Property profile

1921 Belmont Ave Fresno, CA 93701

OFF-MARKET
Commercial real estate
Property ID
US09-1953861
22,576 SF 1.4 ac lot Built 1968
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Property summary

AI-generated overview

This exceptional 22,576 square foot property, situated on a 1.4-acre lot at 1921 Belmont Avenue in Fresno, California, presents a unique investment opportunity. Conveniently located near Highway 168 and approximately 3.5 miles from Fresno Yosemite International Airport, this building offers unparalleled accessibility. Originally designed as a church, the property boasts a large sanctuary with a seating capacity of 440, making it ideal for a variety of commercial uses. The versatile layout includes over ten office spaces, perfect for a growing business or multiple tenants. Two one-bedroom, one-bathroom apartments provide additional income potential or housing for on-site staff. A dedicated daycare area, two kitchens, and five bathrooms cater to diverse needs. A janitorial room and ample parking with over 70 spaces ensure convenience and functionality. The property's size and location, combined with its adaptable interior, make it an attractive prospect for a wide range of commercial ventures. This is a rare opportunity to acquire a substantial property in a prime Fresno location with significant potential for redevelopment and high return on investment. The asking price is $3,995,000.

Property profile

Verified
Property type Commercial real estate
Year built 1968
Total area 22,576 SF
Lot 1.4 ac (60,984 SF)
UPID US09-1953861

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Auto Parts Store

Location

1921 Belmont Ave Fresno, CA 93701
Fresno metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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