Professional Office
313 N BLACKSTONE AVE, Fresno, CA 93701
For Sale
Contact for pricing
A two-level layout combines reception space, private offices, a kitchen, and basement storage.
Property Size2,083 SF
Price / SF$204.03
Days on Market9
Property Features for 313 N BLACKSTONE AVE
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Additional Details
Property Use
Amenities
secure parking
perimeter fencing
signage
reception area
full kitchen
basement
Building Details
Buildings
Listing Agency:
Smart Virtual Realty
Listed By:
Carlos Fierro · License CA #01941959
(559) 376-0778
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 10 at 6:31AM
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 Smart Virtual Realty
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 2,083-SF office building has a welcoming reception area, a front office, and five private offices. Three offices and private restrooms are on the ground floor; two more offices occupy the upper level. A full kitchen and basement storage round out the interior. Perimeter fencing encloses the on-site parking area, and building signage is visible to traffic on Blackstone Avenue.
The property is near downtown Fresno, governmental offices, law firms, and other professional and commercial businesses. Freeway access is available.
The property is near downtown Fresno, governmental offices, law firms, and other professional and commercial businesses. Freeway access is available.
Key Highlights
- 2,083 SF office building with five private offices
- Three private offices and restrooms downstairs, plus two offices upstairs
- Reception area, front office, full kitchen, and basement storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,839
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,780
$616.8K
Cap Rate 7%
$440,557
$440.6K
Cap Rate 9%
$342,656
$342.7K
Market Conditions
NOI Build-Up for 2,083 SF
Gross rent
$43.7K $21.00/SF
− Vacancy
−$2.6K −$1.26/SF
EGI
$41.1K $19.74/SF
− OpEx
−$10.3K −$4.94/SF
NOI
$30.8K $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%
$616,780
Cap Rate 7%
$440,557
Cap Rate 9%
$342,656
Alternative Uses
Best Use
Office B
$440.6K
$385.5K – $514.0K
NOI $30,839 @ 7.0% cap · market cap 7.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$613.8K
$537.1K – $716.1K
NOI $42,968 @ 7.0% cap · market cap 10.11%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,129
Businesses Nearby
Explore this area
Business Placement
Demographics for 93701, CA
12,037
Population
3,836
Households
3.1
Avg Household Size
28
Median Age
7%
College-Educated
48%
High-School Grad
1.5 sq mi
ZIP Area
8,025
Density / Sq Mi
$32,192
Median Household Income
$26,875
Median Earnings
$926
Median Rent
$207,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Fresno, CA
Properties on Market for Office buildings in Fresno
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - A two-level layout combines reception space, private offices, a kitchen, and basement storage.
Where is this office building located?
The property is located at 313 N BLACKSTONE AVE Fresno, CA.
What is the asking price?
The asking price for this property is $424,995.
What are key features of this property?
This property features: 2,083 SF office building with five private offices; Three private offices and restrooms downstairs, plus two offices upstairs; Reception area, front office, full kitchen, and basement storage
