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Property profile & analytics

1503 Shields Ave Fresno, CA 93704-5140

  • Retail space
  • 3,650 SF
  • 0.26 lot acres
OFF-MARKET
Last Sale
Oct 23, 2024
$410,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US09-0569295
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

  • The Cave Rehersal Studios / Rehearsal Studio
  • Rock Fuzion Music School / Music School
  • Cave Fresno / Recording Studio

Property Details for 1503 Shields Ave

Year built
1948
Construction
TILT-UP CONCRETE
Lot size
0.26 lot acres
Property size
3,650 SF
Zone code
RMX
Property type
Retail space
APN
435-334-13
APU
43533413

Description

This exceptional 3,600 square foot convenience store, located at 1503-1505 E. Shields Avenue in Fresno, California, presents a compelling owner-user opportunity. Priced at $525,000 ($145.83 per square foot), this freestanding property boasts a prime corner location at the intersection of Shields and Maroa Avenues, just one block west of Blackstone Avenue. The building benefits from excellent street visibility on Shields Avenue, a major thoroughfare. Its convenient location offers easy access to Freeway 41, ensuring high traffic flow and potential for increased customer base. The property's current configuration provides ample space for a thriving convenience store operation, with significant upside potential for expansion or modification to suit a variety of retail uses. The zip code is 93704, and the property is situated in Fresno County. This is a rare opportunity to acquire a well-positioned retail space in a high-demand area. The property's strong location and potential for growth make it an attractive investment for both owner-operators and investors seeking a stable, high-return asset.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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


Location Insight

  • Map
  • Local Demand
City
Fresno
County
Fresno
State
California
Longitude
-119.793
Latitude
36.7798
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
$3,998
$64,853
$237,461
$302,314
-
$0.00
$0.00
$0.00
More about this property
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