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Property profile & analytics
OFF-MARKET Estimated value $1,935,000
Medical Office Space

1275 Spruce Ave Fresno, CA 93720-3372

12,912 SF 1.14 ac lot Built 2005
Entity Owned Free & Clear
Property ID
US09-5535775
Property summary
AI-generated overview

Exceptional 12,912 square foot Class A medical office building located at 1275 E. Spruce Ave, Fresno, CA 93720. This single-story, 2005-built property sits on a 1.14-acre lot and offers abundant surface and subterranean parking. The building is zoned for office use by the City of Fresno and features a highly visible monument sign. Its ideal location in North Fresno places it within close proximity to major medical facilities including Kaiser Permanente, St. Agnes Medical Center, and Fresno Heart and Surgical Hospital. The asking price is $5,358,480, translating to $415 per square foot. This is a rare owner-user opportunity for a medical practice seeking a move-in ready space with ample room for growth. The property's multi-tenant configuration provides flexibility, and its modern design and functionality make it an attractive investment. The APN is 404-560-05. This presents a unique chance to acquire a premier medical office building in a thriving Fresno location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2005
Construction WOOD
Total area 12,912 SF
Lot 1.14 ac (49,658 SF)
Zoning code O
APN 404-560-05
UPID US09-5535775
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Spruce Multispecialty Group Medical Clinic
  • Fresno International Travel Medical Clinic
  • Dr. Abbas Bazzy ND Physician Alternative Medicine Practice
  • The Golden Center for Integrative Medicine Medical Clinic
  • Quest Diagnostics Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.95M
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.94M
Owner & transaction history
G G L G LLC
G G L G LLC
Zoning & alternative use
O · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

O: Provides sites for administrative, financial, business, professional, medical, & public offices BP / RBP: Provides campus-type office professional environments & technology development IL: Provides areas for a diverse range of light industrial uses (research, development, fabrication, etc.) IH: Broadest range of industrial uses that are essential to the d…

Zone name Office
General category COMMERCIAL
Zone area 1,374.39 ac
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