Office Building with Perimeter
313 N Blackstone Avenue, Fresno, CA 93701
For Sale
$424,995
Commercial, Fresno, CA
Property Size2,083 SF
Lot Size0.22 Acres
Price / SF$204.03
Days on Market17
Property Features for 313 N Blackstone Avenue
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Exterior features
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Amenities
reception area
private restrooms
full kitchen
basement
perimeter fencing
Building Details
Year built
Floors in Building
Flooring type
Roof type
Listing Agency:
REI Group
Listed By:
Carlos Fierro · License CA #01941959
(559) 307-8296
Added: Oct 29
Changed: Nov 13
Last Checked: Nov 14 at 3:06AM
MLS# 657357
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.
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Investment Insights
Based on property information with market context.
Built in 1920, this 2,083-square-foot office building occupies a 0.22-acre parcel. The interior has a reception area and front office, three private offices with private restrooms on the ground floor, and two more offices upstairs. A full kitchen and basement storage add to the building’s functional layout. Brick/block and wood are listed among the exterior features, and the roof is composition.
Perimeter fencing surrounds the property, with parking on site. Signage faces Blackstone traffic, and freeway access is available. The property is near downtown Fresno, government offices, law offices, other professional offices, and commercial areas.
Perimeter fencing surrounds the property, with parking on site. Signage faces Blackstone traffic, and freeway access is available. The property is near downtown Fresno, government offices, law offices, other professional offices, and commercial areas.
Key Highlights
- 2,083 square feet on a 0.22‑acre parcel
- Built in 1920
- Three ground‑floor private offices with private restrooms, plus two upstairs offices
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
$207,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 professional workspace includes private offices, a reception area, a kitchen, and basement storage.
Where is this office building located?
The property is located at 313 N Blackstone Avenue 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 square feet on a 0.22‑acre parcel; Built in 1920; Three ground‑floor private offices with private restrooms, plus two upstairs offices
