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Property profile & analytics
OFF-MARKET Estimated value $800,000
Retail space

48 Spruce Ave Pinedale, CA 93650-1222

8,732 SF 0.33 ac lot Built 1985
Trust Owned ~ Est. High Equity
Property ID
US09-1752734
Property summary
AI-generated overview

This exceptional freestanding retail property, located at 48 E. Spruce Avenue in Fresno, California, presents a significant investment opportunity. Situated on a 3.3-acre lot at the northwest corner of Abby and Spruce Avenues, this single-tenant building offers 8,732 square feet of versatile commercial space. The property's prominent corner location ensures high visibility and accessibility for customers, making it ideal for a variety of retail businesses. The ample lot size provides significant potential for future expansion or development. The property's address is 48 E. Spruce Ave, Fresno, CA 93650, and its Assessor's Parcel Number (APN) is 303-102-08 within Fresno County. This property is a rare find, combining a desirable location with substantial square footage, offering a strong foundation for a successful retail venture. The property's size and location make it an attractive option for businesses seeking a high-profile presence in a thriving Fresno community. The single-tenant occupancy provides simplicity and ease of management. This is a chance to acquire a well-positioned retail asset with considerable growth potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Construction TYPE NOT SPECIFIED
Total area 8,732 SF
Lot 0.33 ac (14,374 SF)
Zoning code CMX
APN 303-102-08
UPID US09-1752734
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
  • Shuttleworth Makoto Law Firm
  • Ruggier Frank Law Firm
  • Tinaom Shoppe Travel Agency
  • Noble House Design Business Service Center Corporate Office
  • Price Law Group Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$780k
Blend (final) Blend
$800k
Owner & transaction history
Edwan K Dablan Revocable Trust
Edwan K Dablan Revocable Trust
since 2026
Last sale
$900,000
7 recorded transactions
2026
$900,000
2012
$600,000
2012
$579,500
2005
Price N/A
1990
$102,500
1989
$5,000
1986
$200,000
Zoning & alternative use
CMX · Pinedale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $1.2M +33.6%
Apartment house (5+ units) $1.1M +21.7%
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