Financial
Distress signals
Property profile

2971 N Maroa Ave Fresno, CA 93704

FOR SALE
Office buildings
Property ID
US09-3328285
7,924 SF 0.79 ac lot Built 1968
Last sale Jun 2007 · $400,000
Individually Owned Owner of record is an individual. 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional freestanding office building, totaling 8,219 square feet, presents a compelling investment opportunity in Fresno, California. Located at 2971 N Maroa Ave, this single-story, 1968-built Class B property sits on a 0.66-acre lot (APN 443-080-15) and is zoned CC - Commercial - Community. Currently housing four tenants, the building offers a modified lease structure with a 49.94% occupancy rate (as of May 11, 2020). The current NOI is $47,217, with a pro-forma NOI of $62,127,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$400k
Assessed land$130k
Assessed improvement$270k
Effective rate1.32%

Value estimate

· Sep 2026
$370k
$333k – $407k
AI approach$370k
NOI build-up
Gross scheduled income$173k
Vacancy & credit loss−$10k
Operating expenses−$41k
NOI · 18.03% cap applied$122k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$159/SF
Submarket average, outlier-cleaned · 287 recorded sales of this use type
Observed band · Q1–Q3$89 – $229
Qualifying comparables5

Cap rate analysis

How does the asset earn?
18.03%
$122k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CC
CC: Medium-scale development that serves local needs such as convenience shopping & offices CR: Large, urban-scale retail, office, civic/...
General categoryCIVIC_INSTITUTIONAL
JurisdictionFRESNO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.2
Law Firm13.8
Tailor Shop10.3

Location

2971 N Maroa Ave Fresno, CA 93704
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5588 Palm, Fresno, CA 93704-1913 $1,300,000 May 2025 5,678 SF
2984 Maroa, Fresno, CA 93704-5607 $500,000 Sep 2024 6,903 SF
285 Shaw, Fresno, CA 93704-2655 $715,000 Sep 2024 9,648 SF
5610 Palm, Fresno, CA 93704-1825 $900,000 Jul 2023 4,288 SF
135 Shaw Ave, Fresno, CA 93704-2825 $2,000,000 Jun 2023 9,064 SF
280 Shaw, Fresno, CA 93704-2644 $2,300,000 Aug 2022 13,146 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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