Property profile

5045 E Butler Ave Fresno, CA 93727

FOR LEASE
Office buildings
Property ID
US09-2938298
520,265 SF 59.56 ac lot Built 1971
Individually Owned 5-yr Hold Free & Clear
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5045 E Butler Ave, Fresno, CA 93727 For Lease
Contact for pricing 531,976 SF available
5045 E Butler Ave, Fresno, CA 93727
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Property summary

AI-generated overview

This exceptional Fresno, California property, located at 5045 E Butler Ave, offers a substantial 531,976 square feet of single-tenant flex space. Situated on a generous 48.69-acre lot, this one-story building boasts 2,641 parking spaces, providing a convenient 5/1,000 parking ratio. Built in 1971, the property is zoned PI (Public and Institutional) and features five interconnected buildings, easily adaptable for multiple users. The expansive space primarily consists of open-office areas, ideal for various business needs. The campus-style setting includes attractive amenities such as a fully equipped kitchen with cafeteria seating, shaded outdoor courtyards, multiple gathering areas, a secure backup power supply, and significant energy upgrades. The gated campus offers a favorable coverage ratio of approximately 25%. Its prime location provides convenient access to downtown Fresno and the surrounding community, making it a rare and highly desirable large-block office space opportunity in this market. The property's APN is 472-021-030. The entire 531,976 square feet is currently vacant.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1971
Construction STEEL FRAME
Total area 520,265 SF
Lot 59.56 ac (2,594,433 SF)
Zoning code PI
APN 472-021-30
UPID US09-2938298

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Advocacy Group
  • Hotel & Motel Bed & Breakfast
  • Physician
  • Government Office Tax Preparation Service

Location

5045 E Butler Ave Fresno, CA 93727
Fresno metro Census 1407 FRESNO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.34M

Owner & transaction history

since 2021
Last sale
$6.0M
5 recorded transactions
2025
Price N/A
2021
Price N/A
2021
$6.0M
2009
Price N/A
2004
Price N/A

Zoning & alternative use

PI · Fresno, CA
Zoning description

mmercial Regional CG - Commercial General CH - Commercial Highway and Auto CRC - Commercial Recreation O - Office BP - Business Park IL - Light Industrial IH - Heavy Industrial OS - Open Space PR - Park and Recreation PI…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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