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    Property profile & analytics
    FOR SALE
    Retail space

    4344 N Blackstone Ave, Fresno, CA 93726

    19,396 SF 1.36 ac lot Built 1970
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US09-0167881
    Property summary
    AI-generated overview

    This exceptional 19,396 square foot freestanding retail building is situated on a 1.36-acre lot at 4344 N Blackstone Ave in Fresno, CA, 93726. Boasting prominent signage and visibility on Blackstone Avenue, a major north-south commercial corridor, this property enjoys high traffic counts of approximately 31,219 ADT. Its location just north of the signalized intersection of Blackstone and Ashlan Avenues provides excellent accessibility. The building benefits from its proximity to a robust retail environment, including nearby Wal-Mart Supercenter, Petco, Grocery Outlet, Ross, dd's Discounts, and El Super. Convenient access to Highway 41 on/off ramps at Ashlan Avenue further enhances its strategic location. The property will be delivered vacant upon closing. This offering presents a unique opportunity to acquire a well-positioned retail building significantly below replacement cost in a densely populated and highly trafficked trade area. The property's APN is 428-151-07. This is an ideal investment for owner-users or investors seeking a strong return in a prime Fresno location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1970
    Construction TILT-UP CONCRETE
    Total area 19,396 SF
    Lot 1.36 ac (59,241 SF)
    Zoning code CMX
    APN 428-151-07
    UPID US09-0167881
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Serrano's Furniture Furniture & Home Goods Home Decor Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.49M
    Blend (final) Blend
    $1.33M
    Owner & transaction history
    E & J Properties I LLC · 9 yrs held
    E & J Properties I LLC
    since 2016
    7 recorded transactions
    2016
    2011
    2010
    $1.1M
    2005
    1994
    1994
    1993
    Zoning & alternative use
    CMX · Fresno, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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