New Industrial Buildings Near
4630 E Olive Ave, Fresno, CA 93702
Call to check price and availability
New office/warehouse spaces available near Highway 180 and 168.
Type:Industrial, Office
Property size:
30,300 SFPrice / SF:
$163/SF- Added:
- Sep 4, 2024
- Days on Market:
- 635
- Last Refresh:
- May 13 at 8:03 pm
Property Features for 4630 E Olive Ave
General Information
- Standard status
- Active
- Size
- 30,300 SF
- Property subtype
- Industrial, Office
Listing agent Jared Ennis License #CA
Listing office C21 Commercial (559) 359-4035
Listing date Sep 4, 2024
Source Crexi
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 C21 Commercial
HighLights
- Excellent access to both Hwy. 180 and HWY 168 in Fresno, CA.
- Brand new construction with estimated completion by May 2025.
- Multiple spaces available ranging from ±4,050 SF - 30,300 SF.
- Divisible spaces in Buildings A and C.
- Security features including surveillance cameras and automated rod iron fence.
- Each building includes a ±429 SF office, ADA restroom, fire sprinklers, insulation, skylights, air vents, and coolers/heaters.
Overview
These brand new industrial buildings are located off Highway 180 in Fresno, CA. Multiple spaces are available, ranging from approximately 4,050 to 30,300 square feet, within three new office/warehouse buildings in central Fresno. Construction is currently underway, with an estimated completion date of May 2025. Building A, with approximately 14,400 square feet, is divisible by approximately 7,200 square feet. Building B offers approximately 7,800 square feet, and Building C, with approximately 8,100 square feet, is divisible by approximately 4,050 square feet. Each building includes an approximately 429-square-foot office space, featuring a 12' x 27' office/showroom and an 8' x 12' ADA restroom. The buildings have a 16' clear span (21' peak), 12' x 12' ground-level rollup doors, fire sprinklers, full insulation, skylights, and air vents throughout, as well as coolers and heaters. Tenants have access to full surveillance cameras, a fully automated rod iron security fence, a fully improved parking/yard area, and abundant street parking on all three streets. The site provides ample loading area with semi access and 43 parking spaces. The property is visible from three streets and offers a convenient location with four 30' wide access points and excellent access to both Hwy. 180 and HWY 168.
Local 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
NOI $397,760 @ 7.0% cap · market cap 8.04%
Second Best
Office B
$5.32M
$4.65M – $6.20M
NOI $372,236 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$7.39M
$6.47M – $8.63M
NOI $517,592 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar Places Nearby
- SMOKEZ BBQ AND CATERING CO. — 710 N Bond St Apt 8, Fresno, CA 93702
- Mi Sabor — 1334 N Millbrook Ave, Fresno, CA 93703
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.8764
- Latitude
- 36.757572
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - New office/warehouse spaces available near Highway 180 and 168.
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: Excellent access to both Hwy. 180 and HWY 168 in Fresno, CA.; Brand new construction with estimated completion by May 2025.; Multiple spaces available ranging from ±4,050 SF - 30,300 SF.
