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Freestanding Warehouse with Detached Office

1308 W Iota Ave, Fresno, CA

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For Sale

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4,320 SF warehouse with office on 0.35 acres.

Type:INDUSTRIAL

Property size:

4,320 SF

Lot size:

0.35 Acres

Price / SF:

$103/SF

Contact for Pricing

Please call us for current price
and status of this listing

Jared Ennis

Real Estate License ID: 01516541

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.
(4) 12'x12' rollup doors with 14' clear height.
Fully fenced and paved yard area.
600 amps, 3 phase power.

For Sale

Contact for pricing

4,320 SF warehouse with office on 0.35 acres.

Type:INDUSTRIAL

Property size:

4,320 SF

Lot size:

0.35 Acres

Price / SF:

$103/SF

Added:: Jun 28, 2023
Days on Market:: 1079
Last Refresh:: May 20 at 8:40 pm

Property Features for 1308 W Iota Ave

General Information

Standard status: Active
Size: 4,320 SF
Lot size: 0.35 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Jared Ennis

Listing agent Kevin Land License #01516541

Listing office KW Commercial | Central California

Listing date Jun 28, 2023

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

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.
(4) 12'x12' rollup doors with 14' clear height.
Fully fenced and paved yard area.
600 amps, 3 phase power.

Overview

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.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

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 (±1% cap)

NOI $38,542 @ 7.0% cap · market cap 8.58%

Second Best

Industrial

$453.4K

$396.8K – $529.0K (±1% cap)

NOI $31,741 @ 7.0% cap · market cap 7.07%

Theoretical Best

Office A

$1.27M

$1.11M – $1.49M (±1% cap)

NOI $89,113 @ 7.0% cap · market cap 19.85%

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

Property Profile Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Similar Places 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

Location Insight

Map
Local Demand

City: Fresno
County: Fresno
State: California
Longitude: -119.827
Latitude: 36.7508

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For sale
Warehouses
CA
Fresno
1308 W Iota Ave

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.

1308 W Iota Ave, Fresno, CA

4,320 SF warehouse with office on 0.35 acres.

Property Features for 1308 W Iota Ave

General Information

We can help!

HighLights

Overview

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Retail Storefront Property

Mixed-Use Bar and Office Building

Sorority House Near Bulldog Stadium

Office Building For Sale

Automotive Service Retail Building

Fresno Commercial Property For Sale

Fresno Commercial Property For Sale

Fresno Income-Producing Fourplex

Office Building for Sale

Industrial Warehouse for Sale

Fresno Multifamily Value-Add Opportunity

Fresno Fourplex Investment Opportunity

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