Freestanding Professional Office
For Sale
Contact for pricing
2610 W SHAW LN, Fresno, CA 93711
Professional office layout with private offices, open work areas, meeting space, kitchen facilities, and on-site parking.
Property Size7,000 SF
Lot Size0.51 Acres
Price / SF$173.18
Days on Market56
Property Features for 2610 W SHAW LN
General Information
Standard status
Active
Size
7,000 SF
Class
B
Lot size
0.51 Acres
Property subtype
Office
Zoning
CMX - Corridor/Center Mixed Use
Amenities
fiber optic connectivity
Building Details
Year Built
1984
Buildings
1
Stories
1
Units
1
Building Size
7,000 SF
Listing Agency:
C21 Commercial
(559) 359-4035
Listed By:
Jared Ennis · License #CA
Source:
Crexi
Added: Jul 8
Changed: Aug 31
Last Checked: Sep 1 at 4:02AM
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 C21 Commercial
Investment Insights
Based on property information with market context.
This 7,000-square-foot professional office building sits on an approximately 22,216-square-foot lot and was built in 1984. The interior includes a reception area, 12 private offices, two open workspace areas, one meeting room, a kitchen, and four bathrooms. Fiber optic connectivity and a foam roof are also in place.
The property is positioned in Northwest Fresno near Shaw Avenue and Van Ness Boulevard, with proximity to Fig Garden Village and its retail, dining, and service offerings. On-site parking is supplemented by street parking. CMX - Corridor/Center Mixed Use zoning supports the property's office setting, while HOA services include exterior maintenance, landscaping, security, utilities, trash service, parking lot sweeping, and property management.
The property is positioned in Northwest Fresno near Shaw Avenue and Van Ness Boulevard, with proximity to Fig Garden Village and its retail, dining, and service offerings. On-site parking is supplemented by street parking. CMX - Corridor/Center Mixed Use zoning supports the property's office setting, while HOA services include exterior maintenance, landscaping, security, utilities, trash service, parking lot sweeping, and property management.
Key Highlights
- 7,000 SF professional office building on an approximately 22,216 SF lot
- 12 private offices, two open work areas, one meeting room, kitchen, and four bathrooms
- Built in 1984 with a foam roof and fiber optic connectivity
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$103,635
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,072,700
$2.1M
Cap Rate 7%
$1,480,500
$1.5M
Cap Rate 9%
$1,151,500
$1.2M
Market Conditions
NOI Build-Up for 7,000 SF
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.
Gross rent
$147.0K $21.00/SF
− Vacancy
−$8.8K −$1.26/SF
EGI
$138.2K $19.74/SF
− OpEx
−$34.5K −$4.94/SF
NOI
$103.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,072,700
Cap Rate 7%
$1,480,500
Cap Rate 9%
$1,151,500
Alternative Uses
Best Use
Office B
$1.48M
$1.30M – $1.73M
NOI $103,635 @ 7.0% cap · market cap 8.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.06M
$1.80M – $2.41M
NOI $144,396 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,022
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Professional office layout with private offices, open work areas, meeting space, kitchen facilities, and on-site parking.
Where is this office building located?
The property is located at 2610 W SHAW LN Fresno, CA.
What is the asking price?
The asking price for this property is $1,212,288.
What are key features of this property?
This property features: 7,000 SF professional office building on an approximately 22,216 SF lot; 12 private offices, two open work areas, one meeting room, kitchen, and four bathrooms; Built in 1984 with a foam roof and fiber optic connectivity
