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Brand New Office/Warehouse Facility
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4630 E Olive Ave, Fresno, CA 93702

New clear-span freestanding office/warehouse with 16' clear height, ESFR sprinklers, HVAC office, and office ADA restrooms.

Property Size30,300 SF
Price / SF$163.37
Days on Market359

Property Features for 4630 E Olive Ave

General Information

Standard status Active
Size 30,300 SF
Property subtype INDUSTRIAL
Listing Agency: KW Commercial | Central California
Listed By: Kevin Land · License #01516541
Source: Moodyscre
Added: Aug 6, 2025 Changed: Jul 25 Last Checked: Jul 25 at 9:42PM

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 KW Commercial | Central California

Investment Insights

Based on property information with market context.

This brand new office/warehouse facility is designed for efficient industrial operations, with clear-span freestanding warehouse space and a heavy-duty reinforced concrete structure. The building includes turn-key office space with HVAC and ADA restrooms, supported by ESFR sprinkler protection. Warehouse systems include an evaporative cooler and Reznor heaters, while the interior is fully insulated with skylights and air vents throughout. Ground level rollup doors provide loading access, and the property is delivered with an improved yard and parking area.

The site features fully automated rod iron security fencing and full surveillance camera coverage. Parking and yard capacity includes 43 spaces on 1.625 acres, supported by four 30' curb cuts offering semi access. The property is described as providing excellent access to HWY 180 and HWY 168.

Additional site details include ample power and a clear height of 16', helping support a wide range of warehouse and light distribution uses.

Key Highlights

  • ±4,050 to ±30,300 SF clear‑span freestanding office/warehouse buildings
  • May 2025 delivery; brand new construction with office and ADA restrooms
  • 16' clear height with heavy‑duty reinforced concrete and clear‑span design

Financial Insights For Flex RnD

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 $654.5k $21.60
− Vacancy −$42.5k −$1.40
EGI $611.9k $20.20
− OpEx −$214.2k −$7.07
NOI $397.8k $13.13
30,300 SF · lease $21.60/SF/yr · vacancy 6.50% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$5.68M
$4.97M – $6.63M (±1% cap)
NOI $397,760 @ 7.0% cap · market cap 8.04%
Second Best
Office B
$5.32M
$4.65M – $6.20M (±1% cap)
NOI $372,236 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$7.39M
$6.47M – $8.63M (±1% cap)
NOI $517,592 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Hair Salon Spa & Massage Center Nail Salon Electrical Service Restaurant

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

716
Businesses Nearby
Under-served
Demand for This Use

Demographics for 93702, CA

45,741
Population
13,386
Households
3.4
Avg Household Size
29
Median Age
9%
College-Educated
57%
High-School Grad
5.2 sq mi
ZIP Area
8,796
Density / Sq Mi
$44,849
Median Household Income
$27,486
Median Earnings
$1,110
Median Rent
$211,900
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - New clear-span freestanding office/warehouse with 16' clear height, ESFR sprinklers, HVAC office, and office ADA restrooms.
Where is this flex space located?
The property is located at 4630 E Olive Ave Fresno, CA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: ±4,050 to ±30,300 SF clear‑span freestanding office/warehouse buildings; May 2025 delivery; brand new construction with office and ADA restrooms; 16' clear height with heavy‑duty reinforced concrete and clear‑span design
(559) 302-8698 Call to check price and availability
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