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    9415 N Fort Washington Rd Fresno, CA 93730
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    9415 N Fort Washington Rd Fresno, CA 93730

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    • Retail space
    • 10,075 SF
    • 1.14 lot acres
    For Sale
    $23,146,000
    View Listing →
    Retail Property For Sale For Sale
    $23,146,000
    62.00 Acres

    Retail Property For Sale

    Retail property available for purchase in Fresno, California.

    9415 N Fort Washington Rd, Fresno, CA
    View Listing
    Property ID
    US09-2516476
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Top Dog Pet Wash / (Bike/Boat/Book/etc) Store / Pet Store & Service
    • Cheers Wine & Liquor / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
    • Valley Dry Cleaning / (Bike/Boat/Book/etc) Store
    • Paradise Cleaners / (Bike/Boat/Book/etc) Store
    • Venus Nail & Spa / Nail Salon

    Property Details for 9415 N Fort Washington Rd

    Year built
    2006
    Construction
    WOOD
    Lot size
    1.14 lot acres
    Property size
    10,075 SF
    Zone code
    CC
    Property type
    Retail space
    APN
    401-830-02
    APU
    40183002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,668,000
      Market price range: $529k - $1.67M
      AI Estimate
      $901,000
      Market price range: $313k - $901k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,060,000
      Current use
      MEDICAL BUILDING
      $2,025,000
      Change: +91% Conversion: Difficult
      OFFICE BUILDING
      $1,600,000
      Change: +51% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,555,000
      Change: +47% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,415,000
      Change: +34% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,290,000
      Change: +22% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.777
    Latitude
    36.8732
    CBSA code
    23420
    CBSA name
    FRESNO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $37,485
    $577,587
    $2,512,082
    $3,089,669
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,235,000
      10,119 SF

      9423 Ft Washington Rd

      RETAIL STORES (PERSONAL SERVICES) • 10,119 SF
      9423 Ft Washington Rd, Fresno, CA 93730-0699
      View Details
    • Value Estimation
      $2,615,000
      22,400 SF

      9447 Ft Washington Rd

      RETAIL STORES (PERSONAL SERVICES) • 22,400 SF
      9447 Ft Washington Rd, Fresno, CA 93730-0697
      View Details
    • Value Estimation
      $1,505,000
      12,600 SF

      9463 Ft Washington Rd

      RETAIL STORES (PERSONAL SERVICES) • 12,600 SF
      9463 Ft Washington Rd, Fresno, CA 93730-0698
      View Details
    • Value Estimation
      $2,045,000
      17,453 SF

      2020 Copper Ave

      RETAIL STORES (PERSONAL SERVICES) • 17,453 SF
      2020 Copper Ave, Fresno, CA 93730-5402
      View Details
    • Value Estimation
      $1,895,000
      15,664 SF

      10067 Maple Ave

      RETAIL STORES (PERSONAL SERVICES) • 15,664 SF
      10067 Maple Ave, Fresno, CA 93730-3402
      View Details
    • Value Estimation by Request
      10,800 SF

      9433 Ft Washington Rd

      RETAIL STORES (PERSONAL SERVICES) • 10,800 SF
      9433 Ft Washington Rd, Fresno, CA 93730-0604
      View Details

    Similar Nearby for Sale

    • $23,146,000

      Retail Property For Sale

      Retail property available for purchase in Fresno, California.
      9415 N Fort Washington Rd, Fresno, CA 93730
      View Details
    • $2,899,000
      1,468 SF

      Riverfront Paradise in North Fresno

      10.67 acres of riverfront land with private pond.
      10705 N Lanes Rd, Fresno, CA 93730
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,001 SF

      Retail Space Near Clovis Campus

      Retail space in Copper River Plaza near Clovis North campus.
      2088 E Copper Ave, Fresno, CA 93730
      View Details
    • Contact for pricing

      Retail Space Available for Lease

      Retail and QSR spaces available at Maple and Behymer.
      10061 N Maple Ave, Fresno, CA 93730
      View Details
    • Contact for pricing
      6,500 SF

      Retail Space in Fresno

      Retail property available for lease in Fresno, California.
      1974 E Copper Ave, Fresno, CA 93730
      View Details
    • Contact for pricing

      Retail Space in Copper River Plaza

      Retail spaces available in Fresno's Copper River Plaza.
      2042-78 E Copper Ave, Fresno, CA 93730
      View Details
    • Contact for pricing
      3,502 SF

      Fresno Office Space Available

      3,502 square feet of office space for rent.
      9495 N Fort Washington Rd, Fresno, CA 93730
      View Details
    • Contact for pricing
      5,536 SF

      Fresno Office Space Available

      Office space available for rent in Fresno, California.
      9477-9483 N Fort Washington Rd, Fresno, CA 93730
      View Details
    View Listing
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    Fresno, CA 93730
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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