Listing Agency: SVN | Clovis Commercial Show Phone

Listed By: Cameron Graham · License #1970844 Show Phone

Source: Moodyscre

Added: Feb 13 Changed: Oct 31 Last Checked: Nov 4 at 3:41PM

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Investment Insights

Based on property information with market context.

This for-sale flex office-warehouse property includes a mix of office space and warehouse-style improvements within a total size of 6,200 square feet.

The property is located at 2727 N Grove Industrial Dr in Fresno, CA 93727, supporting a flexible setup for businesses seeking both work area and storage/operations space in one facility.

Offered as a single commercial asset, the configuration is suited to tenants or owner-users looking to combine office functions with warehouse needs under one roof.

Key Highlights

• Flex space for sale with a total of 6,200 SF
• Includes office and warehouse‑style areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$44,404

Cap Rate

8.88%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$888,080 $888.1K

Cap Rate 7%

$634,343 $634.3K

Cap Rate 9%

$493,378 $493.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,200 SF

Gross rent

$66.2K $10.68/SF

− Vacancy

−$2.8K −$0.45/SF

EGI

$63.4K $10.23/SF

− OpEx

−$19.0K −$3.07/SF

NOI

$44.4K $7.16/SF

Area

ZIP 93727

Vacancy

4.20%

Lease Rate

$10.68 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$888,080

Cap Rate 7%

$634,343

Cap Rate 9%

$493,378

Alternative Uses

Best Use

Office B

$1.38M

$1.21M – $1.61M (±1% cap)

NOI $96,520 @ 7.0% cap · market cap 19.30%

Second Best

Warehouse

$770.3K

$674.0K – $898.7K (±1% cap)

NOI $53,920 @ 7.0% cap · market cap 10.78%

Theoretical Best

Office A

$1.76M

$1.54M – $2.05M (±1% cap)

NOI $123,006 @ 7.0% cap · market cap 24.60%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Innovatech Solutions (Bike/Boat/Book/etc) Store Innovative Industrial Coatings General Contractor Xepler UI/UX Design (Bike/Boat/Book/etc) Store Bixly (Bike/Boat/Book/etc) Store Island Photography (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Building Supply Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,035

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 93727, CA

83,212

Population

25,919

Households

3.2

Avg Household Size

31

Median Age

24%

College-Educated

84%

High-School Grad

22.0 sq mi

ZIP Area

3,782

Density / Sq Mi

$82,247

Median Household Income

$42,002

Median Earnings

$1,277

Median Rent

$370,300

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Flex space - Flex space offering office and warehouse-style areas totaling 6,200 square feet for sale.

Where is this flex space located?

The property is located at 2727 N Grove Industrial Dr Fresno, CA.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Flex space for sale with a total of 6,200 SF; Includes office and warehouse‑style areas