Gated Office-Warehouse Flex
For Sale
Contact for pricing
1938 E Belmont Avenue, Fresno, CA 93701
Owner-user flex property with 2,010 SF of office and warehouse space on a fully gated corner lot.
Property Size2,010 SF
Price / SF$174.13
Days on Market99
Property Features for 1938 E Belmont Avenue
General Information
Standard status
Active
Size
2,010 SF
Property subtype
Mixed Use
Zoning
Neighborhood Mixed Use
Investment Type
Owner/User
Building Details
Year Built
2001
Listing Agency:
Colliers - Fresno, California
Listed By:
Zack Kaufman · License #CA 01902869
(559) 256-2448
Source:
Crexi
Added: Jul 8
Changed: Oct 8
Last Checked: Oct 12 at 4:52PM
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 Colliers - Fresno, California
Investment Insights
Based on property information with market context.
This former car lot property includes a 2,010 SF building configured for office and warehouse use. The offering is situated on a 0.37-acre parcel that is fully gated and set up as a corner lot, providing a secure setting for owner-occupant operations that need both functional workspace and warehousing capacity.
The property is located at 1938 E. Belmont Avenue in Fresno, CA, and benefits from nearby access to Highways 41 and 180. The site is zoned NMX—Neighborhood Mixed Use, supporting a flexible owner-user layout within the mixed-use zoning framework.
As a for-sale owner-user opportunity, the property combines adaptable office and warehouse space within a gated corner setting, making it well suited for tenants or buyers looking to combine administrative and storage/work functions in one location.
The property is located at 1938 E. Belmont Avenue in Fresno, CA, and benefits from nearby access to Highways 41 and 180. The site is zoned NMX—Neighborhood Mixed Use, supporting a flexible owner-user layout within the mixed-use zoning framework.
As a for-sale owner-user opportunity, the property combines adaptable office and warehouse space within a gated corner setting, making it well suited for tenants or buyers looking to combine administrative and storage/work functions in one location.
Key Highlights
- 2,010 SF building built in 2001 on a 0.37‑acre corner lot
- Owner‑user flex setup with office and warehouse buildings
- Fully gated lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,758
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,160
$595.2K
Cap Rate 7%
$425,114
$425.1K
Cap Rate 9%
$330,644
$330.6K
Market Conditions
NOI Build-Up for 2,010 SF
Gross rent
$42.2K $21.00/SF
− Vacancy
−$2.5K −$1.26/SF
EGI
$39.7K $19.74/SF
− OpEx
−$9.9K −$4.94/SF
NOI
$29.8K $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%
$595,160
Cap Rate 7%
$425,114
Cap Rate 9%
$330,644
Alternative Uses
Best Use
Office B
$425.1K
$372.0K – $496.0K
NOI $29,758 @ 7.0% cap · market cap 8.50%
Second Best
Flex RnD
$383.0K
$335.1K – $446.8K
NOI $26,809 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$592.3K
$518.3K – $691.0K
NOI $41,462 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,835
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93701, CA
12,037
Population
3,836
Households
3.1
Avg Household Size
28
Median Age
7%
College-Educated
48%
High-School Grad
1.5 sq mi
ZIP Area
8,025
Density / Sq Mi
$32,192
Median Household Income
$26,875
Median Earnings
$926
Median Rent
$207,600
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
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Frequently Asked Questions
What type of property is this?
Flex space - Owner-user flex property with 2,010 SF of office and warehouse space on a fully gated corner lot.
Where is this flex space located?
The property is located at 1938 E Belmont Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,010 SF building built in 2001 on a 0.37‑acre corner lot; Owner‑user flex setup with office and warehouse buildings; Fully gated lot
