Listing Agency: Newmark Pearson Commercial | Fresno Show Phone

Listed By: Scott Christensen · License #00853867 Show Phone

Source: Moodyscre

Added: Jul 20 Changed: Oct 25 Last Checked: Oct 26 at 7:48PM

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Investment Insights

Based on property information with market context.

This warehouse includes 3 rail doors and 5 rollup doors, supporting flexible loading and receiving operations. The property is served by 1,200 AMPS of 120–208 volts, 3-phase power.

Five exterior truck docks are located on both the front and south side of the building, providing convenient, dedicated access for dock-high trucks.

Overall, the building is configured for high-throughput logistics with rail and truck loading points and substantial electrical capacity.

Key Highlights

• Warehouse with 5 rollup doors and 3 rail doors
• 120‑208V power service with 1,200 AMPS and 3‑phase electricity
• 5 exterior truck docks located on the front and south side of the building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$623,959

Cap Rate

6.57%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$12,479,180 $12.5M

Cap Rate 7%

$8,913,700 $8.9M

Cap Rate 9%

$6,932,878 $6.9M

Is this asking price fair?

Market Conditions

NOI Build-Up for 69,936 SF

Gross rent

$746.9K $10.68/SF

− Vacancy

−$12.8K −$0.18/SF

EGI

$734.1K $10.50/SF

− OpEx

−$110.1K −$1.57/SF

NOI

$624.0K $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 Rate 5%

$12,479,180

Cap Rate 7%

$8,913,700

Cap Rate 9%

$6,932,878

Alternative Uses

Best Use

Warehouse

$8.91M

$7.80M – $10.40M (±1% cap)

NOI $623,959 @ 7.0% cap · market cap 6.57%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$20.61M

$18.03M – $24.04M (±1% cap)

NOI $1,442,640 @ 7.0% cap · market cap 15.19%

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

Property Analytics

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Open Analytics

Current Use

Addicted.com Medical Clinic L S Nikko ... Building Supply

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Pharmacy Garden Center Kitchen & Bath Showroom Carpet & Flooring Store

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

Lease Details

5

Dock-high doors

Yes

Heavy power

Location Intelligence

Trade Area within ½ mile

321

Businesses Nearby

Well-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

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - Warehouse offering 5 rollup doors, 3 rail doors, and power service of 1,200 AMPS with 3-phase electricity.

Where is this warehouse located?

The property is located at 2860 S East Ave Fresno, CA.

What is the asking price?

The asking price for this property is $9,500,000.

What are key features of this property?

This property features: Warehouse with 5 rollup doors and 3 rail doors; 120‑208V power service with 1,200 AMPS and 3‑phase electricity; 5 exterior truck docks located on the front and south side of the building