Fresno Office Building Investment
4910 E Ashlan Ave Fresno, CA 93726
4910 E Ashlan Ave, Fresno, CA, 93726
$7,295,000
For Sale
$7,295,000
45,667 SF, 8-unit office building in Fresno, CA.
Property Size45,667 SF
Price / SF$159.74
Days on Market139
Property Features for 4910 E Ashlan Ave
General Information
- Standard status
- Active
- Size
- 45,667 SF
- Property subtype
- Office
Building Details
- Year Built
- 2000
Listing agency
SVN | Clovis Commercial
(559) 289-6064
Listed by
Cameron Graham · License #CalDRE #01970844
(559) 289-6064
Source
Svn
Added: Mar 6 Updated: Jul 10 at 3:48PM Checked: Jul 23 at 4:43AM
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 4910 E Ashlan Ave in Fresno, CA, this 45,667 square foot, 8-unit office building was constructed in 2000. Zoned IL, the property is situated on a major thoroughfare in a convenient Fresno location. The building offers well-maintained office spaces and attached warehouse space. The property is located near a mix of businesses, retail establishments, and amenities such as restaurants and shops. Its convenient proximity to Highway 168 and the Fresno Yosemite International makes it an easily accessible and central location for businesses and professionals in Fresno. The property is an ideal setting for office space investors and presents a solid investment with 71.91% occupancy, offering a promising opportunity for investors seeking a valuable addition to their portfolio.
Key Highlights
- Prime investment opportunity: 8‑unit office building in Fresno, CA.
- High occupancy rate: 71.91% currently occupied.
- Convenient location: Situated on a major thoroughfare with easy access to Highway 168 and Fresno Yosemite International.
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 | $822.0k | $18.00 |
| − Vacancy | −$148.0k | −$3.24 |
| EGI | $674.0k | $14.76 |
| − OpEx | −$168.5k | −$3.69 |
| NOI | $505.5k | $11.07 |
45,667 SF · lease $18.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.22M
$6.32M – $8.43M
NOI $505,534 @ 7.0% cap · market cap 6.93%
Second Best
Flex RnD
$6.59M
$5.77M – $7.69M
NOI $461,282 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$9.47M
$8.29M – $11.05M
NOI $662,866 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
illipsis
Recording Studio
Clovis Pediatric Group
Pediatrician
Jessica Heredia
Community Health Centre
Joanna Arredondo
Social Worker
Fanny Cortez
Counselor
Similar For Sale Nearby
Similar Off Market Nearby
- Southern Hospitality Company — 3185 Willow Ave, Clovis, CA 93612
- ICOOKTEPPAN — 3185 Willow Ave Suite D, Clovis, CA 93612
FAQs
What type of property is this?
Flex space - 45,667 SF, 8-unit office building in Fresno, CA.
Where is this flex space located?
The property is located at 4910 E Ashlan Ave Fresno, CA.
What is the asking price?
The asking price for this property is $7,295,000.
What are key features of this property?
This property features: Prime investment opportunity: 8‑unit office building in Fresno, CA.; High occupancy rate: 71.91% currently occupied.; Convenient location: Situated on a major thoroughfare with easy access to Highway 168 and Fresno Yosemite International.
