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2801 Blackstone Ave Fresno, CA 93703-1001

OFF-MARKET Office buildings Google Maps
6,866 SF 0.4 ac lot Built 1957
Individually Owned 23-yr Hold ~ Est. High Equity
Estimated value (blended)
$330k
Range $297k – $363k (±10%)
Property ID US09-2557679

Property summary

AI-generated overview

This exceptional 6,866 square foot office building is strategically located in Fresno, California, at 2801 N Blackstone Avenue, offering unparalleled convenience and visibility. Situated just off Highway 41, near the intersection of Blackstone and Princeton Avenues, and in close proximity to Manchester Mall, this property enjoys high traffic counts and excellent accessibility. The building boasts nine individual office suites, each thoughtfully designed for optimal functionality and comfort. Each suite includes its own private bathroom, a significant advantage for tenants seeking privacy and convenience. Furthermore, each suite benefits from separately metered utilities, allowing for precise cost control and transparency. Parking is abundant, featuring a combination of covered parking spaces and a large, fenced-in parking area located behind the building, ensuring ample space for tenants and their clients. The diverse range of office suite sizes, encompassing both large and small options, provides exceptional flexibility to accommodate businesses of varying sizes and needs. This makes the property an ideal investment opportunity for a variety of professional uses. The 0.4-acre lot provides ample space and potential for future expansion or development. This property presents a rare opportunity to acquire a well-maintained, highly visible office building in a thriving Fresno location. The combination of prime location, ample parking, and versatile office suites makes this an exceptional investment.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1957
Construction WOOD
Total area 6,866 SF
Lot 0.4 ac (17,424 SF)
Zoning code RS5
APN 443-184-20
UPID US09-2557679

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
  • Tax Preparation

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2003
3 recorded transactions
2003
$275,000
1978
$205,000
1969
Price N/A

Zoning & alternative use

RS5 · Fresno, CA

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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