Self Storage and Warehouse
For Sale
$3,600,000
30455 Auberry Road, Prather, CA 93651
Commercial, Prather, CA
Property Size20,180 SF
Lot Size2.28 Acres
Price / SF$178.39
Days on Market106
Property Features for 30455 Auberry Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
RR
Bedrooms
2
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 1
Exterior features
Metal, Stucco
Directions
From Fresno/Clovis, take CA-168 East toward Prather/Shaver Lake approximately 20 miles. Continue through the town of Prather. Property is located on the left-hand side.
Subdivision
602
Standard status
Active
APN
12843068
Size
20,180 SF
Lot size
2.28 Acres
Building Details
Year built
2022
Floors in Building
1
Roof type
Metal, Composition
Listing Agency:
Real Brokerage Technologies
(855) 450-0442
Listed By:
Jaime Bratton · License #02076656
(855) 450-0442
Added: May 18
Changed: Aug 30
Last Checked: Aug 31 at 8:06AM
MLS# 648886
Copyright © 2026 Fresno 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 for-sale commercial property includes self storage facilities and warehouse space, totaling 20,180 square feet on 2.28 acres. The asset is presented as a single commercial facility site at 30455 Auberry Road in Prather, California.
The property is located in Fresno County, with access from Auberry Road and a site sized to support a storage and warehousing layout. It is offered for sale as a combined storage and warehouse use, providing flexibility for operators looking to manage multiple facility functions within one property.
The property is located in Fresno County, with access from Auberry Road and a site sized to support a storage and warehousing layout. It is offered for sale as a combined storage and warehouse use, providing flexibility for operators looking to manage multiple facility functions within one property.
Key Highlights
- Year built: 2022
- Exterior materials include metal and stucco
- Roof includes composition shingle and metal roofing
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
$316,724
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
8.80%
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%
$6,334,480
$6.3M
Cap Rate 7%
$4,524,629
$4.5M
Cap Rate 9%
$3,519,156
$3.5M
Market Conditions
NOI Build-Up for 20,180 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
$394.7K $19.56/SF
− Vacancy
−$22.1K −$1.10/SF
EGI
$372.6K $18.46/SF
− OpEx
−$55.9K −$2.77/SF
NOI
$316.7K $15.69/SF
Area
Fresno County, CA
Vacancy
5.60%
Lease Rate
$19.56 /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%
$6,334,480
Cap Rate 7%
$4,524,629
Cap Rate 9%
$3,519,156
Alternative Uses
Best Use
Warehouse
$4.52M
$3.96M – $5.28M
NOI $316,724 @ 7.0% cap · market cap 8.80%
Second Best
Self Storage
$3.73M
$3.26M – $4.35M
NOI $260,832 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$5.72M
$5.00M – $6.67M
NOI $400,366 @ 7.0% cap · market cap 11.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 93651, CA
1,445
Population
580
Households
2.5
Avg Household Size
50
Median Age
38%
College-Educated
97%
High-School Grad
16.3 sq mi
ZIP Area
89
Density / Sq Mi
$93,036
Median Household Income
$70,709
Median Earnings
$1,213
Median Rent
$424,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - For-sale self storage and warehouse property on 2.28 acres in Prather, CA.
Where is this self storage facility located?
The property is located at 30455 Auberry Road Prather, CA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Year built: 2022; Exterior materials include metal and stucco; Roof includes composition shingle and metal roofing
