Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4944 Clinton Way Fresno, CA 93727

    • Office Properties & Spaces
    • 2,800 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Robert S. Brown, Cas / Counselor
    • Ira Kaufman, LCSW / Doctor
    • Lenora Broady, RN / Counselor
    • Jess A. Zamora, AS / Doctor
    • Da Capo Music LLC / Music School

    Property Details for 4944 Clinton Way

    Property size
    2,800 SF
    Property type
    Office Properties & Spaces

    Description

    This exceptional 2,800 square foot executive office condominium is ideally situated at 4944 E. Clinton Way, #209, in Fresno, California, 93727. Priced at $425,000 ($151.79 per square foot), this property presents a rare opportunity to acquire a highly desirable professional office space. The unit is conveniently located east of Winery Avenue, offering easy access to Fresno Yosemite International Airport. Its strategic position provides excellent connectivity to major freeways, including Freeway 168, Freeway 41, and Freeway 99 via Freeway 180, ensuring seamless commutes for employees and clients. The surrounding area boasts a wealth of amenities, including a variety of restaurants and retail establishments, enhancing the convenience and appeal of this location. This hard-to-find professional office condominium represents a compelling investment opportunity in a thriving Fresno business district. The property's size, location, and accessibility make it an ideal choice for businesses seeking a prestigious and functional workspace. Don't miss this chance to own a piece of prime Fresno commercial real estate.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.73
    Latitude
    36.7719

    Comparable in this City

    • Value Estimation by Request
      3,904 SF

      5748 Shields Ave

      Flex space • 3,904 SF
      5748 Shields Ave, Fresno, CA 93727
      View Details
    • Value Estimation by Request
      41,500 SF

      5130 Clinton Way

      Office Properties & Spaces • 41,500 SF
      5130 Clinton Way, Fresno, CA 93727
      View Details
    • Value Estimation by Request
      8,000 SF

      2650 Argyle Ave

      Distribution properties • 8,000 SF
      2650 Argyle Ave, Fresno, CA 93727
      View Details
    • Value Estimation
      $430,000
      8,984 SF

      5228 Pne Ave

      OFFICE (GENERAL) • 8,984 SF
      5228 Pne Ave, Fresno, CA 93727-2109
      View Details
    • Value Estimation by Request
      3,904 SF

      5748 Shields Ave

      Office Properties & Spaces • 3,904 SF
      5748 Shields Ave, Fresno, CA 93727
      View Details
    • Value Estimation
      $800,000
      25,200 SF

      5060 Clinton Way

      OFFICE BUILDING • 25,200 SF
      5060 Clinton Way, Fresno, CA 93727-1506
      View Details

    Similar Nearby for Sale

    • $2,348,000
      12,772 SF

      Fine Avenue Office Building

      Fresno Office Building - Owner/User Opportunity
      1835 Fine Ave, Fresno, CA 93727
      View Details
    • $2,110,000
      12,772 SF

      Fresno Airport Office Building

      Office building in Fresno Airport Business Center for sale.
      1835 N Fine Ave, Fresno, CA 93727
      View Details
    • $2,525,000
      19,828 SF

      Fresno Industrial/Flex Space Opportunity

      Industrial/flex space in Fresno, CA, suitable for various uses.
      5645-5661 E Shields Ave, Fresno, CA 93727
      View Details
    • $1,300,000

      Fresno Residential Land - $1.3M

      3.6-acre residential development land in Fresno, CA.
      2342 Fowler Ave, Fresno, CA 93727
      View Details
    • $7,500,000
      104,840 SF

      Fresno Industrial/Flex Space Portfolio

      Large industrial/flex space portfolio in Fresno, California for sale.
      5697-5715 E Fountain Way, Fresno, CA 93727
      View Details
    • $330,000

      Land with Mixed-Use Zoning

      Land with mixed-use zoning near downtown and medical center.
      2948 E Tulare Ave, Fresno, CA 93727
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      14,284 SF

      Fresno Office Space for Lease

      Gateway Blvd Office Suites Available
      2002 Gateway Blvd, Fresno, CA 93727
      View Details
    • $18 SF/Yr
      9,249 SF

      Fresno Airport Office Center

      Class A Office Space Near Airport
      5118 Clinton Way, Fresno, CA 93727
      View Details
    • Contact for pricing

      Fully Leased Office Space

      Office property in Fresno, CA, currently 100% leased.
      1959 N Gateway Blvd, Fresno, CA 93727
      View Details
    • Contact for pricing
      531,976 SF

      Fresno Flex Space - 531,976 SF

      Large Single-Tenant Flex Space in Fresno
      5045 Butler Ave, Fresno, CA 93727
      View Details
    • $1.65 SF/Yr
      900 SF

      Office Space Available For Rent

      900 square feet of office space available for rent.
      1901 N Gateway Blvd, Fresno, CA 93727
      View Details
    • $1.20 SF/Yr
      581 SF

      Office Space Available For Rent

      581 square feet office space for rent in Fresno.
      1954 N Gateway Blvd, Fresno, CA 93727
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4944 Clinton Way
    Fresno, CA 93727
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.