Pre-engineered Metal Building For
For Sale
Contact for pricing
5364 S Villa Ave, Fresno, CA 93725
20,000 sq ft industrial building with private water system.
Property Size20,000 SF
Price / SF$126
Days on Market1286
Property Features for 5364 S Villa Ave
General Information
Standard status
Active
Size
20,000 SF
Property subtype
Industrial
Zoning
M-3 (Heavy Industrial)
Occupancy
100%
Lease Type
Gross
Building Details
Year Built
1998
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Cushman & Wakefield - Fresno, California
(559) 433-3531
Listed By:
James Griffin · License #01211790
Source:
Crexi
Added: Feb 21, 2023
Changed: Aug 16
Last Checked: Aug 29 at 7:50AM
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 property features a pre-engineered metal building with R-7 rigid board insulation. It benefits from a private water system that serves the entire park and sewer services provided by the SKF District. The Three Crowns Industrial Park has established an Owner’s Association for the common benefit of the 26 lot owners. The Association includes a Board of Directors, Officers, and an Architectural Committee. Copies of the Association By Laws and its Declaration of Restrictions are available. A third-party Property Manager will be hired to coordinate the Association’s responsibilities, including maintenance of common areas, the common storm drainage system, and the private water system serving the Park. Each lot has a water meter, and the Association collects water charges assessed to each Owner based on usage and the City of Fowler’s standard water rates. The property size is 20,000 square feet.
Key Highlights
- Pre‑engineered metal building: potentially cost‑effective and durable.
- Private water system for the entire park: potential cost savings and control.
- R‑7 rigid board insulation for energy efficiency.
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
$146,948
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
5.83%
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%
$2,938,960
$2.9M
Cap Rate 7%
$2,099,257
$2.1M
Cap Rate 9%
$1,632,756
$1.6M
Market Conditions
NOI Build-Up for 20,000 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
$213.6K $10.68/SF
− Vacancy
−$3.7K −$0.18/SF
EGI
$209.9K $10.50/SF
− OpEx
−$63.0K −$3.15/SF
NOI
$146.9K $7.35/SF
Area
Fresno, CA
Vacancy
1.72%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
30.00%
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%
$2,938,960
Cap Rate 7%
$2,099,257
Cap Rate 9%
$1,632,756
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Explore this area
Business Placement
Demographics for 93725, CA
26,162
Population
6,998
Households
3.7
Avg Household Size
30
Median Age
13%
College-Educated
68%
High-School Grad
67.0 sq mi
ZIP Area
390
Density / Sq Mi
$71,099
Median Household Income
$34,943
Median Earnings
$1,222
Median Rent
$262,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - 20,000 sq ft industrial building with private water system.
Where is this industrial property located?
The property is located at 5364 S Villa 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: potentially cost‑effective and durable.; Private water system for the entire park: potential cost savings and control.; R‑7 rigid board insulation for energy efficiency.
