2428 West Ave Fresno, CA 93706
This exceptional Fresno, CA industrial property presents a compelling investment opportunity. The 12,000 square foot warehouse, classified as Class B, sits on a substantial 6.93-acre lot (APN: 477-080-20, 477-080-21, 477-080-22, 477-080-23, 477-080-24, 477-080-34, 477-080-35) and is zoned for Light Industrial (IL) use. The property boasts multiple income streams, including a pallet company ($3,400/month), a truck repair shop ($4,400/month), a truck driving school ($1,800/month), and 85 paved truck parking spaces generating $200/month each. The warehouse itself includes shop and office space, plus a fully equipped condo with kitchen and bathroom. The property is fully paved, gated, and fenced, providing security and ample space for large vehicles. This multi-tenant, gross lease property is offered at $4,100,000 with a 6.50% cap rate. Its prime location in Fresno, CA (93706), makes it highly accessible for trucking and logistics businesses. This is a rare chance to acquire a well-established, income-generating industrial asset with significant potential for future growth. The property's strong tenant base and secure design offer both immediate returns and long-term value.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.