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

    5377 Fresno St Fresno, CA 93710

    • Medical offices
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1840379
    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

    • Andreini Parker Insurance Brokers / Insurance Agency

    Property Details for 5377 Fresno St

    Property type
    Medical offices
    Property subtype
    Office space

    Description

    This exceptional office complex in Fresno, California, offers a variety of spaces ideal for businesses seeking flexible and modern accommodations. Located at 5377 N Fresno St, Fresno, CA 93710, this property boasts a convenient location with close proximity to Freeway 41, ensuring easy access for employees and clients. The building features remodeled exteriors and common areas, creating a welcoming and professional atmosphere. The complex comprises five suites in total, with multiple tenancy options available. Individual suites range from a minimum of 822 square feet to a maximum contiguous space of 13,120 square feet, providing ample flexibility to accommodate businesses of various sizes. Currently, there are 10,813 square feet of vacant space ready for immediate occupancy. The property is well-suited for a variety of uses, including traditional office spaces and medical offices, thanks to its adaptable layout and modern amenities. Abundant parking is available on-site, providing convenience for tenants and visitors. The strategic location also offers easy access to a variety of amenities, including shopping, restaurants, and banking facilities, enhancing the overall convenience and appeal of this property. This is a rare opportunity to secure prime office space in a thriving Fresno location. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.7813524
    Latitude
    36.8157562

    Comparable in this City

    • $1.30 SF/Yr
      1,535 SF

      Medical/Dental Office Space Available

      Medical/dental office space for rent with existing build-out.
      5475 N Fresno St, Fresno, CA 93710
      View Details
    • $1.30 SF/Yr
      1,600 SF

      Medical/Dental Office Space Available

      1,600 SF medical/dental office space for rent.
      5479 N Fresno St, Fresno, CA 93710
      View Details
    • $1.30 SF/Yr
      1,620 SF

      Medical/Dental Office Space Available

      1,620 SF medical/dental office space for rent.
      5477 N Fresno St, Fresno, CA 93710
      View Details
    • Contact for pricing
      4,937 SF

      Fresno Medical Office Building

      Class A medical office space available.
      6121 Thesta St, Fresno, CA 93710
      View Details
    • $20 SF/Yr
      10,117 SF

      Fresno Medical Office Space Available

      Modern Medical Office Suites, Fresno
      5640 Fresno St, Fresno, CA 93710
      View Details
    • Contact for pricing

      Fresno Medical Office Suite 106

      Prime Medical Office Space, Fresno, CA
      6061 Fresno St, Fresno, CA 93710
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,470 SF

      Fresno Office Suite For Sale

      Office suite with customizable layout, ample parking, and convenient location.
      6255 N Fresno St, Fresno, CA 93710
      View Details
    • $1,734,600
      7,080 SF

      Fresno Medical Office Building

      7,080 SF Medical Office - $1.7M
      5690 Fresno St, Fresno, CA 93710
      View Details
    • $1,325,000

      High-Traffic Fresno Office Building

      7,704 SF commercial office building at Shaw & Chestnut.
      2763 E Shaw Ave, Fresno, CA 93710
      View Details
    • $1,887,970
      7,706 SF

      Fresno Medical Office Building

      7,706 SF Medical Office - $245/SF
      5680 Fresno St, Fresno, CA 93710
      View Details
    • Contact for pricing
      14,140 SF

      Fresno Medical Office Complex

      14,140 SF Multi-Tenant Medical Office
      6700 1St St, Fresno, CA 93710
      View Details
    • $1,558,690
      6,362 SF

      Fresno Medical Office Building

      Prime Fresno location, 6,362 SF medical office.
      5650 Fresno St, Fresno, CA 93710
      View Details

    Similar Nearby for Lease

    • $1.30 SF/Yr
      1,535 SF

      Medical/Dental Office Space Available

      Medical/dental office space for rent with existing build-out.
      5475 N Fresno St, Fresno, CA 93710
      View Details
    • $1.30 SF/Yr
      1,600 SF

      Medical/Dental Office Space Available

      1,600 SF medical/dental office space for rent.
      5479 N Fresno St, Fresno, CA 93710
      View Details
    • $1.30 SF/Yr
      1,620 SF

      Medical/Dental Office Space Available

      1,620 SF medical/dental office space for rent.
      5477 N Fresno St, Fresno, CA 93710
      View Details
    • Contact for pricing
      4,937 SF

      Fresno Medical Office Building

      Class A medical office space available.
      6121 Thesta St, Fresno, CA 93710
      View Details
    • Contact for pricing

      Fresno Medical Office Suite 101

      1,490 SF Medical Office, Fresno
      6073 Fresno St, Fresno, CA 93710
      View Details
    • Contact for pricing

      Fresno Medical Office Suite 106

      Prime Medical Office Space, Fresno, CA
      6061 Fresno St, Fresno, CA 93710
      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.
    5377 Fresno St
    Fresno, CA 93710
    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.