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Remodeled Class A Office Suite

4685 N Cedar Ave Fresno, CA 93726

4685 N Cedar Ave, Fresno, CA, 93726
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Remodeled office suite with modern amenities and high-traffic location.

Property Size2,407 SF
Price / SF$218.11
AddedFeb 14, 2024
Days on Market883
Last RefreshJul 15 at 8:57 am

Property Features for 4685 N Cedar Ave

General Information

Standard status
Active
Size
2,407 SF
Property subtype
Office

Building Details

Year Built
1978

Listing office C21 Commercial

Listing date Feb 14, 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.

This is a fully remodeled "Class A" office suite offering approximately 2,407 square feet. The suite includes 10 rooms: three larger 12' x 14' offices or conference rooms, and seven 8' x 12' offices. It also features a kitchenette, front reception and waiting area, common storage, and restrooms. The property is located at a high-traffic intersection near the Shaw Avenue retail corridor, with proximity to numerous national and local retailers. Recent remodeling includes new hard-surface flooring, new HVAC systems, energy-efficient features, and LED lighting. The interior and exterior have fresh paint, and there are brand new ADA-compliant restrooms. The property has over 20 outdoor LED lights for nighttime illumination, a new parking lot, and landscaping. On-site private parking is available, in addition to street parking. The location is suitable for various uses, including attorney practices, medical offices, and professional offices. It offers easy access, abundant parking, spacious common restrooms, and direct signage and exposure to Cedar Avenue.

Key Highlights

  • Fully remodeled "Class A" office suite with high‑end finishes.
  • Prime location at a high‑traffic intersection near the Shaw Ave retail corridor.
  • Features 10 rooms: 3 large offices/conference rooms and 7 standard offices.

Local 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 $43.3k $18.00
− Vacancy −$7.8k −$3.24
EGI $35.5k $14.76
− OpEx −$8.9k −$3.69
NOI $26.6k $11.07
2,407 SF · lease $18.00/SF/yr · vacancy 18.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$380.6K
$333.1K – $444.1K (±1% cap)
NOI $26,645 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$499.1K
$436.7K – $582.3K (±1% cap)
NOI $34,938 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Farmers Insurance - Kenneth ... Insurance Agency Alliance Protection & Investigation Security Service Wood Wiley & Jebian Structural Engineer ERC Training Center Just Wink Essentials Alternative Medicine Practice

Suggested Use

Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Food Market Auto Parts Store Plumbing Service Electrical Service Furniture & Home Goods Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Office units - Remodeled office suite with modern amenities and high-traffic location.
Where is this office units located?
The property is located at 4685 N Cedar Ave Fresno, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Fully remodeled "Class A" office suite with high‑end finishes.; Prime location at a high‑traffic intersection near the Shaw Ave retail corridor.; Features 10 rooms: 3 large offices/conference rooms and 7 standard offices.
Contact an agent
(559) 359-4035 Call to check price and availability
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