Fresno Office Building
1133 E Olive Ave Fresno, CA 93728
1133 E Olive Ave, Fresno, CA, 93728
$1,095,000
For Sale
$1,095,000
4,787 SF office building in Fresno's vibrant Tower District.
Property Size4,787 SF
Price / SF$228.74
Days on Market244
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 agency
SVN | Clovis Commercial
(559) 289-6064
Listed by
Cameron Graham · License #CalDRE #01970844
(559) 289-6064
Source
Svn
Added: Nov 21, 2025 Updated: Jul 6 at 8:53AM Checked: Jul 23 at 5:30AM
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
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 Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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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.
