944 S Topeka Ave Fresno, CA 93721
For Sale
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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.
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Midland Cold Storage Storage Facility Warehouse & Storage
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Nat Feinn & Son Grocery & Convenience Store Food Market
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IH · Fresno, CAThe 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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.