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Office Building For Sale
For Sale
$998,000

1490 W Shaw Avenue, Fresno, CA 93711

Commercial, Fresno, CA

Property Size5,059 SF
Lot Size0.34 Acres
Price / SF$197.27
Days on Market161

Property Features for 1490 W Shaw Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning description CMX
Exterior features Stucco
Directions From 41 to Shaw Avenue, head West. Property in on your left just past Fruit. Park on street or behind building. Plenty of parking behind the building.
Subdivision 711
Standard status Active
APN 41728231
Size 5,059 SF
Lot size 0.34 Acres

Building Details

Year built 1967
Floors in Building 1
Roof type Composition, Metal
Listing Agency: Realty Concepts - Oakhurst
Listed By: Tonya Regert · License #02102624
Added: Apr 30 Changed: Oct 7 Last Checked: Oct 7 at 7:06PM
MLS# 648980

Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property is an office building totaling 5,059 square feet, offered for sale on a 0.3444-acre lot. It presents as a dedicated commercial office asset suitable for owner-users or tenants seeking a stand-alone building format.

The building is located at 1490 W Shaw Avenue in Fresno, CA 93711. The property’s Fresno setting supports everyday office needs and provides a straightforward address for clients, staff, and deliveries.

For prospective tenants or buyers, the key consideration is the available office footprint within a single-building configuration. Because the offering is for sale, it may appeal to users looking to secure their space directly rather than lease, as well as investors or operators who prefer to evaluate the building as an asset. Interested parties should confirm specific interior layout, current condition, and any improvements or tenant-ready details during due diligence.

Key Highlights

  • Stucco exterior
  • Roof: composition and metal
  • Year built: 1967

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$74,898
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,497,960 $1.5M
Cap Rate 7%
$1,069,971 $1.1M
Cap Rate 9%
$832,200 $832.2K
Market Conditions
NOI Build-Up for 5,059 SF
Gross rent
$106.2K $21.00/SF
− Vacancy
−$6.4K −$1.26/SF
EGI
$99.9K $19.74/SF
− OpEx
−$25.0K −$4.94/SF
NOI
$74.9K $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%
$1,497,960
Cap Rate 7%
$1,069,971
Cap Rate 9%
$832,200

Alternative Uses

Best Use
Office B
$1.07M
$936.2K – $1.25M (±1% cap)
NOI $74,898 @ 7.0% cap · market cap 7.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M (±1% cap)
NOI $104,357 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Farmers Insurance - Gregory ... Insurance Agency Gallery II Art Gallery Secret Garden Studio Spa & Massage Center

Suggested Use

Top Pick HVAC Service Auto Repair Shop Auto Parts Store Electrical Service Furniture & Home Goods Garden Center

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

1,303
Businesses Nearby

Demographics for 93711, CA

37,901
Population
16,643
Households
2.3
Avg Household Size
43
Median Age
46%
College-Educated
93%
High-School Grad
11.2 sq mi
ZIP Area
3,384
Density / Sq Mi
$97,492
Median Household Income
$53,122
Median Earnings
$1,561
Median Rent
$469,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Well-sized office building offered for sale in Fresno, California.
Where is this office building located?
The property is located at 1490 W Shaw Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Stucco exterior; Roof: composition and metal; Year built: 1967
More about this property
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