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    550 Locust Ave Fresno, CA 93650

    Sponsored
    For Lease
    $21 SF/Yr ($14,530 /Mo)

    Office/Warehouse, 8,303 SF, Gated

    Lot size:
    8,303 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional North Fresno property offers a rare combination of office and warehouse space, totaling 11,484 square feet on a 11,484 square foot lot. The building, constructed in 2001, features approximately 8,303 square feet of office space and 3,181 square feet of warehouse space, ideal for a single tenant seeking a flexible and secure workspace. Located near the intersection of Ingram and Locust Streets, this single-tenant occupancy building provides a convenient and accessible location. The office space is available for lease at a rate of $1.75 per square foot, triple net (NNN). The property boasts low triple-net expenses, adding to its financial appeal. Security features include a gated and secured property, ensuring peace of mind for tenants. This hard-to-find flex space in North Fresno presents a unique opportunity for businesses requiring both office and warehouse functionality in a secure and well-maintained setting. Don't miss this chance to secure this desirable property.

    Property Features for 550 Locust Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,303 SF
    Total Rate
    14530.25

    Building Details

    Year Built
    2001

    Unit(s) available at that property

    Space
    Size
    11,484 SF
    Rate per SF
    $21

    HighLights

    • 11,484± SF total available space.
    • 8,303± SF of office space and 3,181± SF of warehouse space.
    • $1.75/SF NNN office lease rate.
    • Rare North Fresno flex space.
    • Low triple‑net (NNN) expenses.
    • Gated and secured property.
    Property Profile Location Intelligence

    Current Use by Public Records

    BSK Associates Environmental Consultant

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Realty agency Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.80302118535
    Latitude
    36.840078241364

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    FAQs

    What type of property is this?
    Distribution property - Office/Warehouse, 8,303 SF, Gated
    Where is this distribution property located?
    The property is located at 550 Locust Ave Fresno, CA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 11,484± SF total available space.; 8,303± SF of office space and 3,181± SF of warehouse space.; $1.75/SF NNN office lease rate.
    Request Owner's contact information
    550 Locust Ave Fresno, CA 93650
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    Fresno, CA 93650
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    550 Locust Ave Fresno, CA 93650
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