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Property profile & analytics
FOR SALE
Turn key restaurants

5751 S Elm Ave Fresno, CA 93706

7,440 SF 0.58 ac lot Built 1982
Individually Owned 29-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2507142
Property summary
AI-generated overview

This 7,440 square foot retail shopping center, located at 5751 S. Elm Ave in Fresno, California (zip code 93706), presents a compelling investment opportunity. Situated at the southwest corner of Frantz and Elm Avenues in Easton, this property features five retail spaces currently occupied by a diverse mix of tenants, including Quickaroo (2,000 sq ft, month-to-month lease), Subway (1,000 sq ft, lease expiring in 2028), West America (1,340 sq ft, lease expiring in 2025), and a donut shop (2,000 sq ft, month-to-month lease). One 1,000 sq ft space is currently vacant. Current rental income is below market value, offering a significant opportunity for increased profitability through rent adjustments and conversion to triple net leases. The property's Assesor's Parcel Number (APN) is 334-190-79. This well-located retail center is priced at $1,000,000 and represents a strong addition to any investment portfolio. The property is categorized as a retail shopping center. This is a prime opportunity to acquire a well-positioned retail property with substantial upside potential.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1982
Construction WOOD
Total area 7,440 SF
Lot 0.58 ac (25,330 SF)
Zoning code C4
APN 334-190-79
UPID US09-2507142
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
  • Subway Take-out & Catering
  • Quickeroo Grocery & Convenience Store Food Market
  • K & C Donuts & Bakery Bakery Specialty Food Shop
  • Westamerica Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$581k
Blend (final) Blend
$560k
Owner & transaction history
Richard J Piccolo · 29 yrs held
Richard J Piccolo
since 1997
2 recorded transactions
1997
Price N/A
1969
Price N/A
Zoning & alternative use
C4 · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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