Shaw Avenue

      Retail space with drive-thru infrastructure in high-traffic location.
      590 E Shaw Ave, Fresno, CA 93704
      View Details
    • $59,000
      1,200 SF

      Retail Space in Fresno, CA

      Retail property for sale in Fresno, California, 1200 square feet.
      3131 N Maroa Ave, Fresno, CA 93704
      View Details
    • $540,000
      2,252 SF

      Fresno Triplex Investment Opportunity

      Triplex on a single lot in a high-demand location.
      1250 E Vassar Ave, Fresno, CA 93704
      View Details
    • $109,000
      0.18 Acres

      Corner Lot in Central Fresno

      Spacious corner lot with development potential in central Fresno.
      3606 N College Ave, Fresno, CA 93704
      View Details
    • $375,000
      1,730 SF

      Fresno Triplex with Garage

      Triplex near Fresno City College with garages and patios.
      805 E Andrews Ave, Fresno, CA 93704
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Premier Lifestyle Shopping Center Space

      Upscale retail and office spaces in Fig Garden Village.
      680 W Shaw Ave, Fresno, CA 93704
      View Details
    • Contact for pricing
      8,180 SF

      Retail Space in Renovated Center

      Prime retail opportunity in Fresno's high-traffic shopping center.
      100 W Shaw Ave, Fresno, CA 93704
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space in Fresno, CA

      Retail property with 4,086 square feet available for lease.
      775 E Shaw Ave, Fresno, CA 93704
      View Details
    • Contact for pricing
      7,500 SF

      Retail Space in Vineyard Center

      Shopping center space with planned renovation and expansion.
      50 W Shaw Ave, Fresno, CA 93704
      View Details
    • Contact for pricing
      2,500 SF

      Remodeled Shopping Center Retail Space

      Newly remodeled shopping center in North Fresno with ample parking.
      741-783 E Barstow Ave, Fresno, CA 93704
      View Details
    • Contact for pricing

      Country Plaza Shopping Center Space

      Located at Blackstone & San Jose Avenues, Fresno, CA.
      Swc Blackstone & San Jose Avenues, Fresno, CA 93704
      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.
    Sec Blackstone Ave. & Dakota Ave
    Fresno, CA 93704
    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!