Rail-Adjacent Industrial
For Sale
Contact for pricing
2641 S MAPLE AVE, Fresno, CA 93725
M-3-zoned industrial warehouse with multiple loading positions and operations space on a sizable corner parcel.
Property Size12,310 SF
Lot Size1.14 Acres
Price / SF$113.73
Days on Market61
Property Features for 2641 S MAPLE AVE
General Information
Standard status
Active
Size
12,310 SF
Class
B
Lot size
1.14 Acres
Property subtype
Industrial
Zoning
M-3
Investment Type
Value Add
Property Condition
Severity
Repairs Needed
Evidence
electrical system requires updating
Warehouse & Industrial
Clear Height
18 ft
Dock-High Doors
2
Drive-In Doors
1
Additional Details
Road Access
Yes
Building Details
Year Built
1965
Buildings
1
Stories
1
Units
1
Building Size
12,310 SF
Construction
block and brick
Listing Agency:
RE/MAX Golden Empire
(661) 525-8338
Listed By:
Harmohan Rathour · License #DRE# 02146355
Source:
Crexi
Added: Jul 2
Changed: Aug 29
Last Checked: Aug 31 at 5:36AM
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 RE/MAX Golden Empire
Investment Insights
Based on property information with market context.
This 1965 block-and-brick industrial warehouse at 2641 S Maple Ave in Fresno contains ±12,310 SF of warehouse and operations space. The building provides an 18' minimum clear height and three loading positions: a 10' x 11' dock door, a 10' x 8' dock-height door, and an 8' x 6' grade-level door. The electrical system requires updating.
The property occupies ±1.14 acres at the southeast corner of South Maple and East Drummond in Southeast Fresno's industrial corridor. Active rail lines are adjacent to the site. County of Fresno M-3 zoning identifies the property for heavy industrial use.
The property occupies ±1.14 acres at the southeast corner of South Maple and East Drummond in Southeast Fresno's industrial corridor. Active rail lines are adjacent to the site. County of Fresno M-3 zoning identifies the property for heavy industrial use.
Key Highlights
- ±12,310 SF industrial warehouse and operations building
- ±1.14‑acre corner site at 2641 S MAPLE AVE, FRESNO, CA
- 18' minimum clear height
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
$109,828
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
7.84%
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%
$2,196,560
$2.2M
Cap Rate 7%
$1,568,971
$1.6M
Cap Rate 9%
$1,220,311
$1.2M
Market Conditions
NOI Build-Up for 12,310 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
$131.5K $10.68/SF
− Vacancy
−$2.3K −$0.18/SF
EGI
$129.2K $10.50/SF
− OpEx
−$19.4K −$1.57/SF
NOI
$109.8K $8.92/SF
Area
Fresno, CA
Vacancy
1.72%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
15.00%
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%
$2,196,560
Cap Rate 7%
$1,568,971
Cap Rate 9%
$1,220,311
Alternative Uses
Best Use
Warehouse
$1.57M
$1.37M – $1.83M
NOI $109,828 @ 7.0% cap · market cap 7.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.63M
$3.17M – $4.23M
NOI $253,931 @ 7.0% cap · market cap 18.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93725, CA
26,162
Population
6,998
Households
3.7
Avg Household Size
30
Median Age
13%
College-Educated
68%
High-School Grad
67.0 sq mi
ZIP Area
390
Density / Sq Mi
$71,099
Median Household Income
$34,943
Median Earnings
$1,222
Median Rent
$262,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Allied Storage Containers — 4750 E Commerce Ave, Fresno, CA 93725
- Penny-Newman Grain Co — 2691 S Cedar Ave, Fresno, CA 93725
Frequently Asked Questions
What type of property is this?
Warehouse - M-3-zoned industrial warehouse with multiple loading positions and operations space on a sizable corner parcel.
Where is this warehouse located?
The property is located at 2641 S MAPLE AVE Fresno, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: ±12,310 SF industrial warehouse and operations building; ±1.14‑acre corner site at 2641 S MAPLE AVE, FRESNO, CA; 18' minimum clear height
