Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3776 Ashcroft Ave Fresno, CA 93722-4257

    • Warehouses
    • 4,955 SF
    • 0.32 lot acres
    OFF-MARKET
    Last Sale
    Nov 27, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-5201228
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Fresno Ventures / Financial Advisor
    • Enver Solar / Production Facility
    • Elite Cabinet Fabrication / General Contractor / Renovation Specialist

    Property Details for 3776 Ashcroft Ave

    Year built
    2015
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.32 lot acres
    Property size
    4,955 SF
    Zone code
    IL
    Property type
    Warehouses
    APN
    424-700-03S
    APU
    42470003S

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.861
    Latitude
    36.7989
    CBSA code
    23420
    CBSA name
    FRESNO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,067
    $117,825
    $306,350
    $424,175
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,000 SF

      3223 Lansing Way

      WAREHOUSE, STORAGE • 2,000 SF
      3223 Lansing Way, Fresno, CA 93722-4917
      View Details
    • Value Estimation
      $8,070,000
      63,250 SF

      2455 Marks Ave

      MINI-WAREHOUSE, STORAGE • 63,250 SF
      2455 Marks Ave, Fresno, CA 93722-5217
      View Details
    • Value Estimation
      $1,890,000
      17,020 SF

      4057 Belmont Ave

      WAREHOUSE, STORAGE • 17,020 SF
      4057 Belmont Ave, Fresno, CA 93722-5806
      View Details
    • Value Estimation by Request
      1,908 SF

      3236 Belmont Ave

      WAREHOUSE, STORAGE • 1,908 SF
      3236 Belmont Ave, Fresno, CA 93722-5905
      View Details
    • Value Estimation
      $6,280,000
      100,200 SF

      4603 Brawley Ave Ste, Unit 101

      WAREHOUSE, STORAGE • 100,200 SF
      4603 Brawley Ave Ste, Fresno, CA 93722-3960
      View Details
    • Value Estimation by Request
      1,750 SF

      4704 Jennifer Ave Ste, Unit 104

      WAREHOUSE, STORAGE • 1,750 SF
      4704 Jennifer Ave Ste, Fresno, CA 93722-6419
      View Details

    Similar Nearby for Sale

    • $6,250,000
      39,695 SF

      Fresno Manufacturing Building - $6.25M

      Prime Fresno industrial property; highway access, large yard.
      3488 W Ashlan Ave, Fresno, CA 93722
      View Details
    • $11,500,000
      111,000 SF

      Prime Industrial Investment Opportunity

      Fully leased industrial asset in Fresno's sought-after corridor.
      5333 N Cornelia Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      117,427 SF

      Industrial Warehouses with Development Potential

      Two industrial buildings with potential for expansion and redevelopment.
      5662-5674 E Shields Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      10,000 SF

      Versatile Industrial Property in Fresno

      10,000 SF industrial space suitable for various operations.
      4626 N Bendel Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      77,176 SF

      Two-Building Corporate Campus For Sale

      Two-building corporate campus on 7.32 acres in Fresno, CA.
      5104 N Blythe Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      21,000 SF

      Industrial Property in Fresno, CA

      21,000 SF industrial property available for sale.
      3636 North Hazel Ave, Fresno, CA 93722
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,390 SF

      Warehouse with Gated Yard

      8,390 SF warehouse featuring a single truck well and yard.
      5278 N Cornelia Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      3,332 SF

      Fresno Flex/Industrial Space Available

      3,332 SF flex/industrial space for rent in Fresno.
      4475 N Bendel Ave, Fresno, CA 93722
      View Details
    • Contact for pricing
      5,600 SF

      Industrial Warehouse Space For Rent

      5,600 square foot warehouse space available for lease.
      3304 W Sussex Way, Fresno, CA 93722
      View Details
    • Contact for pricing

      Industrial Building with Fenced Yard

      5,000 SF industrial building with yard, near CA-99.
      5592 W San Madele Ave, Fresno, CA 93722
      View Details
    • Contact for pricing

      Blythe Avenue Flex Space

      Flex space with easy access to Fresno and amenities.
      5168 N Blythe Ave, Fresno, CA 93722
      View Details
    • Contact for pricing

      Fresno Office/Warehouse Space Available

      Clear-span office/warehouse space in NW Fresno near CA-99.
      4753 W Jennifer Ave, Fresno, CA 93722
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3776 Ashcroft Ave
    Fresno, CA 93722-4257
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!