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30 E Herndon Ave, Fresno, CA 93720
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Property summary
AI-generated overview
Riverpoint Shopping Center offers exceptional retail leasing opportunities in Fresno, California. Located at 30 E Herndon Ave, at the northeast corner of Blackstone and Herndon Avenues, this shopping center presents four available spaces, ranging from 1,050 square feet to 2,100 square feet. Spaces 5 through 8 are particularly noteworthy, offering the flexibility of individual leasing or a combined total of approximately 5,520 square feet. This prime location within Fresno County provides excellent visibility and accessibility for businesses seeking a thriving retail environment. The property is categorized as a multi-tenant shopping center, ideal for a variety of retail concepts. The address is precisely 30-32 E. Herndon Ave, Fresno, CA 93720. This presents a unique chance to establish or expand a retail presence in a high-traffic area of Fresno. The property's convenient location and flexible space options make it an attractive proposition for businesses of various sizes and types. Interested parties are encouraged to inquire about lease terms and availability.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1978
Construction
TILT-UP CONCRETE
Total area
29,955 SF
Lot
2.65 ac (115,434 SF)
Zoning code
C6
APN
303-170-54
UPID
US09-2765797
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
-
Restaurant
-
Restaurant
-
Restaurant Take-out & Catering
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$980k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$982k
Blend (final)
Blend
$980k
Owner & transaction history
since 2005
7 recorded transactions
Zoning & alternative use
C6 · Fresno, CA
Top alternative use upside
Warehouse, storage
$1.4M
+100.5%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$980k
Value range
$882k – $1.08M
±10% around blend
Estimated value / SF
$33 / SF
Confidence
Property data
100
Comparable evidence
60
$882k
blend $980k
$1.08M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
29,955 SF
Lot area
2.65 ac
Year built
1978
Stories
1
APN
303-170-54
Zoning
C6
Assessed value
$5,200,000
Annual tax
$63,274
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$982k
Range $492k – $982k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$980k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+101%
vs current-use indication
Neighborhood: Shopping Center · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.20M
Move the market yield to see immediate price impact.
Value / SF
$174
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$328k
$6.55M
$4.68M
$3.64M
$364k
$7.28M
$5.20M
$4.04M
$400k
$8.01M
$5.72M
$4.45M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$63,274
Tax year 2023
Assessed value
$5,200,000
Assessed 2023
Previous assessed
$5,200,000
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,300,000
Assessed improvement
$2,900,000
Applied tax rate
5.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
29,955 SF
Lot
2.65 ac (115,434 SF)
Zoning code
C6
APN
303-170-54
UPID
US09-2765797
Jurisdiction
FRESNO
Zoning & alternative use
C6 · Fresno, CAZoning C6 · permitted uses
C6 · Fresno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
2.65 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
C6
Jurisdiction
Fresno, CA
Recorded code
C6
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C6 in Fresno, CA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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