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Property profile & analytics
FOR SALE
Office buildings

5104 N Blythe Ave Fresno, CA 93722

51,264 SF 3.13 ac lot Built 1998
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US09-1411802
Property summary
AI-generated overview

This exceptional Fresno, CA office complex offers 77,176 square feet across two buildings situated on approximately 7.32 acres. Building A, a 51,264 square foot, two-story Class A office building constructed in 1998, is currently vacant and features elevator service and ample power. It's easily divisible to accommodate various tenant needs. Building B, a 25,912 square foot office/flex building constructed in 1989, is 85% occupied by two credit tenants with leases expiring in 2025 and 2027, offering immediate availability of approximately 3,600 square feet. The entire property, encompassing three parcels with abundant parking, is zoned RMX and presents a unique opportunity for sale or lease, either individually or as a whole. The property boasts a prime location along the west Shaw corridor in northwest Fresno, with addresses at 5104 N. Blythe Avenue and 5168 N. Blythe Avenue, zip code 93722. The complex is ideal for businesses seeking a high-profile presence in a thriving area. This multi-tenant property offers significant potential for investors and businesses alike. The property's location in Fresno County, California, provides easy access to major transportation routes and amenities. The buildings are four stories each. APN numbers are 509-091-37S & 509-091-36S, 509-091-30S.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction TILT-UP CONCRETE
Total area 51,264 SF
Lot 3.13 ac (136,342 SF)
Zoning code RMX
APN 509-091-37S
UPID US09-1411802
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
  • WattHive Solar Energy Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.95M
Comparable Approach Comparable
$8.20M
Blend (final) Blend
$7.33M
Owner & transaction history
Shaw Of Blythe LP · 13 yrs held
Shaw Of Blythe LP
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
RMX · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $12.1M +47.9%
Medical building $10.3M +26.5%
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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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