2641 Fresno St Fresno, CA 93721
Two-story office building with parking near Divisadero Street.
Property Features for 2641 Fresno St
General Information
- Standard status
- Active
- Size
- 2,364 SF
- Property subtype
- Office
Building Details
- Year Built
- 1930
Listing office C21 Commercial (559) 359-4035
Listing date May 7, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Freestanding ±2,364 SF office building with 15 private on‑site parking spaces
- High‑traffic corner location near Divisadero Street retail corridor
- Remodeled with quality finishes, multiple restrooms, and multiple access points
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.6k | $21.00 |
| − Vacancy | −$3.0k | −$1.26 |
| EGI | $46.7k | $19.74 |
| − OpEx | −$11.7k | −$4.94 |
| NOI | $35.0k | $14.81 |