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    575 E Locust Ave Fresno, CA 93650

    For Sale
    $11,399,000

    Three-story office building in Early California Corporate Center.

    Property size:
    61,632 SF
    Lot size:
    36.70 Acres

    Property Features for 575 E Locust Ave

    General Information

    Size
    61,632 SF
    Lot size
    36.70 Acres

    Source: Colliers | Fresno Agent Michael Schuh

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

    Overview

    Classic Office Building For Sale

    This classic three-story office building, known as the Santa Maria Building, is centrally located within the Early California Corporate Center. The Class A building has a historically high occupancy rate and provides a unique opportunity with substantial upside due to below-market lease rates. True pride of ownership has maintained this exceptional office building as an ageless, historic landmark property in the highly desirable Northeast Fresno market. A majority of the tenants have been in the building on longer-term leases with numerous lease renewals. The property size is 61632 square feet.
    Location Intelligence

    Current Use by Public Records

    Bains & Co Accountant Ryan Christie Quinn ... Accountant Wilcox Hokokian Bains ... Accountant Ryan Christie Quinn ... Accountant Ryan Christie Quinn ... Accountant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.775871
    Latitude
    36.838743

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    FAQs

    What type of property is this?
    Office building - Three-story office building in Early California Corporate Center.
    Where is this office building located?
    The property is located at 575 E Locust Ave Fresno, CA.
    What is the asking price?
    The asking price for this property is $11,399,000.
    What are key features of this property?
    This property features: - Historically high occupancy rate indicates strong tenant demand and stability.; - Below-market lease rates offer substantial upside potential for increased revenue.; - Class “A” building in the desirable Northeast Fresno market.
    (559) 281-6112
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    575 E Locust Ave Fresno, CA 93650
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    Fresno, CA 93650
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    575 E Locust Ave Fresno, CA 93650
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