6700 1St StFresno, CA 93710

Property Details for 6700 1St St

Year built

1980

Construction

WOOD

Lot size

1.21 AC

Property size (Sq ft)

14,140 SF

Zone code

O

Property type

Healthcare properties

Property subtype

Medical offices

APN

408-140-29

APU

40814029

Description

This exceptional 14,140 square foot medical office complex, located at 6700 N. First Street, Suites 101-119, Fresno, CA 93710, presents a unique investment opportunity. The property consists of eleven units spread across three single-story buildings, totaling 14,140 square feet on a 52,707 square foot lot (APN 408-140-29). Built in 1988, the Class C building features a Modified Lease type and multi-tenancy. The property is zoned O (Office) and enjoys a highly desirable location at the southeast corner of First Street and Warner Avenue, just south of Herndon Avenue. Its strategic position offers convenient access to Highway 41 on/off ramps, placing it within easy reach of major transportation arteries. Furthermore, the complex benefits from its proximity to prominent healthcare providers, including Saint Agnes Medical Center and Kaiser Permanente. The surrounding area provides ample amenities, including nearby restaurants, shopping centers, and banking facilities, enhancing the property's appeal to both tenants and investors. Detailed income and expense information is available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $3,103,521

  6.5%

  $2,864,788

  7%

  $2,660,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,079,170

  Geo Method

  $3,943,788

• Alternative Use

  Use

  Valuation

  Residential

  $3,552,338

  Hospitality

  $3,253,922

  Educational

  $2,707,225

  Medical

  $2,800,331

  Retail

  $4,211,239

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.8359

Longitude

-119.772

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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