550 W Locust Ave, Fresno, CA 93650
- Office buildings
- 11,484 SF
- 1.09 lot acres
Current Use by Public Records
- BSK Associates / Environmental Consultant / Engineering Consultant
Property Details for 550 W Locust Ave
- Year built
- 2001
- Construction
- WOOD
- Lot size
- 1.09 lot acres
- Zone code
- IL
- Property type
- Office buildings
- APN
- 405-550-30
- APU
- 40555030
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 20, 2001 | — | Flake Investments LLC | Flake,ronald B & Rick R | Quit Claim Deed · related | — |
| Mar 10, 2000 | $625,000 | Chicago Trust | Calcot Ltd | Grant Deed | — |
Description
This exceptional North Fresno property offers a rare combination of office and warehouse space, totaling 11,484 square feet on a 11,484 square foot lot. The building, constructed in 2001, features approximately 8,303 square feet of office space and 3,181 square feet of warehouse space, ideal for a single tenant seeking a flexible and secure workspace. Located near the intersection of Ingram and Locust Streets, this single-tenant occupancy building provides a convenient and accessible location. The office space is available for lease at a rate of $1.75 per square foot, triple net (NNN). The property boasts low triple-net expenses, adding to its financial appeal. Security features include a gated and secured property, ensuring peace of mind for tenants. This hard-to-find flex space in North Fresno presents a unique opportunity for businesses requiring both office and warehouse functionality in a secure and well-maintained setting. Don't miss this chance to secure this desirable property.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,074,000
- AI Estimate
- $1,079,000
Market price range: $1.03M - $2.63MMarket price range: $538k - $1.44M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,825,000 Current use
- MEDICAL BUILDING
- $2,310,000 Change: +26% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,770,000 Change: -3% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,615,000 Change: -12% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,470,000 Change: -19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.803
- Latitude
- 36.8405
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA
