Property profile

8975 Chestnut Ave Fresno, CA 93720

OFF-MARKET
Retail space
Property ID
US09-0206163
13,534 SF 1.58 ac lot Built 2004
Individually Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2004
Construction TILT-UP CONCRETE
Total area 13,534 SF
Lot 1.58 ac (68,824 SF)
Zoning code CC
APN 403-050-61
UPID US09-0206163

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Postal Service Courier Service
  • (Bike/Boat/Book/etc) Store
  • Atm
  • Atm

Location

8975 Chestnut Ave Fresno, CA 93720-5366
Fresno metro Census 5508 FRESNO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.40M

Owner & transaction history

since 2007
5 recorded transactions
2017
Price N/A
2007
$5.6M
2006
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Fresno, CA
Zoning description

CC: Medium-scale development that serves local needs such as convenience shopping & offices CR: Large, urban-scale retail, office, civic/entertainment uses to meet local and regional demands CG: A range of retail/service…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Office building $2.2M +51.0%
Auto repair, garage $2.1M +46.5%
Industrial (general) $1.9M +33.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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