North Fresno Street Office
For Sale
Contact for pricing
5650 N Fresno St, Fresno, CA 93710
Six single-story office buildings with easy freeway access.
Property Size6,250 SF
Price / SF$245
Days on Market964
Property Features for 5650 N Fresno St
General Information
Standard status
Active
Size
6,250 SF
Property subtype
Office
Site & Location
Neighborhood
Hoover
Listing Agency:
Colliers - Fresno, California
Listed By:
Scott Buchanan · License #CA 01389446
(559) 289-7962
Source:
Crexi
Added: Mar 6, 2024
Changed: Oct 25
Last Checked: Oct 24 at 3:43PM
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, California
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property features six single-story office buildings. The buildings are situated just south of Bullard Avenue on North Fresno Street, providing convenient access to Freeway 41. The location benefits from proximity to various support services, including major shopping centers, banking facilities, food service establishments, and lodging options. The property has a size of 6250 square feet.
Key Highlights
- Six single‑story office buildings.
- Located on North Fresno Street.
- Easy access to Freeway 41.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,531
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,850,620
$1.9M
Cap Rate 7%
$1,321,871
$1.3M
Cap Rate 9%
$1,028,122
$1.0M
Market Conditions
NOI Build-Up for 6,250 SF
Gross rent
$131.3K $21.00/SF
− Vacancy
−$7.9K −$1.26/SF
EGI
$123.4K $19.74/SF
− OpEx
−$30.8K −$4.94/SF
NOI
$92.5K $14.81/SF
Area
Fresno, CA
Vacancy
6.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,850,620
Cap Rate 7%
$1,321,871
Cap Rate 9%
$1,028,122
Alternative Uses
Best Use
Office B
$1.32M
$1.16M – $1.54M
NOI $92,531 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,925 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,754
Businesses Nearby
Explore this area
Business Placement
Demographics for 93710, CA
30,552
Population
12,581
Households
2.4
Avg Household Size
32
Median Age
30%
College-Educated
89%
High-School Grad
6.2 sq mi
ZIP Area
4,928
Density / Sq Mi
$62,294
Median Household Income
$32,232
Median Earnings
$1,337
Median Rent
$348,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Six single-story office buildings with easy freeway access.
Where is this office building located?
The property is located at 5650 N Fresno St Fresno, CA.
What is the asking price?
The asking price for this property is $1,531,250.
What are key features of this property?
This property features: Six single‑story office buildings.; Located on North Fresno Street.; Easy access to Freeway 41.
