Manufacturing Building with Large
For Sale
Contact for pricing
3488 W Ashlan Ave, Fresno, CA
Manufacturing building with large yard and highway access for sale.
Property Size39,695 SF
Lot Size4.86 Acres
Price / SF$157.45
Days on Market489
Property Features for 3488 W Ashlan Ave
General Information
Standard status
Active
Size
39,695 SF
Lot size
4.86 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Colliers | Fresno
(559) 250-2110
Listed By:
Buk Wagner, SIOR
(559) 250-2110
Source:
Moodyscre
Added: Apr 2, 2025
Changed: Jul 6
Last Checked: Jul 22 at 3:32AM
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 Colliers | Fresno
Investment Insights
Based on property information with market context.
This manufacturing building features a large, partially paved yard with concrete. The property offers immediate access to Highway 99. Ingress and egress are facilitated via two streets. The building is equipped with heavy power and multiple cranes. The seller intends to complete a lot line adjustment during escrow to create the final parcel; parcel lines are conceptual and subject to change. The property has a size of 39695 square feet.
Key Highlights
- Immediate access to Highway 99
- Large yard (partially paved - concrete)
- Heavy power
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $423.9k | $10.68 |
| − Vacancy | −$7.3k | −$0.18 |
| EGI | $416.7k | $10.50 |
| − OpEx | −$125.0k | −$3.15 |
| NOI | $291.7k | $7.35 |
39,695 SF · lease $10.68/SF/yr · vacancy 1.72% · expense 30.00%
Alternative Uses
Best Use
Industrial
$4.17M
$3.65M – $4.86M
NOI $291,656 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.70M
$10.24M – $13.65M
NOI $818,828 @ 7.0% cap · market cap 13.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Manufacturing building with large yard and highway access for sale.
Where is this manufacturing property located?
The property is located at 3488 W Ashlan Ave Fresno, CA.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Immediate access to Highway 99; Large yard (partially paved - concrete); Heavy power
