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Freestanding Industrial Warehouse with Docks
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5688 E Fountain Way, Fresno, CA 93727

Freestanding industrial building with 14 dock positions, fully insulated steel frame construction, and 24'–28' clear height.

Property Size53,760 SF
Price / SF$134.86
Days on Market518

Property Features for 5688 E Fountain Way

General Information

Standard status Active
Size 53,760 SF
Property subtype INDUSTRIAL
Listing Agency: KW Commercial | Central California
Listed By: Kevin Land · License #01516541
Source: Moodyscre
Added: Feb 27, 2025 Changed: Jul 28 Last Checked: Jul 29 at 12:45PM

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.

Freestanding steel-beam industrial warehouse on 12.37 acres, featuring fully insulated walls and roof and 24'-28' clear height. The facility includes 14 dock-high doors with dock levelers plus four grade-level doors (three 12' x 12' and one 14' x 12'). Power and life-safety infrastructure include 600 amps of heavy 480-volt power and a full fire suppression system with ESFR sprinklers.

Two warehouse sections are available within the building, with the west side at 33,325 SF and the east side at 20,435 SF. Interior improvements include skylights, efficient lighting, video surveillance, and climate support via (2) evaporative coolers and reznor heaters. The property also includes chain-link fencing with security gates along both the east and west edges, along with (2) private 9' x 9' offices and two restrooms with HVAC.

Parking totals 32–63 spaces, with configuration on the NW front, NE front dock, street parking, and SE rear, plus potential additional spaces on the SW rear and NW front dock area. Convenient access is provided just east of the airport, with nearby CA-180 access via Clovis Ave connecting to CA-99, CA-41, and I-5. Flexible industrial zoning allows many uses permitted within this centrally located industrial area.

Key Highlights

  • Industrial building totaling 53,760 SF on 2.37 AC, freestanding steel beam construction with 24'-28' clear height
  • 14 recessed truck dock positions with dock levelers and 14 dock‑high doors
  • Warehouse split: west 33,325 SF (1979; 2020 roof coating) and east 20,435 SF (2015 construction)

Financial Insights For Warehouse

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 $574.2k $10.68
− Vacancy −$24.1k −$0.45
EGI $550.0k $10.23
− OpEx −$82.5k −$1.53
NOI $467.5k $8.70
53,760 SF · lease $10.68/SF/yr · vacancy 4.20% · expense 15.00%

Alternative Uses

Best Use
Office B
$11.96M
$10.46M – $13.95M (±1% cap)
NOI $836,922 @ 7.0% cap · market cap 11.54%
Second Best
Warehouse
$6.68M
$5.84M – $7.79M (±1% cap)
NOI $467,536 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$15.24M
$13.33M – $17.78M (±1% cap)
NOI $1,066,585 @ 7.0% cap · market cap 14.71%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Pharmacy Nail Salon

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

743
Businesses Nearby
Balanced
Demand for This Use

Demographics for 93727, CA

83,212
Population
25,919
Households
3.2
Avg Household Size
31
Median Age
24%
College-Educated
84%
High-School Grad
22.0 sq mi
ZIP Area
3,782
Density / Sq Mi
$82,247
Median Household Income
$42,002
Median Earnings
$1,277
Median Rent
$370,300
Median Home Value

Market

Properties on Market for Warehouses in Fresno

Jan
Feb
Mar
Apr
May
Jun

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?
Warehouse - Freestanding industrial building with 14 dock positions, fully insulated steel frame construction, and 24'–28' clear height.
Where is this warehouse located?
The property is located at 5688 E Fountain Way Fresno, CA.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: Industrial building totaling 53,760 SF on 2.37 AC, freestanding steel beam construction with 24'-28' clear height; 14 recessed truck dock positions with dock levelers and 14 dock‑high doors; Warehouse split: west 33,325 SF (1979; 2020 roof coating) and east 20,435 SF (2015 construction)
(559) 302-8698 Call to check price and availability
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