Freestanding Office Building For
For Sale
Contact for pricing
2580 W Shaw Ln, Fresno, CA 93711
Single-story office building with secured parking and excellent exposure.
Property Size15,974 SF
Price / SF$175
Days on Market831
Property Features for 2580 W Shaw Ln
General Information
Standard status
Active
Size
15,974 SF
Class
B
Property subtype
Office
Zoning
CMX
Building Details
Year Built
1989
Listing Agency:
Newmark - Fresno
(559) 970-8081
Listed By:
Nick Sorensen · License #CA 02081137
Source:
Crexi
Added: May 22, 2024
Changed: Aug 25
Last Checked: Aug 29 at 7:48PM
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 Newmark - Fresno
Investment Insights
Based on property information with market context.
This is a single-story, freestanding office building with excellent exposure on Shaw Avenue. A rare amenity for single-story buildings in Fresno is the secured subterranean parking. The structure, landscaping, and parking areas have been well maintained with no deferred maintenance. All HVAC units have been serviced annually, with some replaced. All units have GPS-F24AC sanitizer units installed. The entrances have been CASp inspected, and new sidewalks, ramps, and handrails were installed during remodels in 2015 and 2016. The building exterior was repainted in 2018. The building is partially furnished with cubicles, desks, and chairs included in the purchase price. An itemization of the furnishings is available on request. Located in the West Shaw office market, the building is equidistant from Freeways 41 and 99, offering excellent access to both major highways. The surrounding area features multiple office complexes and retail centers in close proximity, providing ancillary services such as banking, shopping, food service, and transportation. The property size is 15974 square feet.
Key Highlights
- Excellent location equidistant to Freeway 41 and 99, providing easy access to major highways.
- Secured subterranean parking, a rare amenity.
- Well‑maintained property with no deferred maintenance.
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
$236,495
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
8.46%
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%
$4,729,900
$4.7M
Cap Rate 7%
$3,378,500
$3.4M
Cap Rate 9%
$2,627,722
$2.6M
Market Conditions
NOI Build-Up for 15,974 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
$335.5K $21.00/SF
− Vacancy
−$20.1K −$1.26/SF
EGI
$315.3K $19.74/SF
− OpEx
−$78.8K −$4.94/SF
NOI
$236.5K $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 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%
$4,729,900
Cap Rate 7%
$3,378,500
Cap Rate 9%
$2,627,722
Alternative Uses
Best Use
Office B
$3.38M
$2.96M – $3.94M
NOI $236,495 @ 7.0% cap · market cap 8.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.71M
$4.12M – $5.49M
NOI $329,512 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,048
Businesses Nearby
Explore this area
Business Placement
Demographics for 93711, CA
37,901
Population
16,643
Households
2.3
Avg Household Size
43
Median Age
46%
College-Educated
93%
High-School Grad
11.2 sq mi
ZIP Area
3,384
Density / Sq Mi
$97,492
Median Household Income
$53,122
Median Earnings
$1,561
Median Rent
$469,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Single-story office building with secured parking and excellent exposure.
Where is this office building located?
The property is located at 2580 W Shaw Ln Fresno, CA.
What is the asking price?
The asking price for this property is $2,795,450.
What are key features of this property?
This property features: Excellent location equidistant to Freeway 41 and 99, providing easy access to major highways.; Secured subterranean parking, a rare amenity.; Well‑maintained property with no deferred maintenance.
