3907 Belmont AveFresno, CA 93702

Property Details for 3907 Belmont Ave

Year built

1960

Construction

WOOD

Lot size

0.23 AC

Property size (Sq ft)

902 SF

Zone code

NMX

Property type

Retail properties

Property subtype

Auto shops

APN

454-294-22

APU

45429422

Description

This exceptional 902-square-foot retail property, situated on a sizable 0.23-acre corner lot in Fresno, California, presents a rare investment opportunity. Located at 3907 E Belmont Avenue, the property boasts high visibility and ample parking due to its large fenced and gated lot. Currently operating as a smog inspection station, the building features two front roll-up doors and two additional roll-up doors at the rear, providing excellent access for vehicles. The sale includes a dynamometer, ideally positioned within the space, leaving ample room for additional automotive services such as repairs or detailing. The property also includes a well-appointed office area complete with a private bathroom, offering convenient workspace for administrative tasks. The strategic location on East Belmont Avenue ensures high traffic volume and excellent exposure for any business. This versatile property is perfect for a variety of automotive-related uses or adaptable to other retail ventures. The asking price is $430,000. This is a unique chance to acquire a well-established business location with significant potential for growth and expansion. Don't miss this opportunity to own a prime piece of Fresno commercial real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $187,974

  6.5%

  $173,514

  7%

  $161,120

• Comparable approach

  Method

  Valuation

  Relative Method

  $301,837

  Geo Method

  $633,974

• Alternative Use

  Use

  Valuation

  Residential

  $146,366

  Hospitality

  $134,070

  Educational

  $111,545

  Medical

  $115,381

  Retail

  $173,514

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.7508

Longitude

-119.759

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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