Office Building with
For Sale
$275,000
927 N Street, Firebaugh, CA 93622
SINGLE_FAMILY - Firebaugh, CA
Property Size1,408 SF
Lot Size0.07 Acres
Price / SF$195.31
Days on Market55
Property Features for 927 N Street
General Information
Property type
Residential
Property subtype
Office
Directions
From Riverside Park, Head on 13th St toward N St, Turn R on N St, property on Right.
Standard status
Active
APN
00804513
Lot size
0.07 Acres
Utilities
Cooling system
Central Air
Building Details
Year built
2002
Listing Agency:
Realty Executives Of Northern California · Realty Executives International
(209) 385-8500
Listed By:
Randy Hayer · License #01251542
(209) 765-3767
Added: Jun 17
Changed: Jul 6
Last Checked: Aug 10 at 11:06AM
MLS# MC26132741
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This office building offers approximately 1,408 square feet of space and is set on a 3,250 square foot lot. The property includes both private rear parking and convenient street-front spaces, giving it practical flexibility for tenant and visitor access. It is presented for office use or service-based businesses, with visibility intended to support customer traffic.
The building is located at 927 N Street in Firebaugh, within the heart of the community. Public remarks note prominent exposure along a high-traffic area and easy access to Highway 33, which can be helpful for businesses that rely on convenient vehicle access and storefront-style visibility.
For buyers seeking an owner-occupied office or a small business location, the combination of dedicated rear parking and street-facing spaces can accommodate day-to-day operations. The configuration is also straightforward for service-oriented uses that benefit from easy access and a recognizable business presence. The property is offered for sale at $275,000.
The building is located at 927 N Street in Firebaugh, within the heart of the community. Public remarks note prominent exposure along a high-traffic area and easy access to Highway 33, which can be helpful for businesses that rely on convenient vehicle access and storefront-style visibility.
For buyers seeking an owner-occupied office or a small business location, the combination of dedicated rear parking and street-facing spaces can accommodate day-to-day operations. The configuration is also straightforward for service-oriented uses that benefit from easy access and a recognizable business presence. The property is offered for sale at $275,000.
Key Highlights
- 1,408 sq ft office building built in 2002
- Central air cooling
- 3,250 sq ft lot with private rear parking plus street‑front spaces
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
$16,892
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
6.14%
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%
$337,840
$337.8K
Cap Rate 7%
$241,314
$241.3K
Cap Rate 9%
$187,689
$187.7K
Market Conditions
NOI Build-Up for 1,408 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
$32.6K $23.16/SF
− Vacancy
−$10.1K −$7.16/SF
EGI
$22.5K $16.00/SF
− OpEx
−$5.6K −$4.00/SF
NOI
$16.9K $12.00/SF
Area
Fresno County, CA
Vacancy
30.93%
Lease Rate
$23.16 /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%
$337,840
Cap Rate 7%
$241,314
Cap Rate 9%
$187,689
Alternative Uses
Best Use
Office B
$241.3K
$211.2K – $281.5K
NOI $16,892 @ 7.0% cap · market cap 6.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$399.1K
$349.2K – $465.6K
NOI $27,934 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
Explore this area
Business Placement
Demographics for 93622, CA
9,884
Population
2,966
Households
3.3
Avg Household Size
30
Median Age
4%
College-Educated
42%
High-School Grad
455.3 sq mi
ZIP Area
22
Density / Sq Mi
$46,510
Median Household Income
$28,417
Median Earnings
$924
Median Rent
$236,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Compact office building with rear private parking and street-front spaces, positioned for visibility and access near Highway 33.
Where is this office units located?
The property is located at 927 N Street Firebaugh, CA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,408 sq ft office building built in 2002; Central air cooling; 3,250 sq ft lot with private rear parking plus street‑front spaces
