222 Shaw Ave Fresno, CA 93704-2644
- Medical Office Space
- 5,928 SF
- 0.54 lot acres
Nov 28, 2024
Current Use by Public Records
- Igor F. Huljev, DC / Alternative Medicine Practice
- Unguez Francisco T MD / Physician
- Granillo William A / Employment Agency
Property Details for 222 Shaw Ave
- Year built
- 1966
- Construction
- WOOD
- Lot size
- 0.54 lot acres
- Property size
- 5,928 SF
- Zone code
- CMX
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 417-333-19
- APU
- 41733319
Description
This exceptional 5,979 square foot single-tenant office building is ideally situated at 222 W. Shaw Avenue in Fresno, California, 93704. The property boasts a prime location at the northwest corner of Shaw and Del Mar Avenues, conveniently positioned just west of Blackstone Avenue. This traditional office building offers a unique opportunity for a single occupant seeking a substantial and well-located space. The building's single-tenant occupancy ensures a streamlined and efficient operational environment. The address is easily accessible and benefits from high visibility due to its prominent corner location. The building's size provides ample room for a variety of office configurations, catering to businesses requiring significant space for operations and staff. Further details regarding the internal layout and features are available upon request. This property presents a compelling investment opportunity for businesses seeking a substantial and strategically located office space in a thriving Fresno neighborhood. The property's location offers excellent access to major thoroughfares, providing convenient commuting options for employees and clients. This is a rare opportunity to acquire a substantial, single-tenant office building in a highly desirable Fresno location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,345,000
- 6.5%
- $1,240,000
- 7%
- $1,150,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,113,000
- AI Estimate
- $843,000
Market price range: $729k - $1.75MMarket price range: $420k - $1.23M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,190,000 Current use
- COMMERCIAL (GENERAL)
- $2,060,000 Change: +73% Conversion: Easy
- RESTAURANT
- $1,395,000 Change: +17% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.795
- Latitude
- 36.8089
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA
