Redevelopment Land with Office
4582 E Harvey Avenue Fresno, CA 93702
For Sale
$1,550,000
Assembled parcels total about 10 acres, including a 1984 office building with current rental income and an adjacent vacant lot.
Property Size9,128 SF
Lot Size10.24 Acres
Price / SF$169.81
Days on Market37
Property Features for 4582 E Harvey Avenue
General Information
- Standard status
- Active
- Size
- 9,128 SF
- Lot size
- 10.24 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1984
Listing Agency:
Gentile Real Estate
(559) 903-4849
Listed By:
Taylor Olson · License #DRE #01933206
(559) 903-4849
Source:
Exitrealty
Added: Jun 18
Changed: Jul 23
Last Checked: Jul 23 at 4:26PM
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 Gentile Real Estate
Investment Insights
Based on property information with market context.
The offering combines 4582 E Harvey Ave and 744 N Maple Ave for an assemblage totaling approximately 10.24 acres. The primary parcel at 4582 E Harvey Ave includes an existing 9,128 sq. ft. office building constructed in 1984. The building is currently generating about $4,450 per month in rental income. Complementing the office asset, 744 N Maple Ave is a 2.1-acre vacant parcel.
Both parcels are zoned NMX (Neighborhood Mixed Use), supporting a range of commercial and mixed-use development possibilities. The offering is positioned as a land-driven opportunity with interim cash flow while future redevelopment plans are pursued.
This assemblage brings together existing income-producing office space and additional vacant land under the same mixed-use zoning designation, offering flexibility for phased development or a coordinated master plan.
Both parcels are zoned NMX (Neighborhood Mixed Use), supporting a range of commercial and mixed-use development possibilities. The offering is positioned as a land-driven opportunity with interim cash flow while future redevelopment plans are pursued.
This assemblage brings together existing income-producing office space and additional vacant land under the same mixed-use zoning designation, offering flexibility for phased development or a coordinated master plan.
Key Highlights
- Approximately 10.24 acres assembled in Fresno: 4582 E Harvey Ave (8.14 acres) and 744 N Maple Ave (2.1 acres).
- 4582 E Harvey Ave includes a 9,128 sq. ft. office building built in 1984 with approximately $4,450/month rental income.
- Both parcels are zoned NMX (Neighborhood Mixed Use) for mixed‑use and commercial development flexibility.
Financial Insights For Office B
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 | $191.7k | $21.00 |
| − Vacancy | −$42.2k | −$4.62 |
| EGI | $149.5k | $16.38 |
| − OpEx | −$37.4k | −$4.10 |
| NOI | $112.1k | $12.29 |
9,128 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.60M
$1.40M – $1.87M
NOI $112,137 @ 7.0% cap · market cap 7.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M
NOI $155,927 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ntl Accounting & Tax ...
Accounting Firm
Tkv Containers Inc
Big Box & Wholesale Store
U-Haul Neighborhood Dealer
Car Rental Facility
FAQs
What type of property is this?
Commercial land - Assembled parcels total about 10 acres, including a 1984 office building with current rental income and an adjacent vacant lot.
Where is this commercial land located?
The property is located at 4582 E Harvey Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Approximately 10.24 acres assembled in Fresno: 4582 E Harvey Ave (8.14 acres) and 744 N Maple Ave (2.1 acres).; 4582 E Harvey Ave includes a 9,128 sq. ft. office building built in 1984 with approximately $4,450/month rental income.; Both parcels are zoned NMX (Neighborhood Mixed Use) for mixed‑use and commercial development flexibility.
