4582 E HARVEY AVE

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4582 E HARVEY AVE

FRESNO, CA 93702-1544
Asking Price
$1.55M
Asset Type
Mixed-use
Class
Class B

What's Special

10.24-Acre Mixed-Use Development Opportunity with Existing Income <ul><li>​Approximately <strong>10.24 acres</strong></li><li>​Two parcels offered together</li><li>​<strong>NMX – Neighborhood Mixed Use zoning</strong></li><li>​Strong commercial and mixed-use redevelopment potential</li><li>​Existing <strong>9,128 SF office building</strong></li><li>​Approximately <strong>$4,450 per month in rental income</strong></li><li>​Potential for phased or master-planned development</li><li>​Existing income provides interim cash flow</li><li>​Convenient access to major F

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NOI
$80,000
Cap Rate
5.16%
DSCR
0.87
Underwater
Cash-on-Cash
-2.59%
Monthly Payment
$7,668.554
Annual Cash Flow
$-12,022.651

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