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Property profile & analytics

1220 Olive Ave Fresno, CA 93728-3600

  • Office buildings
  • 2,375 SF
  • 0.32 lot acres
OFF-MARKET
Last Sale
Jul 27, 2022
$475,000
Value Estimations
$545,000
Show details
Cap Rate Potential
6.4%
Office buildings
Location Intelligence
Property ID
US09-0094326
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Schwin Law, PC / Employment Attorney

Property Details for 1220 Olive Ave

Year built
1966
Construction
WOOD
Lot size
0.32 lot acres
Property size
2,375 SF
Zone code
CMS
Property type
Office buildings
APN
452-044-12
APU
45204412

Description

This exceptional 2,375-square-foot Class A office space is ideally situated in Fresno's vibrant Tower District at 1220 E Olive Ave, at the corner of Olive Ave and Poplar Ave. The single-tenant suite, previously occupied by a law firm, boasts high-end finishes including tile, glass, and stucco. The layout includes six private offices, an eight-person conference room, a convenient kitchenette, a reception/waiting area, and a restroom. High-quality finishes are evident throughout. The property features multiple access points and a private parking lot in the rear, supplementing ample street parking. The 0.32-acre lot is zoned CMS (Commercial - Main Street), offering flexibility for various professional uses, including legal, medical, or other office-based businesses. Its prime location offers easy access to major freeways (HWY-99, 41, & 180) and is just minutes from the County Courthouse and City Hall in downtown Fresno. Built in 1966, this single-story building provides a prestigious and functional workspace. The APN is 452-044-11. This is a rare opportunity to secure a well-appointed office suite in a highly desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $580,000
    ML approach
    $515,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $625,000
    6.5%
    $575,000
    7%
    $535,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $386,000
    Market price range: $176k - $386k
    AI Estimate
    $356,000
    Market price range: $155k - $356k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $825,000
    MEDICAL BUILDING
    $475,000
    AUTO REPAIR, GARAGE
    $365,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Fresno
County
Fresno
State
California
Longitude
-119.796
Latitude
36.7575
CBSA code
23420
CBSA name
FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,253
$115,000
$360,000
$475,000
-
$0.00
$0.00
$0.00
More about this property
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