Freestanding Warehouse with Detached
For Sale
Contact for pricing
1308 W Iota Ave, Fresno, CA
4,320 SF warehouse with office on 0.35 acres.
Property Size4,320 SF
Lot Size0.35 Acres
Price / SF$103.94
Days on Market1129
Property Features for 1308 W Iota Ave
General Information
Standard status
Active
Size
4,320 SF
Lot size
0.35 Acres
Property subtype
INDUSTRIAL
Listing Agency:
KW Commercial | Central California
(559) 302-8698
Listed By:
Kevin Land · License #01516541
(559) 359-4035
Source:
Moodyscre
Added: Jun 28, 2023
Changed: Jul 6
Last Checked: Jul 21 at 6:29AM
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 KW Commercial | Central California
Investment Insights
Based on property information with market context.
This property features a ±4,320 square foot clear span freestanding warehouse building with a detached office, situated on 0.35 acres of land. The warehouse building encompasses ±3,600 square feet and includes four 12'x12' rollup doors, two man doors, a 14' clear height, and a 20'x24' covered structure that connects the office and warehouse. The office building, located on the east side of the property, measures ±720 square feet and offers direct access to the entrance gate. The property is fully fenced with a completely paved yard area and two main entrances. The warehouse is currently split into two sections, measuring ±1,950 and ±1,650 square feet. It has excellent access to freeways 180 and 99. The property is equipped with 600 amps of 3-phase power and is in close proximity to major traffic generators.
Key Highlights
- Excellent access to FWY‑180 & FWY‑99.
- ±4,320 sf total: ±3,600 sf warehouse and ±720 sf office.
- Freestanding building with CA‑99 exposure.
Financial Insights For Warehouse
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 | $46.1k | $10.68 |
| − Vacancy | −$794 | −$0.18 |
| EGI | $45.3k | $10.50 |
| − OpEx | −$6.8k | −$1.57 |
| NOI | $38.5k | $8.92 |
4,320 SF · lease $10.68/SF/yr · vacancy 1.72% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$550.6K
$481.8K – $642.4K
NOI $38,542 @ 7.0% cap · market cap 8.58%
Second Best
Industrial
$453.4K
$396.8K – $529.0K
NOI $31,741 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M
NOI $89,113 @ 7.0% cap · market cap 19.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
360
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Properties on Market for Warehouses in Fresno
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Derrel's Mini Storage — 1800 W Belmont Ave, Fresno, CA 93728
- Central Mini Storage — 1309 N Golden State Blvd, Fresno, CA 93728
- U-Pack — 330 S Teilman Ave, Fresno, CA 93706
Frequently Asked Questions
What type of property is this?
Warehouse - 4,320 SF warehouse with office on 0.35 acres.
Where is this warehouse located?
The property is located at 1308 W Iota Ave Fresno, CA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Excellent access to FWY‑180 & FWY‑99.; ±4,320 sf total: ±3,600 sf warehouse and ±720 sf office.; Freestanding building with CA‑99 exposure.
