Technical
Financial
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Property profile

2627 N Blackstone Ave Fresno, CA 93703

FOR SALE
Automotive properties
Property ID
US09-2331317
2,734 SF 1.8 ac lot Built 1968
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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2627 N Blackstone Ave, Fresno, CA 93703 For Sale
Contact for pricing 2,734 SF
2627 N Blackstone Ave, Fresno, CA 93703
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 2,734 square foot, multi-tenant retail property ideally situated at the northwest corner of Blackstone and Harvard Avenues in Fresno, California. The property, built in 1968, sits on a 1.8-acre lot (78,408 square feet) and boasts 100% occupancy. Currently operating as an auto dealership, the property benefits from its high visibility and strategic location. It's within one mile of Manchester Center Mall and Fresno City College, and a half-mile from the 41 Freeway (Shields Avenue) on/off ramps. The property is zoned NMX (Neighborhood Mixed Use), offering flexibility for future development or continued operation as an auto dealership. The single-story building comprises 2,734 square feet and is situated on a large lot, providing ample space for expansion or additional uses. The property's prime location and strong occupancy make it an attractive investment for both owner-users and investors seeking a stable, high-return asset. The Assessor's Parcel Number (APN) is 443-262-06, Fresno County. This is a price-reduced offering.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1968
Construction WOOD
Total area 2,734 SF
Lot 1.8 ac (78,408 SF)
Zoning code NMX
APN 443-262-06
UPID US09-2331317

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
  • Car Dealership
  • Car Dealership
  • Car Dealership

Location

2627 N Blackstone Ave Fresno, CA 93703
Fresno metro Census 3500 FRESNO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$675k
Blend (final) Blend
$615k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2012
Price N/A
2009
Price N/A
2005
$3.1M
2004
Price N/A
1996
Price N/A
1996
$425,000

Zoning & alternative use

NMX · Fresno, CA
Zoning description

Single Unit Dwelling, Attached | Multi-Unit Residential NMX,* CMX,* RMX* Adult Family Daycare, Small (6 clients or less) & Large (7-12 clients) NMX,* CMX* Elderly & Long-Term Care NMX* Family Daycare, Small (8 children o…

General category MIXED_USE
Top alternative use upside
Commercial (general) $950,000 +120.3%
Medical building $550,000 +27.5%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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