Office/Warehouse Flex
For Sale
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135 Van Ness Ave, Fresno, CA 93721
Adaptable commercial building with office and warehouse areas under DTN mixed-use zoning.
Property Size9,660 SF
Price / SF$1.00
Days on Market61
Property Features for 135 Van Ness Ave
General Information
Standard status
Active
Size
9,660 SF
Listing Agency:
RC Commercial
Listed By:
Derek J. Feramisco · License #01427540
(559) 448-1500
Source:
Exprealty
Added: Aug 21
Changed: Oct 6
Last Checked: Oct 19 at 10:05AM
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 RC Commercial
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Investment Insights
Based on property information with market context.
This 9,660-square-foot flex property combines administrative office space with an open warehouse area in a functional office/industrial configuration. The building includes two restrooms and two roll-up doors, supporting a range of commercial operations. It occupies a 0.23-acre site at 135 Van Ness Ave in Fresno.
DTN zoning provides for a mixed-use setting with office, commercial, and creative industrial applications. The property offers direct access to Highway 41, Highway 99, and Highway 180, while its Van Ness Ave frontage provides a visible address for business identification and signage.
DTN zoning provides for a mixed-use setting with office, commercial, and creative industrial applications. The property offers direct access to Highway 41, Highway 99, and Highway 180, while its Van Ness Ave frontage provides a visible address for business identification and signage.
Key Highlights
- 9,660 SF office/warehouse building
- 0.23‑acre lot at 135 Van Ness Ave, Fresno, CA
- DTN mixed‑use zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,976
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,419,520
$1.4M
Cap Rate 7%
$1,013,943
$1.0M
Cap Rate 9%
$788,622
$788.6K
Market Conditions
NOI Build-Up for 9,660 SF
Gross rent
$103.2K $10.68/SF
− Vacancy
−$1.8K −$0.18/SF
EGI
$101.4K $10.50/SF
− OpEx
−$30.4K −$3.15/SF
NOI
$71.0K $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%
$1,419,520
Cap Rate 7%
$1,013,943
Cap Rate 9%
$788,622
Alternative Uses
Best Use
Office B
$2.04M
$1.79M – $2.38M
NOI $143,016 @ 7.0% cap · market cap 1,480.50%
Second Best
Flex RnD
$1.84M
$1.61M – $2.15M
NOI $128,845 @ 7.0% cap · market cap 1,333.80%
Theoretical Best
Office A
$2.85M
$2.49M – $3.32M
NOI $199,266 @ 7.0% cap · market cap 2,062.80%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,917
Businesses Nearby
Balanced
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Rubia’s Churro Parties — Fresno, CA 93721
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- The Hot Spot Kitchen — 504 E Belmont Ave, Fresno, CA 93701
- Covid-19 Testing Location - Peachys Catering — 541 N Fulton St, Fresno, CA 93728
- San Joaquin Catering — 2011 E Lewis Ave, Fresno, CA 93701
Frequently Asked Questions
What type of property is this?
Flex space - Adaptable commercial building with office and warehouse areas under DTN mixed-use zoning.
Where is this flex space located?
The property is located at 135 Van Ness Ave Fresno, CA.
What are key features of this property?
This property features: 9,660 SF office/warehouse building; 0.23‑acre lot at 135 Van Ness Ave, Fresno, CA; DTN mixed‑use zoning
