1401-1421 N Clovis Ave Fresno, CA 93727
32,340 SF industrial complex suitable for various operations.
- Added:
- Apr 29, 2026
- Days on Market:
- 75
- Last Refresh:
- May 8 at 3:33 am
Property Features for 1401-1421 N Clovis Ave
General Information
- Standard status
- Active
- Size
- 32,340 SF
- Lot size
- 2.24 Acres
- Property subtype
- INDUSTRIAL
Listing office Newmark Pearson Commercial | Fresno (559) 707-4179
Listing date Apr 29, 2026
Source Moodyscre
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Investment Insights
Based on property information with market context.
Key Highlights
- 32,340± sq ft light industrial complex on 2.24± acres.
- Zoned IL (Light Industrial) allowing for warehouse, distribution, light manufacturing, or service‑oriented operations.
- Configured for multi‑tenant or flexible industrial use.
Local Financial Insights For Warehouse
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 | $345.4k | $10.68 |
| − Vacancy | −$14.5k | −$0.45 |
| EGI | $330.9k | $10.23 |
| − OpEx | −$49.6k | −$1.53 |
| NOI | $281.3k | $8.70 |
