755 Van Ness Ave Fresno, CA 93721-2911
- Warehouses
- 41,136 SF
- 0.69 lot acres
Current Use by Public Records
- Recycling Lives Academy / Recycling Center
- CERTIFIED AUTHENTIC ORIGINAL / Certification Agency
Property Details for 755 Van Ness Ave
- Year built
- 1924
- Construction
- WOOD
- Lot size
- 0.69 lot acres
- Property size
- 41,136 SF
- Zone code
- DTG
- Property type
- Warehouses
- APN
- 468-256-01
- APU
- 46825601
Description
This exceptional Class A warehouse, a 1924 landmark building in Downtown Fresno, presents a unique investment opportunity. The 59,000 square foot property sits on a substantial 30,000 square foot lot (30 acres) and features three stories, offering versatile space for a variety of uses. The building boasts three street-level retail spaces ideal for high-visibility businesses, capitalizing on its prime location on Van Ness Ave, near Chukchansi Park and the Brewery District. The second floor provides 28 adaptable office spaces, perfect for creative workspaces or professional services. Significant warehouse space is also available, including an 18,000 square foot basement, providing ample storage or operational space. The property includes 40 parking spaces and multiple loading docks, catering to businesses requiring logistical support. The building is equipped with elevators and power. Zoned for shopping centers, this property offers unparalleled potential for entrepreneurs seeking a dynamic downtown Fresno location. The APN is 468-256-01. Cross street is Inyo. This single-tenancy building is currently vacant.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $325,000
- 6.5%
- $365,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $355,000
- Geo Method
- $390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $330,000
- Retail
- $330,000
- Mixed-Use
- $350,000
- Hospitality
- $300,000
- Educational
- $360,000
- Residential Income
- $340,000
- Energy
- $350,000
- Income-Based Land
- $300,000
- Food Service
- $320,000
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.787
- Latitude
- 36.7322
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA