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Property profile & analytics
FOR SALE
Manufacturing properties

944 S Topeka Ave Fresno, CA 93721

30,084 SF 0.79 ac lot Built 1959
Individually Owned ~ Est. High Equity
Property ID
US09-2419570
Property summary
AI-generated overview

This ±30,084 square foot heavy industrial building in Fresno, CA, is available for $1,500,000. Situated on a 0.79-acre lot (APN 468-020-48S), this single-tenant property boasts a modified lease type and features a concrete block construction with high visibility from CA-41. The building includes a substantial 93' x 102' cold storage area equipped with three MYCOM compressors and two 53' x 33' pre-cooling rooms. Additional space comprises a 93' x 51' packing area and a 93' x 51' storage room, all benefiting from an 18-foot ceiling height (22-foot eave height in some areas). The property is enhanced by LED lighting, fresh paint, ADA-compliant restrooms, a complete fire suppression system, video surveillance, and heavy power (60 HP 220V 1500 RPM motors with 313 HP compressors and 480V 250 Amp power). Access is provided by four dock-high doors, 8' x 7' forklift entryways, and roll-up doors. A fully fenced yard with a rod iron gate and convenient highway and rail spur access further add to its appeal. The IH (Heavy Industrial) zoning allows for diverse uses. An adjacent covered dock and yard are available via a separate land lease. This property presents a cost-effective alternative to new construction, avoiding delays and high construction costs. Its central Fresno location offers easy access to major freeways and is near Selland Arena, Saroyan Theatre, and Chuckchansi Park.

Property profile
Verified
Property type Manufacturing properties
Use group FOOD PACKING, PACKING PLANT
Year built 1959
Construction TILT-UP CONCRETE
Total area 30,084 SF
Lot 0.79 ac (34,500 SF)
Zoning code IH
APN 468-020-48S
UPID US09-2419570
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Midland Cold Storage Storage Facility Warehouse & Storage
  • Nat Feinn & Son Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$835k
CAP Approach CAP
by Request
Comparable Approach Comparable
$555k
Blend (final) Blend
$695k
Owner & transaction history
Nat Fienn
Nat Fienn
1 recorded transaction
1969
Price N/A
Zoning & alternative use
IH · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The IH district is intended to accommodate the broadest range of industrial uses on sites identified in the General Plan. It includes manufacturing, assembly, wholesaling, distribution, and storage activities that are essential to the development of a balanced economic base. Small-scale commercial services and ancillary office uses are also permitted.

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 2,925.30 ac
Source Realmo
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