Medical Office
For Sale
$800,000
1326 Van Ness Avenue, Fresno, CA 93721
The existing dental-practice setting can be configured as two separate spaces.
Property Size4,253 SF
Price / SF$188.10
Days on Market10
Property Features for 1326 Van Ness Avenue
General Information
Standard status
Active
Size
4,253 SF
Building Details
Buildings
1
Listing Agency:
Iron Key Real Estate
(559) 296-8044
Listed By:
Mario J. Trevino · License #02112512
(559) 706-4717
Source:
Exprealty
Added: Sep 28
Changed: Oct 7
Last Checked: Oct 7 at 2:49PM
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 Iron Key Real Estate
Investment Insights
Based on property information with market context.
This medical office property is offered as a building-only sale and is currently occupied by a dental practice. Its layout offers the potential to divide the premises into two separate spaces, providing flexibility in how the building is configured.
Key Highlights
- Building‑only sale
- Currently occupied by a dental practice
- Potential to divide the premises into two separate spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,966
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,259,320
$1.3M
Cap Rate 7%
$899,514
$899.5K
Cap Rate 9%
$699,622
$699.6K
Market Conditions
NOI Build-Up for 4,253 SF
Gross rent
$89.3K $21.00/SF
− Vacancy
−$5.4K −$1.26/SF
EGI
$84.0K $19.74/SF
− OpEx
−$21.0K −$4.94/SF
NOI
$63.0K $14.81/SF
Area
Fresno, CA
Vacancy
6.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,259,320
Cap Rate 7%
$899,514
Cap Rate 9%
$699,622
Alternative Uses
Best Use
Office B
$899.5K
$787.1K – $1.05M
NOI $62,966 @ 7.0% cap · market cap 7.87%
Second Best
Healthcare Medical
$826.8K
$723.4K – $964.6K
NOI $57,875 @ 7.0% cap · market cap 7.23%
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M
NOI $87,731 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,819
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93721, CA
7,899
Population
2,621
Households
3
Avg Household Size
35
Median Age
12%
College-Educated
69%
High-School Grad
2.0 sq mi
ZIP Area
3,950
Density / Sq Mi
$32,602
Median Household Income
$26,746
Median Earnings
$915
Median Rent
$219,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - The existing dental-practice setting can be configured as two separate spaces.
Where is this medical office space located?
The property is located at 1326 Van Ness Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Building‑only sale; Currently occupied by a dental practice; Potential to divide the premises into two separate spaces
