Three-Unit Office
3114 WILLOW AVE, Clovis, CA 93612
For Sale
Contact for pricing
Three separately metered office suites each include a private restroom, with one suite currently available.
Property Size4,696 SF
Price / SF$161.84
Days on Market53
Property Features for 3114 WILLOW AVE
General Information
Standard status
Size
Property subtype
Additional Details
Office Units
Amenities
private restrooms
Building Details
Buildings
Stories
Building Size
Construction
Tenancy
Listing Agency:
Fresno Commercial
Listed By:
John Nipp · License CA #00897959
Source:
Crexi
Added: Sep 23
Changed: Nov 13
Last Checked: Nov 12 at 5:31AM
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 Fresno Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story office property contains three separately metered units, each with its own private restroom. One unit, comprising 2,000 square feet, is currently available. The building’s garden-style configuration provides distinct suites within a shared structure.
The property is located at 3114 Willow Ave in Clovis, California. The owners’ association covers roof repairs and replacement.
The property is located at 3114 Willow Ave in Clovis, California. The owners’ association covers roof repairs and replacement.
Key Highlights
- Three separately metered office units
- Each unit has a private restroom
- 2,000 square feet currently available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,001
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,240,020
$1.2M
Cap Rate 7%
$885,729
$885.7K
Cap Rate 9%
$688,900
$688.9K
Market Conditions
NOI Build-Up for 4,696 SF
Gross rent
$101.4K $21.60/SF
− Vacancy
−$18.8K −$4.00/SF
EGI
$82.7K $17.60/SF
− OpEx
−$20.7K −$4.40/SF
NOI
$62.0K $13.20/SF
Area
Clovis, CA
Vacancy
18.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,240,020
Cap Rate 7%
$885,729
Cap Rate 9%
$688,900
Alternative Uses
Best Use
Office B
$885.7K
$775.0K – $1.03M
NOI $62,001 @ 7.0% cap · market cap 8.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,815 @ 7.0% cap · market cap 10.90%
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
Lease Details
3
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
564
Businesses Nearby
Explore this area
Business Placement
Demographics for 93612, CA
37,368
Population
14,362
Households
2.6
Avg Household Size
34
Median Age
21%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
5,577
Density / Sq Mi
$64,079
Median Household Income
$40,460
Median Earnings
$1,410
Median Rent
$311,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office Units in Fresno County, CA
Properties on Market for Office Units in Fresno County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Three separately metered office suites each include a private restroom, with one suite currently available.
Where is this office unit located?
The property is located at 3114 WILLOW AVE Clovis, CA.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Three separately metered office units; Each unit has a private restroom; 2,000 square feet currently available
