If you are interested in purchasing commercial real estate in Fresno, California, look no further. Investing in commercial property in Fresno is one of the best decisions you can make. Fresno-based property not only boasts great annual returns but provides an excellent appreciation rate in comparison to other types of properties.
Fresno is one of the fastest-growing cities in California. Data from the California Department of Finance revealed that the number of people who are living in the City of Fresno has increased from 543,769 at the beginning of 2020 to 650,324 as of January 2022. This data clearly shows that Fresno is becoming a popular city of choice. Fresno is growing at a faster pace compared to other cities in California due to its diversity and reasonable cost of living compared to surrounding cities. Fresno also enjoys relatively low crime rates, light traffic, and unparalleled recreational options.
The recent influx of people to Fresno has greatly increased the demand for commercial properties. Recent data shows that commercial real estate in Fresno, CA has appreciated by 126.79% over the last 10 years, translating into an annual average rate of 8.53. If you invest in commercial real estate in Fresno now, you are looking at great returns and increased property value over time.
But the main question remains: Where do you buy commercial real estate in Fresno, CA? Luckily, The Dehlan Group can help you answer this question and guide you through the entire process. We are extremely involved in the local CA commercial real estate market and we have proven methods and strategies to buy the best commercial properties in Fresno, California.
Commercial property listing platforms
Thanks to advancements in technology, searching for commercial properties for sale in Fresno has never been easier. Nowadays, you can search various credible commercial real estate listing platforms for commercial properties for sale in Fresno.
According to the 2020 National Association of Realtors, 51% of commercial property buyers found the property they purchased from property listing platforms. The number of buyers who bought commercial properties via a realtor is 28% and via a direct for sale sign is 7%.
Using commercial land listing platforms is very convenient and stress-free because they allow you to view hundreds of commercial real estate listings in Fresno within a few minutes. Also, you can do all of this from the comfort of your home or office. There are numerous listing platforms used to find commercial property for sale in Fresno, but the most credible platforms tend to be MLS, Zillow.com, Realtor.com, FSBO.com, Loopnet.com, and CREXi.com. These listing platforms have a wide variety of commercial properties in Fresno and provide the most accurate results.
However, you should always keep in mind that listing websites can have outdated information, and for these reasons, we recommend enlisting a trusted real estate agent with the most current information on the Fresno real estate market. The Dehlan Group can help you find a commercial property that meets your goals and budget.
Use commercial brokers
Another way to buy commercial real estate in Fresno CA is by hiring the services of a broker. Commercial brokers are usually paid a commission on every deal that is sourced and closed. As a result, we are usually very aware of the market and know nearly all the market commercial properties for sale in Fresno.
Besides showing you multiple properties for sale in Fresno that suit your budget, our brokers will also give you professional advice to help you make an informed decision. We are experts in the commercial real estate market and understand the playing field well. We will also guide you through the buying process to ensure that you don’t make a costly mistake.
Scouting commercial real estate locations
A more traditional and often effective way to find and buy commercial real estate in Fresno, CA is by simply driving around areas that you are interested in. This method will allow you to see all types of commercial properties available. You may even come across some older unlisted properties, which could require renovations and repairs, but may also get you a good deal in the long run. It is advisable to have a trusted commercial agent help you should you decide to invest in an older property. The Dehlan Group can help you tackle any property concerns and help you make sure it is a wise investment choice.
Driving around in search of commercial properties in Fresno has numerous advantages. First, it helps you to familiarize yourself with the neighborhood that you are interested in. Second and most important, it enables you to get first-hand information about the viability of the commercial building. Since a common goal of buying commercial property is to invest wisely and maintain good returns, driving around various neighborhoods in Fresno can help you locate what is a viable investment.
Mailers are one of the most powerful but underrated methods for buying commercial real estate in Fresno CA. Most investors do not take advantage of this method because they often think it is outdated and ineffective, however, mailers remain a great option even in the current digital market.
Unlike buying a residential property where it is often quite easy to contact the owner of the property, it can sometimes be very difficult to locate the owner of a commercial real estate property since most ownership entities are often protected by a real estate attorney or an LLC. The good news is that tax records usually have a mailing address for every property, including commercial properties. We recommend sending your request via certified mail to guarantee delivery.
Cold calling is one of the oldest techniques for finding and buying CA commercial real estate and is still an extremely effective approach. This method is highly recommended if you would like to deal directly with the property owner. You can often find telephone numbers of owners by connecting with them via social media platforms, their websites, or online search platforms. If you are able to locate a telephone number, you can reach out and ask if they are interested in selling their commercial property. When you are able to find a property owner willing to sell, you can sometimes get the deal of a lifetime.
Buying commercial real estate in Fresno
Fresno is a rapidly growing market in the California commercial real estate industry. As the city continues to grow, there are many new and lucrative opportunities being presented. The Dehlan Group is a trusted resource in commercial real estate and we have closed deals for various commercial investors not only in Fresno but throughout California.
Get in touch with Amir Dehlan today if you are interested in discovering what the California commercial real estate market has to offer. We’d love to help you find the perfect property for your goals!