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    Industrial Building in Fresno, CA Title is generated by Realmo AI

    2842 N Business Park Ave, Fresno, CA

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    218,303± SF industrial building on 13.75± acres for sale.

    Type:INDUSTRIAL
    Property size:
    225,186 SF
    Lot size:
    20.98 Acres
    Price / SF:
    $111/SF
    Added:
    Apr 21, 2025
    Days on Market:
    424
    Last Refresh:
    May 20 at 8:45 pm

    Property Features for 2842 N Business Park Ave

    General Information

    Standard status
    Active
    Size
    225,186 SF
    Lot size
    20.98 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 2842 N Business Park Ave Contact us

    We can help!

    Listing Contact
    Nick J. Audino
    Nick J. Audino

    Listing agent Nick J. Audino License #02094434

    Listing office Newmark Pearson Commercial | Fresno

    Listing date Apr 21, 2025

    Source Moodyscre

    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 Newmark Pearson Commercial | Fresno

    HighLights

    • Large building size: 218,303± square feet
    • Significant office space: 54,210± square feet
    • Ample parking with 377 employee parking spaces
    • High power capacity: Almost 7,000 amps of 3‑Phase power
    • Situated on a large land area of 13.75± acres
    • Zoned Light Industrial

    Overview

    This industrial building offers a unique design and functionality, incorporating various amenities. The total building size is approximately 218,303 square feet, situated on approximately 13.75 acres of land. The property is zoned for Light Industrial use by the City of Fresno, California. The building includes approximately 54,210 square feet of office space. It features 377 employee parking spaces and almost 7,000 amps of 3-Phase power. These features support a high number of employees and advanced manufacturing operations.

    Local Financial Insights For Industrial

    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 $2.40M $10.68
    − Vacancy −$41.4k −$0.18
    EGI $2.36M $10.50
    − OpEx −$709.1k −$3.15
    NOI $1.65M $7.35
    225,186 SF · lease $10.68/SF/yr · vacancy 1.72% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $23.64M
    $20.68M – $27.58M (±1% cap)
    NOI $1,654,534 @ 7.0% cap · market cap 6.58%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $66.36M
    $58.06M – $77.42M (±1% cap)
    NOI $4,645,137 @ 7.0% cap · market cap 18.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sunrise Medical (US) ... Industrial Manufacturer PBLC Payroll Accounting Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.685
    Latitude
    36.777

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    FAQs

    What type of property is this?
    Manufacturing property - 218,303± SF industrial building on 13.75± acres for sale.
    Where is this manufacturing property located?
    The property is located at 2842 N Business Park Ave Fresno, CA.
    What is the asking price?
    The asking price for this property is $25,150,000.
    What are key features of this property?
    This property features: Large building size: 218,303± square feet; Significant office space: 54,210± square feet; Ample parking with 377 employee parking spaces
    (559) 284-2396 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Nick J. Audino
    Nick J. Audino
    Real Estate License ID: 02094434
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