Fresno Office Building
1133 E Olive Ave, Fresno, CA 93728
4,787 SF office building in Fresno's vibrant Tower District.
Type:Office
Property size:
4,787 SFPrice / SF:
$228/SF- Added:
- Nov 21, 2025
- Days on Market:
- 191
- Last Refresh:
- May 8 at 8:23 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 agent Cameron Graham License #CalDRE #01970844 (559) 289-6064
Listing office SVN | Clovis Commercial (559) 289-6064
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
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.
- 4,787 SF Office Building: A substantial property.
- Zoned CMS: Suitable for commercial and office use.
- Well‑Maintained Property: Reduces immediate maintenance costs.
Overview
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.
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
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
NOI $98,746 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.797
- Latitude
- 36.758
Nearby Similar for Sale
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.
