Heavy Industrial Warehouse with
For Sale
$1,400,000
2641 S Maple Avenue, Fresno, CA 93725
Commercial Sale, Fresno, CA
Property Size12,310 SF
Lot Size1.13 Acres
Price / SF$113.73
Days on Market51
Property Features for 2641 S Maple Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
M3 (Heavy Industrial)
Subdivision
99
Standard status
Active
APN
48707035
Size
12,310 SF
Lot size
1.13 Acres
Building Details
Year built
1965
Listing Agency:
RE/MAX Golden Empire · RE/MAX International
(661) 615-7506
Listed By:
Harmohan Rathour
(661) 525-8338
Added: Jul 2
Changed: Aug 19
Last Checked: Aug 21 at 11:06AM
MLS# 202607179
Copyright © 2026 Bakersfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 12,310 SF industrial building sits on a 1.14-acre lot and is configured for warehouse and operations use. The structure includes an 18' minimum clear height and three loading positions: one 10' x 11' loading dock door, one 10' x 8' dock-height door, and one 8' x 6' grade-level door. The electrical system requires updating, which should be considered in planning for occupancy or redevelopment.
The property is located on the southeast corner of South Maple Avenue and East Drummond in Southeast Fresno’s industrial corridor. The building is described as adjacent to active rail lines, supporting industrial logistics-minded use. The site is zoned M3 (Heavy Industrial) by the County of Fresno.
Designed for a range of heavy industrial applications under the M3 zoning designation, the facility may fit owner-users needing functional warehouse space and multiple loading options. For investors, the asset offers a straightforward industrial building configuration, with the primary diligence item noted as electrical system updating. Prospective tenants and buyers should plan accordingly based on the electrical condition and their operating requirements for dock and grade-level access.
The property is located on the southeast corner of South Maple Avenue and East Drummond in Southeast Fresno’s industrial corridor. The building is described as adjacent to active rail lines, supporting industrial logistics-minded use. The site is zoned M3 (Heavy Industrial) by the County of Fresno.
Designed for a range of heavy industrial applications under the M3 zoning designation, the facility may fit owner-users needing functional warehouse space and multiple loading options. For investors, the asset offers a straightforward industrial building configuration, with the primary diligence item noted as electrical system updating. Prospective tenants and buyers should plan accordingly based on the electrical condition and their operating requirements for dock and grade-level access.
Key Highlights
- 12,310 SF industrial building on a 1.14‑acre lot at 2641 S Maple Ave, Fresno, CA
- 18' minimum clear height with warehouse and operations space for industrial use
- Three loading positions: 10' x 11' dock door, 10' x 8' dock‑height door, and 8' x 6' grade‑level door
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
- Penny-Newman Grain Co — 2691 S Cedar Ave, Fresno, CA 93725
- Allied Storage Containers — 4750 E Commerce Ave, Fresno, CA 93725
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse on 1.14 acres with three loading positions and 18' minimum clear height, zoned M3.
Where is this warehouse located?
The property is located at 2641 S Maple Avenue 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 building on a 1.14‑acre lot at 2641 S Maple Ave, Fresno, CA; 18' minimum clear height with warehouse and operations space for industrial use; Three loading positions: 10' x 11' dock door, 10' x 8' dock‑height door, and 8' x 6' grade‑level door
