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Industrial Flex Portfolio
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5697 E Fountain Way, Fresno, CA 93727

Large industrial/flex property built in 1970, zoned for light industrial, with multiple buildings suitable for manufacturing or distribution.

Property Size19,900 SF
Price / SF$77.89
Days on Market535

Property Features for 5697 E Fountain Way

General Information

Standard status Active
Size 19,900 SF
Property subtype INDUSTRIAL
Zoning Light Industrial

Building Details

Year Built 1970
Listing Agency: Newmark Pearson Commercial | Fresno
Listed By: Nick J. Audino · License #02094434
Source: Moodyscre
Added: Feb 13, 2025 Changed: Jul 28 Last Checked: Aug 2 at 7:22AM

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

Investment Insights

Based on property information with market context.

This industrial/flex property was built in 1970 and consists of multiple buildings designed to support a range of industrial uses. The offering includes a portfolio configuration, providing flexibility for manufacturing, distribution, or other flexible industrial workspace needs. The property is zoned for Light Industrial.

The asset is located at 5697 E Fountain Way in Fresno, California. This location supports industrial business activity in the surrounding area.

With its multi-building setup and light industrial zoning, the property lends itself to tenants or owners seeking an adaptable industrial footprint within a flex-oriented configuration.

Key Highlights

  • Large industrial/flex property in Fresno, CA built in 1970
  • Zoned for Light Industrial
  • Multiple buildings included, offering flexibility for industrial uses like manufacturing or distribution

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 $212.5k $10.68
− Vacancy −$8.9k −$0.45
EGI $203.6k $10.23
− OpEx −$61.1k −$3.07
NOI $142.5k $7.16
19,900 SF · lease $10.68/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$2.47M
$2.16M – $2.88M (±1% cap)
NOI $173,065 @ 7.0% cap · market cap 11.17%
Second Best
Flex RnD
$2.32M
$2.03M – $2.71M (±1% cap)
NOI $162,546 @ 7.0% cap · market cap 10.49%
Theoretical Best
Office A
$5.64M
$4.94M – $6.58M (±1% cap)
NOI $394,811 @ 7.0% cap · market cap 25.47%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Nail Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

743
Businesses Nearby
Under-served
Demand for This Use

Demographics for 93727, CA

83,212
Population
25,919
Households
3.2
Avg Household Size
31
Median Age
24%
College-Educated
84%
High-School Grad
22.0 sq mi
ZIP Area
3,782
Density / Sq Mi
$82,247
Median Household Income
$42,002
Median Earnings
$1,277
Median Rent
$370,300
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Bulldog.Catering — 2980 N Sunnyside Ave #107, Fresno, CA 93727
  • Hewitt's Catering — 2960 N Sunnyside Ave # 106, Fresno, CA 93727
  • Ice Tenders International — 5645 E Clinton Ave Suite #2, Fresno, CA 93727

Frequently Asked Questions

What type of property is this?
Flex space - Large industrial/flex property built in 1970, zoned for light industrial, with multiple buildings suitable for manufacturing or distribution.
Where is this flex space located?
The property is located at 5697 E Fountain Way Fresno, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Large industrial/flex property in Fresno, CA built in 1970; Zoned for Light Industrial; Multiple buildings included, offering flexibility for industrial uses like manufacturing or distribution
(559) 284-2396 Call to check price and availability
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