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    5151 Palm Ave Fresno, CA 93704

    Sponsored
    For Lease
    $16 SF/Yr

    Multiple Suites Available, 490-1200 SF

    Lot size:
    41,010 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Fresno office property, located at 5151 N Palm Ave, offers a diverse range of spaces ideal for various business needs. The single-story, 41,010 square foot building sits on a 4.07-acre lot and boasts a Class B designation, having undergone renovations in 2020. Originally constructed in 1970, the property is zoned CMX and features ample parking, both in a convenient rear lot and on the street. The building's excellent northwest location places it directly across from Fig Garden Village, providing high visibility and easy access. Currently, several office suites are available, ranging from 490 to 1,200 square feet. These units offer a variety of configurations, including options with reception areas, multiple private offices, breakrooms, and restrooms. Unit #900 includes a reception area, four private offices, a breakroom, a restroom, and storage. Unit #610 features a reception area and three private offices, while Unit #720 offers an open reception area with two offices. All units benefit from excellent signage opportunities. This property is perfect for businesses seeking a well-maintained, conveniently located office space in a thriving Fresno neighborhood. The property's APN is 417-213-25, and it's situated in Fresno County, CA, 93704, near the cross streets of W Shaw Ave and N Palm Ave. The building's multiple tenancy allows for flexibility and diverse occupancy.

    Property Features for 5151 Palm Ave

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,010 SF
    Class
    B
    Total Rate
    57414

    Building Details

    Year Built/Renovated
    1970/2020
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    #610
    Size
    490 SF
    Rate per SF
    $16
    Space
    #820
    Size
    767 SF
    Rate per SF
    $16
    Space
    #720
    Size
    609 SF
    Rate per SF
    $16
    Space
    #900
    Size
    1,200 SF
    Rate per SF
    $16

    HighLights

    • 2,299 SF of move‑in ready office space available in three units.
    • $20/SF tenant improvement allowance.
    • High‑visibility location across from Fig Garden Village.
    • Fresh paint, new flooring, and flexible floor plans.
    • Prominent freestanding office building with ample parking.
    • Features private offices, open work areas, and multiple entrances.
    Property Profile Location Intelligence

    Current Use by Public Records

    WRIGHT Ultimate Dental ... Dentist Susan Napolitano, Ph.D. Psychologist Reinfurt Lynne L ... Psychologist Brandon Carla Psychologist Honeyman E. Kirsten ... Psychologist

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.8089141
    Latitude
    36.8110206

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    FAQs

    What type of property is this?
    Coworking space - Multiple Suites Available, 490-1200 SF
    Where is this coworking space located?
    The property is located at 5151 Palm Ave Fresno, CA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 2,299 SF of move-in ready office space available in three units.; $20/SF tenant improvement allowance.; High-visibility location across from Fig Garden Village.
    Request Owner's contact information
    5151 Palm Ave Fresno, CA 93704
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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
    5151 Palm Ave Fresno, CA 93704
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