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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9439 Ft Washington Rd Fresno, CA 93730-0660

    • Retail space
    • 12,672 SF
    • 2.04 lot acres
    OFF-MARKET
    Value Estimations
    $1,510,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2932879
    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.

    Current Use by Public Records

    • The Wonder Seed. / Health And Beauty Shop

    Property Details for 9439 Ft Washington Rd

    Year built
    2006
    Construction
    WOOD
    Lot size
    2.04 lot acres
    Property size
    12,672 SF
    Zone code
    CC
    Property type
    Retail space
    APN
    401-830-06
    APU
    40183006

    Description

    Riverview Shopping Center presents a unique opportunity for discerning businesses seeking prime retail space in northeast Fresno's affluent Woodward Park/Lake area. This Class A, 108,424 square foot shopping center boasts a highly desirable location at the intersection of Friant Road and Fort Washington Road, directly across from Woodward Park. The center comprises two freestanding multi-tenant pad buildings and a primary shops building featuring anchor tenants at each end. A significant advantage is the ample parking, providing over 5.92 spaces per 1,000 square feet (642 total stalls), ensuring convenient access for customers and potential for additional public or entertainment uses. Currently, a weekly Farmer's Market adds to the vibrant atmosphere. The center's Mediterranean architecture and inviting layout contribute to its consistent outperformance of competitors. Available spaces range from a minimum of 12,480 square feet to a maximum contiguous space of 25,704 square feet, with a total of 13,224 square feet currently vacant. This is an exceptional opportunity to establish a presence in a thriving, high-traffic retail environment. Fresno County location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,097,000
      Market price range: $665k - $2.10M
      AI Estimate
      $1,133,000
      Market price range: $393k - $1.13M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,335,000
      Current use
      OFFICE BUILDING
      $2,015,000
      Change: +51% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,955,000
      Change: +47% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,780,000
      Change: +34% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,625,000
      Change: +22% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.778
    Latitude
    36.8739
    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
    $40,075
    $750,865
    $2,541,397
    $3,292,262
    -
    $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
      $1,305,000
      10,800 SF

      9433 Ft Washington Rd

      RETAIL STORES (PERSONAL SERVICES) • 10,800 SF
      9433 Ft Washington Rd, Fresno, CA 93730-0604
      View Details
    • Value Estimation
      $920,000
      7,700 SF

      9455 Ft Washington Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,700 SF
      9455 Ft Washington Rd, Fresno, CA 93730-0603
      View Details
    • Value Estimation by Request
      3,944 SF

      2088 Copper Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,944 SF
      2088 Copper Ave, Fresno, CA 93730-5406
      View Details
    • Value Estimation
      $1,220,000
      10,075 SF

      9415 Ft Washington Rd

      RETAIL STORES (PERSONAL SERVICES) • 10,075 SF
      9415 Ft Washington Rd, Fresno, CA 93730-5941
      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

    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
    • $2,774,950
      2.50 Acres

      Lakeview Drive Commercial Land

      2.5-Acre Fresno Commercial Lot
      480 Lakeview Dr, Fresno, CA 93730
      View Details
    • $5,135,000
      39.48 Acres

      12800 Friant Rd

      Land • 39.48 Acres
      12800 Friant 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
      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
      6,900 SF

      Fresno Commercial Space for Lease

      Prime North Fresno location, multiple suites available.
      10061 Maple 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
    • Contact for pricing
      1,352 SF

      Fresno Office Space Available

      Office space available for rent in Fresno, California.
      9477 Fort Washington Rd N, Fresno, CA 93730
      View Details
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    Fresno, CA 93730-0660
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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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