Climate-Controlled Food Production
For Sale
Contact for pricing
5877 E Brown Ave, Fresno, CA 93727
Fully climate controlled building with floor drains, clean-out area, and employee break room.
Property Size14,400 SF
Lot Size1.83 Acres
Price / SF$128.47
Days on Market112
Property Features for 5877 E Brown Ave
General Information
Standard status
Active
Size
14,400 SF
Lot size
1.83 Acres
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Amenities
coffee bar
employee break room
Listing Agency:
Colliers | Fresno
(559) 221-1271
Listed By:
Buk Wagner, SIOR
(559) 250-2110
Source:
Moodyscre
Added: May 29
Changed: Sep 2
Last Checked: Sep 16 at 3:42PM
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 Colliers | Fresno
Investment Insights
Based on property information with market context.
This fully climate controlled warehouse is set up for food production, with washable walls and ceiling tiles, a clean-out area, and floor drains. An office is included and features a coffee bar, while the warehouse provides an employee break room.
The property sits on a fully fenced 1.83-acre site and is located near the airport with quick access to Highway 180.
Available for sale as a single industrial facility, the offering includes 14,400 square feet of space within the controlled environment.
The property sits on a fully fenced 1.83-acre site and is located near the airport with quick access to Highway 180.
Available for sale as a single industrial facility, the offering includes 14,400 square feet of space within the controlled environment.
Key Highlights
- Fully climate controlled building set up for food production with washable walls/ceiling tiles, clean‑out area, and floor drains
- ±14,400 SF available for food production use
- On‑site employee break room in the warehouse plus an office with a coffee bar
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
$125,233
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
6.77%
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%
$2,504,660
$2.5M
Cap Rate 7%
$1,789,043
$1.8M
Cap Rate 9%
$1,391,478
$1.4M
Market Conditions
NOI Build-Up for 14,400 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
$153.8K $10.68/SF
− Vacancy
−$6.5K −$0.45/SF
EGI
$147.3K $10.23/SF
− OpEx
−$22.1K −$1.53/SF
NOI
$125.2K $8.70/SF
Area
ZIP 93727
Vacancy
4.20%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
15.00%
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%
$2,504,660
Cap Rate 7%
$1,789,043
Cap Rate 9%
$1,391,478
Alternative Uses
Best Use
Warehouse
$1.79M
$1.57M – $2.09M
NOI $125,233 @ 7.0% cap · market cap 6.77%
Second Best
Industrial
$1.47M
$1.29M – $1.72M
NOI $103,133 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$4.08M
$3.57M – $4.76M
NOI $285,692 @ 7.0% cap · market cap 15.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
820
Businesses Nearby
Explore this area
Business Placement
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
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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Frequently Asked Questions
What type of property is this?
Manufacturing property - Fully climate controlled building with floor drains, clean-out area, and employee break room.
Where is this manufacturing property located?
The property is located at 5877 E Brown Ave Fresno, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Fully climate controlled building set up for food production with washable walls/ceiling tiles, clean‑out area, and floor drains; ±14,400 SF available for food production use; On‑site employee break room in the warehouse plus an office with a coffee bar
