1461 Blackstone AveFresno, CA 93728

Property Details for 1461 Blackstone Ave

Year built

1956

Construction

TILT-UP CONCRETE

Lot size

0.43 AC

Property size (Sq ft)

4,560 SF

Zone code

NMX

Property type

Retail properties

Property subtype

Retail space

APN

451-134-16

APU

45113416

Description

This exceptional 4,560-square-foot freestanding flex space is ideally situated on Fresno's bustling Blackstone Avenue corridor. Boasting a prominent location amongst established businesses like Mission Auto Sales, O'Reilly Auto Parts, and West Coast Wheels & Tires, this property offers unparalleled visibility and accessibility. The building, constructed in 1956, sits on a sizable 18,730-square-foot lot, fully fenced for enhanced security and privacy. The entire 4,560 square feet is currently vacant and ready for immediate occupancy. The property's Neighborhood Mixed Use zoning allows for a variety of retail or automotive uses, providing flexibility for diverse business needs. This single-tenant building presents a unique opportunity to establish a strong presence in a high-traffic area with excellent neighboring businesses. The property's location ensures high visibility and easy access for customers and employees alike. The ample lot size offers potential for expansion or additional parking. The APN is 451-134-16. This is a rare opportunity to acquire a well-located, versatile property in a thriving Fresno commercial district. The property is zoned for Neighborhood Mixed Use, offering flexibility for a range of businesses. Don't miss this chance to secure a prime location on Blackstone Avenue.

• CAP approach

  CAP return

  Valuation

  6%

  $950,288

  6.5%

  $877,189

  7%

  $814,532

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,525,919

  Geo Method

  $3,205,010

• Alternative Use

  Use

  Valuation

  Residential

  $739,942

  Hospitality

  $677,782

  Educational

  $563,907

  Medical

  $583,301

  Retail

  $877,189

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.7626

Longitude

-119.791

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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