3838 1st St Fresno, CA 93726-4301
Property Lookup
Property profile & analytics
3838 1st St Fresno, CA 93726-4301
- Medical Office Space
- 8,371 SF
- 0.90 lot acres
Property ID
US09-3245670
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.
Location Intelligence
Current Use by Public Records
- Heiner Hearing Center / Medical Clinic
Property Details for 3838 1st St
- Year built
- 1975
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.90 lot acres
- Property size
- 8,371 SF
- Zone code
- O
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 436-302-24
- APU
- 43630224
Description
This 8,371-square-foot medical office building in Fresno, CA, presents a compelling owner-user or investment opportunity. Located at 3838 N First St, 93726, this 1975-built property boasts a prominent location between CA-99 and CA-41, offering excellent visibility and accessibility. The building features four quality suites with multiple entrances, allowing for flexible configurations to suit various needs. Approximately 6,680 square feet are currently available, divisible into spaces ranging from 825 to 4,064 square feet, and potentially offering up to 21 exam rooms, private offices, a break room, waiting/reception area, conference room, display area, and storage. Existing amenities include high-speed internet access, updated restrooms, ample parking, mature landscaping, and prominent signage. A portion of the building (1,691 square feet) is currently leased to a long-term tenant (Heiner Hearing Center) under a lease extending through 2024, providing immediate passive income. The property is zoned O and has an APN of 436-302-24. The asking price is $997,000 ($119.10/sq ft), with a current NOI of $111,960 and a pro-forma NOI of $125,700, representing a current cap rate of 11.23% and a pro-forma cap rate of 8.81%. This property is an excellent candidate for an SBA loan, offering significant value-add potential through leasing the available space or owner-occupancy. The building's established location, quality tenant mix, and ample parking further enhance its appeal.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $940,000
- ML approach
- $940,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,300,000
- AI Estimate
- $563,000
Market price range: $1.03M - $2.47MMarket price range: $401k - $1.09M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.772
- Latitude
- 36.7875
- 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
2023
$8,446
$195,776
$458,559
$654,335
-
$0.00
$0.00
$0.00
