Corner Lot Office/Flex
655 W Alluvial Ave Fresno, CA
For Sale
Contact for pricing
Office/flex building on a prime corner lot with high visibility.
Property Size10,298 SF
Lot Size3.91 Acres
Price / SF$291.32
Days on Market306
Property Features for 655 W Alluvial Ave
General Information
- Standard status
- Active
- Size
- 10,298 SF
- Lot size
- 3.91 Acres
- Property subtype
- FLEX_R_AND_D
Listing Agency:
Saito Company
(559) 284-9028
Listed By:
Patrick Monreal · License #02007579
Source:
Moodyscre
Added: Sep 24, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:05AM
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 Saito Company
Investment Insights
Based on property information with market context.
Located on a prime corner lot at Alluvial & Remington, this 10,298± square foot office/flex building offers high visibility and an adaptive layout suitable for multiple business uses. The property benefits from a prestigious North Fresno address, surrounded by Class A offices and Fortune 500 companies. It supports both customer-facing operations and back-end activities. Features include drive-in access with roll-up doors, display windows, and professional landscaping.
Key Highlights
- Prime corner lot location at Alluvial & Remington with high visibility.
- 10,298± sq. ft. office/flex building with adaptive layout.
- Prestigious North Fresno address surrounded by Class A offices and Fortune 500 companies.
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 | $216.3k | $21.00 |
| − Vacancy | −$13.0k | −$1.26 |
| EGI | $203.3k | $19.74 |
| − OpEx | −$50.8k | −$4.94 |
| NOI | $152.5k | $14.81 |
10,298 SF · lease $21.00/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.18M
$1.91M – $2.54M
NOI $152,462 @ 7.0% cap · market cap 5.08%
Second Best
Flex RnD
$1.96M
$1.72M – $2.29M
NOI $137,355 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$3.03M
$2.66M – $3.54M
NOI $212,427 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Italia Tile & Marble ...
Hardware & Home Improvement
Professional Design Consultants
Interior Design
Jillian Long Designs
General Contractor
FAQs
What type of property is this?
Flex space - Office/flex building on a prime corner lot with high visibility.
Where is this flex space located?
The property is located at 655 W Alluvial Ave Fresno, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Prime corner lot location at Alluvial & Remington with high visibility.; 10,298± sq. ft. office/flex building with adaptive layout.; Prestigious North Fresno address surrounded by Class A offices and Fortune 500 companies.
