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New Industrial Buildings Near Highway

4630 E Olive Ave Fresno, CA 93702

4630 E Olive Ave, Fresno, CA, 93702
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New office/warehouse spaces available near Highway 180 and 168.

Property Size30,300 SF
Price / SF$163.37
AddedSep 4, 2024
Days on Market681
Last RefreshJul 15 at 9:25 pm

Property Features for 4630 E Olive Ave

General Information

Standard status
Active
Size
30,300 SF
Property subtype
Industrial, Office

Listing office C21 Commercial

Listing date Sep 4, 2024

Source Crexi

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 C21 Commercial


Investment Insights

Based on property information with market context.

These brand new industrial buildings are located off Highway 180 in Fresno, CA. Multiple spaces are available, ranging from approximately 4,050 to 30,300 square feet, within three new office/warehouse buildings in central Fresno. Construction is currently underway, with an estimated completion date of May 2025. Building A, with approximately 14,400 square feet, is divisible by approximately 7,200 square feet. Building B offers approximately 7,800 square feet, and Building C, with approximately 8,100 square feet, is divisible by approximately 4,050 square feet. Each building includes an approximately 429-square-foot office space, featuring a 12' x 27' office/showroom and an 8' x 12' ADA restroom. The buildings have a 16' clear span (21' peak), 12' x 12' ground-level rollup doors, fire sprinklers, full insulation, skylights, and air vents throughout, as well as coolers and heaters. Tenants have access to full surveillance cameras, a fully automated rod iron security fence, a fully improved parking/yard area, and abundant street parking on all three streets. The site provides ample loading area with semi access and 43 parking spaces. The property is visible from three streets and offers a convenient location with four 30' wide access points and excellent access to both Hwy. 180 and HWY 168.

Key Highlights

  • Excellent access to both Hwy. 180 and HWY 168 in Fresno, CA.
  • Brand new construction with estimated completion by May 2025.
  • Multiple spaces available ranging from ±4,050 SF - 30,300 SF.

Local Financial Insights For Flex RnD

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 $654.5k $21.60
− Vacancy −$42.5k −$1.40
EGI $611.9k $20.20
− OpEx −$214.2k −$7.07
NOI $397.8k $13.13
30,300 SF · lease $21.60/SF/yr · vacancy 6.50% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$5.68M
$4.97M – $6.63M (±1% cap)
NOI $397,760 @ 7.0% cap · market cap 8.04%
Second Best
Warehouse
$3.86M
$3.38M – $4.51M (±1% cap)
NOI $270,332 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$7.39M
$6.47M – $8.63M (±1% cap)
NOI $517,592 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Dental Office Hair Salon Spa & Massage Center Nail Salon Electrical Service Restaurant Kitchen & Bath Showroom Building Supply HVAC Service Daycare Center

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

Similar Off Market Nearby

  • SMOKEZ BBQ AND CATERING CO. — 710 N Bond St Apt 8, Fresno, CA 93702
  • Mi Sabor — 1334 N Millbrook Ave, Fresno, CA 93703

FAQs

What type of property is this?
Flex space - New office/warehouse spaces available near Highway 180 and 168.
Where is this flex space located?
The property is located at 4630 E Olive Ave Fresno, CA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Excellent access to both Hwy. 180 and HWY 168 in Fresno, CA.; Brand new construction with estimated completion by May 2025.; Multiple spaces available ranging from ±4,050 SF - 30,300 SF.
Contact an agent
(559) 359-4035 Call to check price and availability
More about this property
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