Fresno Office Building
For Sale
$1,095,000
1133 E Olive Ave, Fresno, CA 93728
4,787 SF office building in Fresno's vibrant Tower District.
Property Size4,787 SF
Price / SF$228.74
Days on Market327
Property Features for 1133 E Olive Ave
General Information
Standard status
Active
Size
4,787 SF
Class
C
Property subtype
Office
Building Details
Building Size
4,787 SF
Year Built
1988
Listing Agency:
SVN | Clovis Commercial
Listed By:
Cameron Graham · License #CalDRE #01970844
(559) 289-6064
Source:
Svn
Added: Nov 21, 2025
Changed: Oct 1
Last Checked: Oct 12 at 5:59PM
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,872
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,417,440
$1.4M
Cap Rate 7%
$1,012,457
$1.0M
Cap Rate 9%
$787,467
$787.5K
Market Conditions
NOI Build-Up for 4,787 SF
Gross rent
$100.5K $21.00/SF
− Vacancy
−$6.0K −$1.26/SF
EGI
$94.5K $19.74/SF
− OpEx
−$23.6K −$4.94/SF
NOI
$70.9K $14.81/SF
Area
Fresno, CA
Vacancy
6.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,417,440
Cap Rate 7%
$1,012,457
Cap Rate 9%
$787,467
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,485
Businesses Nearby
Explore this area
Business Placement
Demographics for 93728, CA
16,191
Population
6,878
Households
2.4
Avg Household Size
35
Median Age
18%
College-Educated
77%
High-School Grad
3.0 sq mi
ZIP Area
5,397
Density / Sq Mi
$52,809
Median Household Income
$34,696
Median Earnings
$1,243
Median Rent
$239,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
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.
