Medical Office Building with Exam
For Sale
$1,325,000
2763 E Shaw Avenue, Fresno, CA 93710
A 7,704-square-foot medical office property offers private exam rooms, reception space, and ADA-compliant restrooms.
Property Size7,704 SF
Price / SF$171.99
Days on Market130
Property Features for 2763 E Shaw Avenue
General Information
Standard status
Active
Size
7,704 SF
Property subtype
Commercial
Site & Location
Neighborhood
Hoover
Additional Details
Condition
Turnkey
Property Use
Medical Office
Medical Specialty
Primary Care, Specialty Clinics, Mental Health, Chiropractic, Outpatient Services
Amenities
private security
LED-lit walkways
Building Details
Building Size
7,704 SF
Year Built
1986
Buildings
1
Listing Agency:
Century 21 Select Real Estate
Listed By:
Bill Mayhugh · License #CA00690466
(559) 250-8877
Source:
Pinkkeyrealestate
Added: Jun 24
Changed: Oct 30
Last Checked: Oct 30 at 2:12PM
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 Century 21 Select Real Estate
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Investment Insights
Based on property information with market context.
Built in 1986, this 7,704-square-foot medical office building contains suites with private exam rooms and reception areas. ADA-compliant restrooms serve the premises, and the suites are described as ready for occupancy. The property is suitable for medical office use and is not intended for retail.
The building occupies the corner of Shaw and Chestnut in Fresno. Community Regional and Saint Agnes Medical Centers are described as a short drive away. On-site parking, signage, private security, and LED-lit walkways are also noted, along with exterior improvements.
The building occupies the corner of Shaw and Chestnut in Fresno. Community Regional and Saint Agnes Medical Centers are described as a short drive away. On-site parking, signage, private security, and LED-lit walkways are also noted, along with exterior improvements.
Key Highlights
- 7,704‑square‑foot medical office building
- Private exam rooms and reception areas
- ADA‑compliant restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,058
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,281,160
$2.3M
Cap Rate 7%
$1,629,400
$1.6M
Cap Rate 9%
$1,267,311
$1.3M
Market Conditions
NOI Build-Up for 7,704 SF
Gross rent
$161.8K $21.00/SF
− Vacancy
−$9.7K −$1.26/SF
EGI
$152.1K $19.74/SF
− OpEx
−$38.0K −$4.94/SF
NOI
$114.1K $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 Rate 5%
$2,281,160
Cap Rate 7%
$1,629,400
Cap Rate 9%
$1,267,311
Alternative Uses
Best Use
Office B
$1.63M
$1.43M – $1.90M
NOI $114,058 @ 7.0% cap · market cap 8.61%
Second Best
Healthcare Medical
$1.50M
$1.31M – $1.75M
NOI $104,836 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$2.27M
$1.99M – $2.65M
NOI $158,918 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
595
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 93710, CA
30,552
Population
12,581
Households
2.4
Avg Household Size
32
Median Age
30%
College-Educated
89%
High-School Grad
6.2 sq mi
ZIP Area
4,928
Density / Sq Mi
$62,294
Median Household Income
$32,232
Median Earnings
$1,337
Median Rent
$348,600
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A 7,704-square-foot medical office property offers private exam rooms, reception space, and ADA-compliant restrooms.
Where is this medical office space located?
The property is located at 2763 E Shaw Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 7,704‑square‑foot medical office building; Private exam rooms and reception areas; ADA‑compliant restrooms
