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Property profile & analytics
OFF-MARKET
Warehouses

2645 Chestnut Ave Fresno, CA 93725

51,300 SF Built 1981
Property ID
Property summary
AI-generated overview

This freestanding heavy industrial building, located at 2645 S Chestnut Ave, Fresno, CA 93725, offers 51,300 square feet of space on a 4.99-acre lot. Built in 1981, the property features a 20-foot ceiling height (15-foot at eaves) in the warehouse area and includes approximately 13,700 square feet of recently remodeled office/showroom space. The warehouse area itself comprises approximately 37,600 square feet, fully insulated and capable of combining with the showroom space for a total of approximately 44,800 square feet of warehouse space if desired. The showroom area features approximately 7,200 square feet of open retail space with new luxury vinyl plank flooring, three offices, and a restroom/lounge. The front office space encompasses approximately 6,500 square feet, including ten private offices, two open rooms/conference rooms, oversized restrooms, a bullpen area, filing/printing area, two storage rooms, an employee lounge, and two separate warehouse offices. The rear warehouse includes approximately 11,250 square feet of former machine shop space with various 220V connections and approximately 24,975 square feet of former distribution space with multiple dock-high doors and mezzanine racking. The warehouse boasts efficient lighting, skylights, coolers and Reznor heaters, multiple ADA-compliant restrooms, a full fire suppression system (250 PSI, 6" main, 2.5" distribution), video surveillance, and 1,600 amps of 480-volt, three-phase power. Six roll-up doors and a portable truck dock are also included. The property is secured by a full chain-link electric fence with monitoring (grandfathered fee of $1,700/month). The property is zoned IH - Heavy Industrial and benefits from convenient access to CA-99 via Jensen Ave and an upgraded interchange at North Ave (in progress). This location offers a cost-effective alternative to new construction, avoiding delays, land acquisition costs, and high construction expenses. The APN is 481-140-14.

Property profile
Verified
Property type Warehouses
Year built 1981
Total area 51,300 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kroeger Equipment & Supply Co Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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