Office Suite with Private
1515 Draper Street, Kingsburg, CA 93631
For Sale
Contact for pricing
The layout combines private workrooms with shared workspace, meeting, reception, and support areas.
Property Size6,852 SF
Price / SF$0.49
Days on Market16
Property Features for 1515 Draper Street
General Information
Standard status
Size
Additional Details
Condition
Property Use
Amenities
reception area
conference room
full kitchen
private restrooms
Listing Agency:
RC Commercial
Listed By:
Derek J. Feramisco · License CA #01427540
(559) 448-1500
Source:
Exprealty
Added: Oct 26
Changed: Nov 8
Last Checked: Nov 10 at 9:50AM
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 office property at 1515 Draper Street in Kingsburg is arranged with five private offices, a shared workstation area, and a copy and file room. A reception area and conference room support visitor reception and meetings, while the kitchen and two private restrooms serve staff and guests.
Parking includes a private lot across the street, along with street parking. The property also has pedestrian access and is near dining, banking, and shopping.
Parking includes a private lot across the street, along with street parking. The property also has pedestrian access and is near dining, banking, and shopping.
Key Highlights
- Five private offices, shared workstation area, and dedicated copy and file room
- Reception area and conference room
- Kitchen and 2 private restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,207
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,644,140
$1.6M
Cap Rate 7%
$1,174,386
$1.2M
Cap Rate 9%
$913,411
$913.4K
Market Conditions
NOI Build-Up for 6,852 SF
Gross rent
$158.7K $23.16/SF
− Vacancy
−$49.1K −$7.16/SF
EGI
$109.6K $16.00/SF
− OpEx
−$27.4K −$4.00/SF
NOI
$82.2K $12.00/SF
Area
Fresno County, CA
Vacancy
30.93%
Lease Rate
$23.16 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,644,140
Cap Rate 7%
$1,174,386
Cap Rate 9%
$913,411
Alternative Uses
Best Use
Office B
$1.17M
$1.03M – $1.37M
NOI $82,207 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.94M
$1.70M – $2.27M
NOI $135,942 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
676
Businesses Nearby
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Business Placement
Demographics for 93631, CA
16,843
Population
6,149
Households
2.7
Avg Household Size
37
Median Age
22%
College-Educated
85%
High-School Grad
82.5 sq mi
ZIP Area
204
Density / Sq Mi
$81,226
Median Household Income
$42,034
Median Earnings
$1,117
Median Rent
$379,600
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Fresno County, CA
Properties on Market for Office Units in Fresno County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The layout combines private workrooms with shared workspace, meeting, reception, and support areas.
Where is this office unit located?
The property is located at 1515 Draper Street Kingsburg, CA.
What are key features of this property?
This property features: Five private offices, shared workstation area, and dedicated copy and file room; Reception area and conference room; Kitchen and 2 private restrooms
