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Property profile & analytics

1405 Van Ness Ave Fresno, CA 93728-1938

  • Retail space
  • 9,250 SF
  • 0.29 lot acres
OFF-MARKET
Last Sale
Sep 11, 2024
Value Estimations
$325,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US09-2592539
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

  • Chase Flower Shop / Florist

Property Details for 1405 Van Ness Ave

Year built
1937
Construction
TILT-UP CONCRETE
Lot size
0.29 lot acres
Property size
9,250 SF
Zone code
CMS
Property type
Retail space
APN
451-121-10
APU
45112110

Description

This exceptional investment opportunity presents a fully leased 9,250 square foot retail building situated on a 0.29-acre lot at 1405 N Van Ness Avenue, Fresno, CA. The property boasts excellent visibility and high traffic counts due to its prime location within a thriving retail corridor and proximity to established neighborhoods. The building comprises three versatile retail spaces and one substantial warehouse space, offering diverse income streams and potential for future expansion. A significant advantage is the inclusion of a shared private parking lot providing ample parking for tenants and customers, exceeding 20 stalls. This strategic location offers easy access to major freeways, enhancing convenience and accessibility. The property's strong tenant occupancy ensures a consistent rental income stream, making it an attractive proposition for investors seeking a high-performing asset in a desirable Fresno location. The building's size, layout, and location combine to create a compelling investment opportunity with significant potential for long-term growth and return. This is a rare chance to acquire a cornerstone property in Fresno's dynamic retail market. The asking price is $835,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $300,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $347,000
    Market price range: $347k - $916k

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


Location Insight

  • Map
  • Local Demand
City
Fresno
County
Fresno
State
California
Longitude
-119.799
Latitude
36.7615
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
$3,308
$56,100
$192,172
$248,272
-
$0.00
$0.00
$0.00
More about this property
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