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Property profile & analytics
OFF-MARKET
Medical Office Space

946 Fulton St Fresno, CA 93728-3412

2,784 SF 0.23 ac lot Built 1945
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US09-2602644
Property summary
AI-generated overview

This exceptional commercial property, located at 946 N Fulton Street in Fresno, California, presents a unique investment opportunity in the thriving Tower District. The 2,784 square foot building sits on a 0.23-acre lot and is currently generating income with three leased units: two 3-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. Its central location offers unparalleled access to the area's vibrant cultural attractions, entertainment venues, and a strong community atmosphere. The property's proximity to downtown Fresno, major hospitals, Fresno City College, and Fresno State University ensures high visibility and convenient access for both employees and customers. The CMS zoning allows for a wide range of commercial and residential uses, providing significant flexibility for future development. The substantial lot size presents excellent potential for expansion, such as adding an accessory dwelling unit (ADU) or increasing parking capacity. This property offers a blend of immediate income generation and long-term development potential, making it an ideal investment for discerning buyers seeking a prime piece of Fresno real estate in a highly desirable location. Don't miss this chance to acquire a property with such versatility and potential in the heart of the Tower District.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1945
Construction WOOD
Total area 2,784 SF
Lot 0.23 ac (9,856 SF)
Zoning code CMS
APN 452-115-03
UPID US09-2602644
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
  • R.E. Custom Staging Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rosa E E Garcia · 9 yrs held
Rosa E E Garcia
since 2017
6 recorded transactions
2017
$180,000
2017
Price N/A
2012
Price N/A
2005
Price N/A
2005
$170,000
1985
$55,000
Zoning & alternative use
CMS · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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