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Property profile & analytics
OFF-MARKET Estimated value $12,775,000
Manufacturing properties

2842 Business Park Ave Fresno, CA 93727-1328

226,937 SF 20.15 ac lot Built 1985
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US09-1292622
Property summary
AI-generated overview

This exceptional Fresno, CA industrial campus, totaling 225,186 square feet on a 13.75-acre lot, presents a unique investment opportunity. Built in 1987 and zoned IL (Light Industrial), the property boasts 12 dock-high doors, 377 parking spaces, and a substantial 26-foot ceiling height, ideal for manufacturing and warehousing. The campus features approximately 54,210 square feet of office space, perfectly suited for corporate operations. Its strategic location in Fresno County, at 2842 N. Business Park Ave (cross streets: Shields and Fowler Avenues), offers excellent access to major transportation routes. The property's robust infrastructure includes nearly 7,000 amps of 3-phase power, underscoring its capacity for advanced manufacturing processes. The ample parking and expansive layout cater to a large workforce. APN: 496-192-10S. This multi-tenant property is ready for its next chapter, offering significant potential for a variety of industrial uses. The property's history includes use as a corporate office, research and development, manufacturing, and distribution center. This is a rare opportunity to acquire a well-established, functional, and amenity-rich industrial campus in a prime Fresno location.

Property profile
Verified
Property type Manufacturing properties
Use group FACTORY (MANUFACTURING)
Year built 1985
Construction TILT-UP CONCRETE
Total area 226,937 SF
Lot 20.15 ac (877,734 SF)
Zoning code IL
APN 496-192-10S
UPID US09-1292622
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
  • Sunrise Medical (US) LLC Industrial Manufacturer Production Facility
  • PBLC Payroll Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.09M
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.29M
Blend (final) Blend
$12.78M
Owner & transaction history
Henry Chung · 4 yrs held
Henry Chung
since 2021
Last sale
$15.0M
7 recorded transactions
2022
Price N/A
2021
$15.0M
2021
$1.8M
2021
Price N/A
2003
Price N/A
2000
Price N/A
1969
Price N/A
Zoning & alternative use
IL · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Caretaker Residence IL,* HL* Colleges & Trade Schools, Public or Private O,* BP,* RBP,* IL, HL Community & Religious Assembly (less than 2,000 SF) O, BP, RBP, IL Community & Religious Assembly (more than 2,000 SF) O Community Garden O, BP, RBP, IL, HL Cultural Institutions | Day Care Centers O, BP, RBP Emergency Shelter RBP, IL Government Offices | Offices O…

Zone name Light Industrial
General category INDUSTRIAL
Zone area 4,215.20 ac
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