Freestanding Industrial Building in
For Sale
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4539 E Annadale Ave, Fresno, CA 93725
13,672± SF industrial building accessible to Freeway 99.
Property Size13,672 SF
Price / SF$95.08
Days on Market219
Property Features for 4539 E Annadale Ave
General Information
Standard status
Active
Size
13,672 SF
Property subtype
Industrial
Zoning
IH (Heavy Industrial)
Building Details
Year Built
1974
Buildings
1
Stories
2
Listing Agency:
Newmark - Fresno
Listed By:
Kyle Riddering · License #CA 02094434
(559) 447-6246
Source:
Crexi
Added: Feb 19
Changed: Aug 15
Last Checked: Aug 15 at 11:04AM
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 Newmark - Fresno
Investment Insights
Based on property information with market context.
The property is a 13,672± square foot freestanding industrial building situated on E. Annadale Avenue in south Fresno. It offers accessibility to Freeway 99 via Jensen and North Avenues. The property is suitable for warehouse and other commercial real estate purposes.
Key Highlights
- 13,672± SF Freestanding industrial building
- Located on E. Annadale Avenue in south Fresno
- Accessible to freeway 99
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$100,454
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,009,080
$2.0M
Cap Rate 7%
$1,435,057
$1.4M
Cap Rate 9%
$1,116,156
$1.1M
Market Conditions
NOI Build-Up for 13,672 SF
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.
Gross rent
$146.0K $10.68/SF
− Vacancy
−$2.5K −$0.18/SF
EGI
$143.5K $10.50/SF
− OpEx
−$43.1K −$3.15/SF
NOI
$100.5K $7.35/SF
Area
Fresno, CA
Vacancy
1.72%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,009,080
Cap Rate 7%
$1,435,057
Cap Rate 9%
$1,116,156
Alternative Uses
Best Use
Warehouse
$1.74M
$1.52M – $2.03M
NOI $121,980 @ 7.0% cap · market cap 9.38%
Second Best
Industrial
$1.44M
$1.26M – $1.67M
NOI $100,454 @ 7.0% cap · market cap 7.73%
Theoretical Best
Office A
$4.03M
$3.53M – $4.70M
NOI $282,026 @ 7.0% cap · market cap 21.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Similar Off Market Nearby
- United States Cold Storage - Fresno — 2525 E North Ave, Fresno, CA 93725
- Inland Star Distribution Centers, Inc. — 3146 S Chestnut Ave, Fresno, CA 93725
- United States Cold Storage - Fresno West — 2519 E North Ave, Fresno, CA 93725
- Allied Storage Containers — 4750 E Commerce Ave, Fresno, CA 93725
- Penny-Newman Grain Co — 2691 S Cedar Ave, Fresno, CA 93725
Frequently Asked Questions
What type of property is this?
Warehouse - 13,672± SF industrial building accessible to Freeway 99.
Where is this warehouse located?
The property is located at 4539 E Annadale 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: 13,672± SF Freestanding industrial building; Located on E. Annadale Avenue in south Fresno; Accessible to freeway 99
