Listed by Newmark - Fresno
$3,700,000
Lamona Business Park
Details
APN 455-231-11S
Property Type Industrial
Sub Type Warehouse
Square Footage 32,340
Cap Rate 6.25%
NOI $231,250
Price per SqFt $114
Year Built 1979
Buildings 2
Stories 1
Acreage 2.240
Zoning IL
Occupancy Date 02/09/2026
Industrial | 6.25% CAP | 32,340 SqFt
Marketing description
The property at 1401–1421 N. Clovis Avenue consists of an approximately 32,340± square foot light industrial complex situated on approximately 2.24± acres. Built in 1979 and zoned IL (Light Industrial), the property is configured for multi-tenant or flexible industrial use and can accommodate warehouse, distribution, light manufacturing, or service-oriented operations. The site offers functional improvements with on-site parking and loading areas, providing efficient circulation and accessibility for a variety of industrial users.
Listing Contacts
Listed by Newmark - Fresno
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$231,250.00
$19,270.83/mo
Valuation Metrics
0
DSCR
6.25%
Cap Rate
6.25%
ROI
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