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Industrial Building in Fresno, CA
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3808 E Jensen Ave, Fresno, CA 93725

9,300 SF industrial building suitable for various uses.

Property Size9,300 SF
Price / SF$139.78
Days on Market252

Property Features for 3808 E Jensen Ave

General Information

Standard status Active
Size 9,300 SF
Property subtype Industrial
Zoning IL (Light Industrial- City of Fresno)
Lease Type NNN

Building Details

Year Built 1969
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Fortune Associates
Listed By: Brandon Lamonica · License #CA 01317857
Source: Crexi
Added: Jan 28 Changed: Sep 22 Last Checked: Oct 5 at 5:14PM

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 Fortune Associates

Investment Insights

Based on property information with market context.

Located at 3808 Jensen Avenue in Fresno, California, this industrial building offers an opportunity for owner-users or investors. The property is situated near one of Fresno’s established industrial parks and minutes from Golden State Boulevard and CA-99, providing convenient access for transportation, distribution, and trucking operations. The building is approximately 9,300 square feet and features a functional layout that includes multiple private offices and dedicated storage areas. The remaining balance consists of open warehouse space suitable for a variety of industrial uses. Its location and flexible interior configuration make this property suited for logistics, light manufacturing, or service-oriented industrial operations.

Key Highlights

  • Strategic location near established industrial park, Golden State Boulevard, and CA‑99 for convenient transportation and distribution.
  • Approximately 9,300 square foot building suitable for owner‑users or investors.
  • Functional layout with multiple private offices and dedicated storage areas.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,973
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,659,460 $1.7M
Cap Rate 7%
$1,185,329 $1.2M
Cap Rate 9%
$921,922 $921.9K
Market Conditions
NOI Build-Up for 9,300 SF
Gross rent
$99.3K $10.68/SF
− Vacancy
−$1.7K −$0.18/SF
EGI
$97.6K $10.50/SF
− OpEx
−$14.6K −$1.57/SF
NOI
$83.0K $8.92/SF
Area
Fresno, CA
Vacancy
1.72%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,659,460
Cap Rate 7%
$1,185,329
Cap Rate 9%
$921,922

Alternative Uses

Best Use
Warehouse
$1.19M
$1.04M – $1.38M (±1% cap)
NOI $82,973 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.74M
$2.40M – $3.20M (±1% cap)
NOI $191,840 @ 7.0% cap · market cap 14.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Law Firm Nail Salon Parking Lot & Garage Electrical Service Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

297
Businesses Nearby
Balanced
Demand for This Use

Demographics for 93725, CA

26,162
Population
6,998
Households
3.7
Avg Household Size
30
Median Age
13%
College-Educated
68%
High-School Grad
67.0 sq mi
ZIP Area
390
Density / Sq Mi
$71,099
Median Household Income
$34,943
Median Earnings
$1,222
Median Rent
$262,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Penny-Newman Grain Co — 2691 S Cedar Ave, Fresno, CA 93725
  • Sierra West Warehouse — 2474 S Orange Ave, Fresno, CA 93725

Frequently Asked Questions

What type of property is this?
Warehouse - 9,300 SF industrial building suitable for various uses.
Where is this warehouse located?
The property is located at 3808 E Jensen Ave Fresno, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Strategic location near established industrial park, Golden State Boulevard, and CA‑99 for convenient transportation and distribution.; Approximately 9,300 square foot building suitable for owner‑users or investors.; Functional layout with multiple private offices and dedicated storage areas.
(559) 490-2500 Call to check price and availability
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