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

    3440 Willow Ave Fresno, CA 93725-9004

    • Flex space
    • 576 SF
    • 6.00 lot acres
    OFF-MARKET
    Last Sale
    Jul 01, 2022
    $637,500
    Value Estimations
    $635,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2982593
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • CalPortland Fresno Cement Terminal / Construction Company / General Contractor
    • Lehigh Hanson / Building Supply / Industrial Manufacturer
    • Boral Resources Inc / Building Supply

    Property Details for 3440 Willow Ave

    Year built
    1982
    Construction
    TILT-UP CONCRETE
    Lot size
    6.00 lot acres
    Property size
    576 SF
    Zone code
    M3
    Property type
    Flex space
    APN
    331-072-08S
    APU
    33107208S

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $665,000
      ML approach
      $730,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $595,000
      Market price range: $35.9k - $595k

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.725
    Latitude
    36.6856
    CBSA code
    23420
    CBSA name
    FRESNO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,769
    $841,500
    $91,800
    $933,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $24,445,000
      291,527 SF

      2945 Ave

      LIGHT INDUSTRIAL • 291,527 SF
      2945 Ave, Fresno, CA 93725-1910
      View Details
    • Value Estimation
      $1,375,000
      16,704 SF

      4469 Annadale Ave

      LIGHT INDUSTRIAL • 16,704 SF
      4469 Annadale Ave, Fresno, CA 93725-2221
      View Details
    • Value Estimation
      $1,005,000
      11,004 SF

      2727 Chestnut Ave

      LIGHT INDUSTRIAL • 11,004 SF
      2727 Chestnut Ave, Fresno, CA 93725-2114
      View Details
    • Value Estimation by Request
      243,000 SF

      4600 Chestnut Ave

      Flex space • 243,000 SF
      4600 Chestnut Ave, Fresno, CA 93725
      View Details
    • Value Estimation
      $2,535,000
      92,100 SF

      3428 Willow Ave

      LIGHT INDUSTRIAL • 92,100 SF
      3428 Willow Ave, Fresno, CA 93725
      View Details
    • Value Estimation by Request
      1,500 SF

      4365 Willow Ave

      LIGHT INDUSTRIAL • 1,500 SF
      4365 Willow Ave, Fresno, CA 93725-9352
      View Details

    Similar Nearby for Sale

    • $1,445,000
      12,310 SF

      Fresno Flex/Industrial Space Available

      Flex/Industrial property for sale in Fresno, CA, 12310 SF.
      2641 S Maple Ave, Fresno, CA 93725
      View Details
    • $1,316,700
      10,450 SF

      Fresno Industrial Warehouse

      10,450 SF Warehouse, $126/SF
      5455 Villa Ave, Fresno, CA 93725
      View Details
    • $787,500
      6,250 SF

      Fresno Industrial Warehouse - Lot 21

      6,250 SF Warehouse, $787,500
      5445 Villa Ave, Fresno, CA 93725
      View Details
    • $4,950,000
      51,300 SF

      Freestanding Industrial Building with Expansion

      51,300 SF industrial building on 4.05 AC lot.
      2645 S Chestnut Ave, Fresno, CA 93725
      View Details
    • $2,520,000
      20,000 SF

      Fresno Industrial Warehouse Investment

      20,000 SF Warehouse, 5.4% Cap Rate
      5444 Nikita Ave, Fresno, CA 93725
      View Details
    • Contact for pricing
      525 SF

      Spacious Industrial Complex on 22 Acres

      525,000 SF industrial complex on 22 acres, for sale/lease.
      3146 South Chestnut Ave, Fresno, CA 93725
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      21,530 SF

      Fresno Industrial Space for Lease

      ±21,530 SF Warehouse, Office Space Available
      5741 Central Ave, Fresno, CA 93725
      View Details
    • $40,680
      257,004 SF

      Fresno Industrial Land - 5.9 Acres

      Prime Fresno industrial land, single tenant, highway access.
      2510 Central Ave, Fresno, CA 93725
      View Details
    • Contact for pricing
      25,000 SF

      Fresno Warehouse Space Available

      Multi-tenant warehouse building with negotiable lease rate in Fresno.
      2998 S Angus Ave, Fresno, CA 93725
      View Details
    • Contact for pricing
      468,866 SF

      Fresno Distribution Warehouse for Lease

      468,866 SF distribution warehouse with excellent highway access.
      3775 S Minnewawa Ave, Fresno, CA 93725
      View Details
    • $0.55 SF/Yr
      50,000 SF

      Fresno Warehouse with Fenced Lot

      50,000 SF warehouse featuring a boosted fire sprinkler system.
      3695 S Willow Ave, Fresno, CA 93725
      View Details
    • Contact for pricing
      403,701 SF

      Industrial Land for Lease

      Industrial property available for lease in Fresno, California.
      3185 S Minnewawa Ave, Fresno, CA 93725
      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.
    3440 Willow Ave
    Fresno, CA 93725-9004
    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.