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    1907 Olive Ave Fresno, CA 93701

    For Lease
    $4 SF/Yr ($6,354 /Mo)

    High-visibility warehouse; ideal for multiple tenants.

    Lot size:
    15,886 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This highly visible, freestanding industrial building, located on Olive Avenue east of Blackstone Avenue, offers 15,886 square feet of space on a 30,056 square foot lot. Built in 1935, this single-story structure is zoned NMX and features a secure iron gate. The property boasts a versatile layout including two offices, three restrooms, and a sizable retail/showroom area, in addition to substantial warehouse space. The building is available for lease as a whole at a modified gross rate of $0.40 per square foot per month. This represents a significant opportunity for businesses seeking a prominent location with a blend of office, retail, and warehouse functionality. The property's prominent location and adaptable space make it suitable for a variety of uses. The APN is 451-296-39. This is a rare opportunity to secure a well-positioned, freestanding warehouse in a desirable area. The building's age adds character, while its secure features and ample space provide practical advantages for a diverse range of tenants. The lease rate is attractive, offering a strong return on investment.

    Property Features for 1907 Olive Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,886 SF
    Total Rate
    6354.4

    Building Details

    Year Built
    1935
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 3
    Size
    15,886 SF
    Rate per SF
    $4
    Space
    1939
    Size
    12,140 SF
    Rate per SF
    $5

    HighLights

    • 15,886 SF industrial warehouse building.
    • Multiple tenancy warehouse.
    • Located on Olive Avenue, east of Blackstone Avenue.
    • Features three restrooms, two offices, and a large retail/showroom area.
    • 30,056 SF lot size.
    • Built in 1935, single‑story building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.7875525
    Latitude
    36.7575849

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    FAQs

    What type of property is this?
    Distribution property - High-visibility warehouse; ideal for multiple tenants.
    Where is this distribution property located?
    The property is located at 1907 Olive Ave Fresno, CA.
    What is the lease rate?
    The lease rate is $4-$5 SF/Yr.
    What are key features of this property?
    This property features: 15,886 SF industrial warehouse building.; Multiple tenancy warehouse.; Located on Olive Avenue, east of Blackstone Avenue.
    Request Owner's contact information
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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
    1907 Olive Ave Fresno, CA 93701
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