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Industrial Property
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1833 E Hedges Ave, Fresno, CA 93703

Industrial property with building space for commercial operations.

Property Size9,336 SF
Price / SF$96.40
Days on Market548

Property Features for 1833 E Hedges Ave

General Information

Standard status Active
Size 9,336 SF
Property subtype INDUSTRIAL
Listing Agency: Lee & Associates
Listed By: Tony Naples · License #01811344
Source: Moodyscre
Added: Apr 15, 2025 Changed: Oct 14 Last Checked: Oct 12 at 4:49PM

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 Lee & Associates

Investment Insights

Based on property information with market context.

This industrial property includes 9,336 square feet of building area at 1833 E Hedges Ave in Fresno, California. The asset is offered for sale and provides a commercial property platform for industrial-related operations.

Key Highlights

  • 9,336 square feet of building area
  • Industrial property classification
  • Located at 1833 E Hedges Ave, Fresno, CA 93703

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$68,595
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,371,900 $1.4M
Cap Rate 7%
$979,929 $979.9K
Cap Rate 9%
$762,167 $762.2K
Market Conditions
NOI Build-Up for 9,336 SF
Gross rent
$99.7K $10.68/SF
− Vacancy
−$1.7K −$0.18/SF
EGI
$98.0K $10.50/SF
− OpEx
−$29.4K −$3.15/SF
NOI
$68.6K $7.35/SF
Area
Fresno, CA
Vacancy
1.72%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,371,900
Cap Rate 7%
$979,929
Cap Rate 9%
$762,167

Alternative Uses

Best Use
Industrial
$979.9K
$857.4K – $1.14M (±1% cap)
NOI $68,595 @ 7.0% cap · market cap 7.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.75M
$2.41M – $3.21M (±1% cap)
NOI $192,583 @ 7.0% cap · market cap 21.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Electrical Service Kitchen & Bath Showroom HVAC Service

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

1,044
Businesses Nearby

Demographics for 93703, CA

34,840
Population
11,155
Households
3.1
Avg Household Size
31
Median Age
9%
College-Educated
72%
High-School Grad
4.8 sq mi
ZIP Area
7,258
Density / Sq Mi
$43,236
Median Household Income
$30,359
Median Earnings
$1,204
Median Rent
$250,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Industrial property - Industrial property with building space for commercial operations.
Where is this industrial property located?
The property is located at 1833 E Hedges Ave Fresno, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 9,336 square feet of building area; Industrial property classification; Located at 1833 E Hedges Ave, Fresno, CA 93703
(818) 395-4373 Call to check price and availability
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