1046 Blackstone Ave Fresno, CA 93701
This exceptional investment opportunity presents two freestanding retail automotive buildings totaling approximately 935 square feet, situated on a prominent 0.362-acre lot at 1046 N Blackstone Ave, Fresno, CA 93701 (APN: 452-064-12). Currently vacant, this property offers significant potential for owner-users or investors. The buildings comprise a ±720 square foot service building featuring a wide-open area, one roll-up door, and a private restroom, and a ±215 square foot turnkey office equipped with HVAC and heavy power. The property boasts a functional floor plan, ample parking for over 150 cars, exterior storage, and a restroom within the main building. Multiple access points are available from the front, and the entire lot is fully gated with front, side, and rear access. The property benefits from excellent visibility and high traffic counts due to its location on Blackstone Avenue, a major Fresno retail corridor, minutes from Highway 180, generating an estimated 150,819 cars daily. The property is zoned NMX - Neighborhood Mixed Use, and while prime for cannabis retail, it's located over 800 feet from any exclusion zones. The asking price is $359,000 ($383.96/sq ft). A "Fast Pass Motors" license/business is also available. This property presents a strong SBA loan candidate with a 10% down payment. The property includes a billboard with potential for additional lease income.
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 Sale
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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.