Industrial Building in Three Crowns
5444 S Nikita Ave Fresno, CA 93725
5444 S Nikita Ave, Fresno, CA, 93725
Contact for pricing
For Sale
Contact for pricing
20,000 sq ft industrial building for sale.
Property Size20,000 SF
Price / SF$126
Days on Market1246
Property Features for 5444 S Nikita Ave
General Information
- Standard status
- Active
- Size
- 20,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2005
Listing agency
Cushman & Wakefield - Fresno, California
(559) 433-3531
Listed by
James Griffin · License #01211790
Source
Crexi
Added: Feb 21, 2023 Updated: Jul 6 at 8:41AM Checked: Jul 21 at 6:44AM
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 Cushman & Wakefield - Fresno, California
Investment Insights
Based on property information with market context.
This 20,000 square foot industrial building is located within the Three Crowns Industrial Park. The pre-engineered metal building features R-7 rigid board insulation. The property benefits from a private water system serving the entire park. Sewer services are provided by the SKF District. The Three Crowns Industrial Park has established an Owner’s Association for the benefit of the 26 lot owners. The Association has a Board of Directors, Officers, and an Architectural Committee. The Association will hire a third-party Property Manager to coordinate responsibilities including maintenance of common areas, the common storm drainage system, and the private water system. Each lot has a water meter, and the Association collects water charges based on usage and the City of Fowler’s standard water rates.
Key Highlights
- Pre‑engineered metal building offers cost‑effective and durable construction.
- Benefit from a private water system for the entire park, offering potential cost savings.
- Established Owner's Association ensures common benefit and management.
Local Financial Insights For Industrial
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 | $213.6k | $10.68 |
| − Vacancy | −$3.7k | −$0.18 |
| EGI | $209.9k | $10.50 |
| − OpEx | −$63.0k | −$3.15 |
| NOI | $146.9k | $7.35 |
20,000 SF · lease $10.68/SF/yr · vacancy 1.72% · expense 30.00%
Alternative Uses
Best Use
Industrial
$2.10M
$1.84M – $2.45M
NOI $146,948 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.89M
$5.16M – $6.88M
NOI $412,560 @ 7.0% cap · market cap 16.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Industrial properties
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FAQs
What type of property is this?
Industrial property - 20,000 sq ft industrial building for sale.
Where is this industrial property located?
The property is located at 5444 S Nikita Ave Fresno, CA.
What is the asking price?
The asking price for this property is $2,520,000.
What are key features of this property?
This property features: Pre‑engineered metal building offers cost‑effective and durable construction.; Benefit from a private water system for the entire park, offering potential cost savings.; Established Owner's Association ensures common benefit and management.
