Property summary
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,… yielding a 7.00% cap rate and a pro-forma cap rate of 9.20%. The asking price is $675,000, translating to $82.13 per square foot. The property boasts 54 parking spaces, plus 129 feet of street frontage, providing ample parking for tenants and visitors. The four separately metered office suites offer various configurations and sizes, ranging from approximately 1,224 square feet to 2,890 square feet, making them easily adaptable to diverse business needs. Each unit features high-speed internet access and secure entrances. The building's convenient location off CA-41, coupled with its excellent visibility and ample parking, makes it an attractive option for businesses seeking a well-maintained and easily accessible space. This property presents a strong value-add opportunity for an owner-user or investor seeking a stable income stream with significant upside potential through increased occupancy and rent growth. The existing tenant mix is characterized by long-term leases and low turnover, minimizing management and maintenance requirements.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 7,924 SF
- Lot area
- 0.79 ac
- Year built
- 1968
- Stories
- 1
- APN
- 443-080-15
- Zoning
- CC
- Assessed value · 2023
- $400,000
- Annual tax · 2023
- $5,262
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $5,262
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
CC: Medium-scale development that serves local needs such as convenience shopping & offices CR: Large, urban-scale retail, office, civic/entertainment uses to meet local and regional demands CG: A range of retail/service…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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