Technical
Financial
Distress signals
Property profile

4020 N Cedar Ave Fresno, CA 93726

FOR SALE
Turn key restaurants
Property ID
US09-5554612
6,489 SF 0.34 ac lot Built 2008
Entity Owned 12-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional restaurant opportunity in Fresno, CA, presents a turnkey operation in a high-traffic location. The 6,489 square foot property, built in 2008, boasts an open floor plan, a striking L-shaped bar complete with a liquor license, and a dedicated banquet hall perfect for large-scale events. Adding to its appeal is a spacious 2,000+ square foot outdoor patio featuring a built-in fireplace and ample seating. Situated on a high-visibility corner lot in North Fresno, the property benefits from exceptional foot traffic and ample parking. Established neighbors include Me-N-Eds, Panda Express, and Club One Casino, further enhancing its desirability. The property's location provides convenient access to freeways 168 and 41, connecting it to a diverse population across Fresno. The permitted zoning is CRC, and the APN is 438-230-14. The asking price is $2,500,000, translating to $385.27 per square foot. This prime location offers significant potential for continued success. Please note: Do not disturb the tenant.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2008
Construction WOOD
Total area 6,489 SF
Lot 0.34 ac (14,810 SF)
Zoning code CRC
APN 438-230-14
UPID US09-5554612

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
  • Business Service Center
  • Restaurant

Location

4020 N Cedar Ave Fresno, CA 93726
Fresno metro Census 5202 FRESNO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
$596k
Blend (final) Blend
$510k

Owner & transaction history

Zoning & alternative use

CRC · Fresno, CA
Zoning description

- Neighborhood Mixed Use CMX - Corridor/Center Mixed Use RMX - Regional Mixed Use CMS - Commercial Main Street CC - Commercial Community CR - Commercial Regional CG - Commercial General CH - Commercial Highway and Auto C…

General category COMMERCIAL

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?”
More about this property
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