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Fresno Office Building Investment

1133 E Olive Ave Fresno, CA 93728

1133 E Olive Ave, Fresno, CA, 93728
$1,095,000
For Sale
Claim this Listing
$1,095,000

4,787 SF office building in Fresno's vibrant Tower District.

Property Size4,787 SF
Price / SF$228.74
AddedNov 21, 2025
Days on Market236
Last RefreshJul 15 at 1:35 pm

Property Features for 1133 E Olive Ave

General Information

Standard status
Active
Size
4,787 SF
Property subtype
Office

Building Details

Year Built
1988

Listing office SVN - Clovis Commercial

Listing date Nov 21, 2025

Source Svn

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of SVN - Clovis Commercial


Investment Insights

Based on property information with market context.

Located at 1133 E Olive Ave in Fresno, CA, this 4,787 SF office building presents a prime investment opportunity. Constructed in 1988 and zoned CMS, the property is situated on Olive Ave in the Tower District. The location offers a variety of amenities and attractions, including diverse dining options, a vibrant cultural scene, and convenient access to major transportation hubs. Proximity to attractions such as the Fresno Chaffee Zoo and Woodward Park provides a balance of work and leisure opportunities. The area also features a variety of retail and entertainment options. The property is ideal for office building investors seeking a stable and fully leased asset. The building is well-maintained and currently has 100% occupancy, generating strong rental income.

Key Highlights

  • 100% Occupancy: Provides immediate and stable cash flow.
  • Strong Rental Income: Indicates a profitable investment with growth potential.
  • Prime Fresno Location in Tower District: Offers high visibility and access to amenities.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $100.5k $21.00
− Vacancy −$6.0k −$1.26
EGI $94.5k $19.74
− OpEx −$23.6k −$4.94
NOI $70.9k $14.81
4,787 SF · lease $21.00/SF/yr · vacancy 6.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.01M
$885.9K – $1.18M (±1% cap)
NOI $70,872 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.23M – $1.65M (±1% cap)
NOI $98,746 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Real Estate Agency Carpet & Flooring Store Electrical Service (Bike/Boat/Book/etc) Store Travel Agency Acupuncture Skin Care Clinic Pet Grooming Service Storage Facility Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - 4,787 SF office building in Fresno's vibrant Tower District.
Where is this office building located?
The property is located at 1133 E Olive Ave Fresno, CA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: 100% Occupancy: Provides immediate and stable cash flow.; Strong Rental Income: Indicates a profitable investment with growth potential.; Prime Fresno Location in Tower District: Offers high visibility and access to amenities.
Contact an agent
More about this property
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