Class A Office
2641 Fresno St, Fresno, CA
Call to check price and availability
Move-in ready office space with on-site parking in Fresno.
Type:OFFICE
Property size:
2,364 SFLot size:
0.31 AcresPrice / SF:
$264/SF- Added:
- Jun 24, 2024
- Days on Market:
- 707
- Last Refresh:
- May 20 at 8:40 pm
Property Features for 2641 Fresno St
General Information
- Standard status
- Active
- Size
- 2,364 SF
- Lot size
- 0.31 Acres
- Property subtype
- OFFICE
Properties For Sale
at 2641 Fresno St Contact us
Listing agent Jared Ennis License #01516541
Listing office KW Commercial | Central California (559) 705-1000
Listing date Jun 24, 2024
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 KW Commercial | Central California
HighLights
- 27 Free On‑Site Downtown Parking Spaces
- ±2,364 SF of Class A Office Space
- Convenient Location Near CA‑41 and CA‑99
- Move‑In Ready with New Finishes
- High‑Speed Comcast Fiber Internet
- Well‑Known Freestanding Office Building
Overview
This Class A office space offers approximately 2,364 square feet in Fresno. The property is move-in ready and features new finishes. It includes private offices, open rooms, and multiple entrance points. On-site parking is available, with 27 free downtown parking spaces, along with abundant street parking. The location provides convenient access to CA-41 on/off-ramps, situated 0.5 miles east, and CA-99 on/off-ramps, located 1 mile west. The property benefits from a large daytime population base of approximately 330,117 within a 5-mile radius. It is a well-known freestanding office building with private parking on all sides, ensuring easy access. New HVAC systems are in place, and energy-efficient improvements have been made. Utilities are separately metered. High-speed Comcast fiber internet is available. The property offers excellent presence and is surrounded by quality tenants. Its location is convenient, situated between CA-41, CA-99, and CA-180.
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 | $49.6k | $21.00 |
| − Vacancy | −$3.0k | −$1.26 |
| EGI | $46.7k | $19.74 |
| − OpEx | −$11.7k | −$4.94 |
| NOI | $35.0k | $14.81 |
2,364 SF · lease $21.00/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$500.0K
$437.5K – $583.3K
NOI $34,999 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$696.6K
$609.6K – $812.8K
NOI $48,765 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Philippe Dwelshauvers, A Law ...
Law Firm
Martinez A M
Roofing Company
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.786
- Latitude
- 36.7407
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Move-in ready office space with on-site parking in Fresno.
Where is this office units located?
The property is located at 2641 Fresno St Fresno, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: **27 Free On‑Site Downtown Parking Spaces**; **±2,364 SF of Class A Office Space**; Convenient Location Near CA‑41 and CA‑99
