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Brick Office Building with Dual Entry
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1463-1465 N Van Ness Ave, Fresno, CA 93728

Brick office building totaling about 3,240 sq. ft., with reception, private offices, conference room, storage, and dual entrances.

Property Size3,240 SF
Price / SF$185.19
Days on Market327

Property Features for 1463-1465 N Van Ness Ave

General Information

Standard status Active
Size 3,240 SF
Property subtype OFFICE

Site & Location

Neighborhood Fresno High-Roeding

Amenities

large display windows
reception area
private offices
conference room
ample storage
dual entrances
Listing Agency: Fortune Associates Commercial Real Estate Brokerage
Listed By: Joel Martinez · License #02168127
Source: Moodyscre
Added: Dec 12, 2025 Changed: Nov 3 Last Checked: Nov 3 at 7:36AM

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 Fortune Associates Commercial Real Estate Brokerage

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Investment Insights

Based on property information with market context.

1463–1465 N Van Ness Ave is a distinctive brick office building offering approximately 3,240 sq. ft. of office space. The interior layout includes a reception area, private offices, a conference room, ample storage, and large display windows designed to support a professional work environment.

The building has dual entrances for access from both sides of the property. Located along N Van Ness Avenue in Fresno’s Tower District, it benefits from prominent visibility on a well-traveled downtown corridor.

The Tower District is known for its walkable streets and local retail mix, with nearby businesses including Component Coffee, Sam's Italian Deli & Market, Veni Vidi Vici, and Howlin Wolf.

Key Highlights

  • Approximately 3,240 sq. ft. brick office building on N. Van Ness Avenue in Fresno’s Tower District
  • Office layout includes a reception area, private offices, and a conference room
  • Large display windows for customer or client visibility

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,968
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,360 $959.4K
Cap Rate 7%
$685,257 $685.3K
Cap Rate 9%
$532,978 $533.0K
Market Conditions
NOI Build-Up for 3,240 SF
Gross rent
$68.0K $21.00/SF
− Vacancy
−$4.1K −$1.26/SF
EGI
$64.0K $19.74/SF
− OpEx
−$16.0K −$4.94/SF
NOI
$48.0K $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%
$959,360
Cap Rate 7%
$685,257
Cap Rate 9%
$532,978

Alternative Uses

Best Use
Office B
$685.3K
$599.6K – $799.5K (±1% cap)
NOI $47,968 @ 7.0% cap · market cap 7.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$954.8K
$835.4K – $1.11M (±1% cap)
NOI $66,835 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Acupuncture Butcher

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

1,293
Businesses Nearby

Demographics for 93728, CA

16,191
Population
6,878
Households
2.4
Avg Household Size
35
Median Age
18%
College-Educated
77%
High-School Grad
3.0 sq mi
ZIP Area
5,397
Density / Sq Mi
$52,809
Median Household Income
$34,696
Median Earnings
$1,243
Median Rent
$239,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Brick office building totaling about 3,240 sq. ft., with reception, private offices, conference room, storage, and dual entrances.
Where is this office building located?
The property is located at 1463-1465 N Van Ness Ave Fresno, CA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Approximately 3,240 sq. ft. brick office building on N. Van Ness Avenue in Fresno’s Tower District; Office layout includes a reception area, private offices, and a conference room; Large display windows for customer or client visibility
(559) 490-2500 · Office Call to check price and availability
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