505 W Dakota Ave Fresno, CA 93705
- Retail space
- 11,400 SF
- 1.01 lot acres
Current Use by Public Records
- Boost Mobile / Cell Phone Store
- City Wide Market / Money Transfer Service / Atm
- Western Union / Money Transfer Service / Money Order Service
- Bitcoin Depot | Bitcoin ATM / Atm / Crypto Atm
- Rafael torres Book store / Book Store
Property Details for 505 W Dakota Ave
- Year built
- 1961
- Construction
- WOOD
- Lot size
- 1.01 lot acres
- Property size
- 11,400 SF
- Zone code
- CC
- Property type
- Retail space
- APN
- 435-043-14
- APU
- 43504314
Description
This ±11,400 square foot retail center, situated on a 1.01-acre lot at 505 W Dakota Ave, Fresno, CA, presents a remarkable opportunity. Located at the highly visible corner of Dakota Avenue and N Fruit Avenue, this well-known Westwood shopping center boasts a prime location with excellent visibility and signage opportunities. Currently, one retail space of approximately 3,720 square feet is available. This space features an open floor plan, ideal for a variety of retail or office uses, along with a larger rear storage room and a private restroom. The property benefits from ample on-site parking and abundant street parking, ensuring convenient access for customers and employees. Its strategic location offers easy access to major streets and is within walking distance of numerous restaurants, shopping centers, banks, and schools, maximizing exposure to a large daytime population of approximately 378,901 people within a 5-mile radius. The property is zoned Community Commercial (APN: 435-043-14) and is surrounded by quality tenants, further enhancing its desirability. The building's configuration allows for various sized spaces, making it adaptable to diverse business needs. This is a rare opportunity to secure a prominent retail space in a thriving Fresno location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,020,000
- ML approach
- $940,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $883,000
Market price range: $598k - $1.89M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,200,000 Current use
- INDUSTRIAL (GENERAL)
- $1,605,000 Change: +34% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,240,000 Change: +3% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.818
- Latitude
- 36.7863
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA