Gated Office Building with
For Sale
Contact for pricing
3035 E Malaga Ave, Fresno, CA 93706
A 5-office office building with reception, conference room, breakroom, and two restrooms, fully gated with automated parking.
Property Size2,000 SF
Price / SF$1.45
Days on Market201
Property Features for 3035 E Malaga Ave
General Information
Standard status
Active
Size
2,000 SF
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Listing Agency:
Newton & Sons Real Estate
(559) 591-2500
Listed By:
Mireyda Redondo
(559) 859-2465
Source:
Exprealty
Added: Apr 17
Changed: Oct 26
Last Checked: Nov 1 at 9:43AM
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 Newton & Sons Real Estate
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Investment Insights
Based on property information with market context.
This Fresno commercial office building offers approximately 2000 square feet of interior space and is configured with five private offices, a front main reception area, a conference room, a breakroom, and two restrooms.
The property is fully gated with two walk-in gates, and the main parking lot is described as fully automated. It is located minutes off CA-99.
The space is well suited for office tenants who want a built-out layout that includes both a reception and meeting room, supported by on-site restroom facilities.
The property is fully gated with two walk-in gates, and the main parking lot is described as fully automated. It is located minutes off CA-99.
The space is well suited for office tenants who want a built-out layout that includes both a reception and meeting room, supported by on-site restroom facilities.
Key Highlights
- 2000 SF commercial office building with 5 private offices and front main reception
- Conference room, breakroom, and two restrooms included
- Fully gated property with two walk‑in gates
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,610
Suggested Prices Based on Cap Rates
Cap Rate 5%
$592,200
$592.2K
Cap Rate 7%
$423,000
$423.0K
Cap Rate 9%
$329,000
$329.0K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$42.0K $21.00/SF
− Vacancy
−$2.5K −$1.26/SF
EGI
$39.5K $19.74/SF
− OpEx
−$9.9K −$4.94/SF
NOI
$29.6K $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%
$592,200
Cap Rate 7%
$423,000
Cap Rate 9%
$329,000
Alternative Uses
Best Use
Office B
$423.0K
$370.1K – $493.5K
NOI $29,610 @ 7.0% cap · market cap 1,021.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$589.4K
$515.7K – $687.6K
NOI $41,256 @ 7.0% cap · market cap 1,422.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 93706, CA
40,965
Population
12,239
Households
3.3
Avg Household Size
31
Median Age
9%
College-Educated
62%
High-School Grad
158.5 sq mi
ZIP Area
258
Density / Sq Mi
$40,023
Median Household Income
$28,495
Median Earnings
$1,129
Median Rent
$227,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - A 5-office office building with reception, conference room, breakroom, and two restrooms, fully gated with automated parking.
Where is this office building located?
The property is located at 3035 E Malaga Ave Fresno, CA.
What are key features of this property?
This property features: 2000 SF commercial office building with 5 private offices and front main reception; Conference room, breakroom, and two restrooms included; Fully gated property with two walk‑in gates
