Fresno, CA Commercial Real Estate Market Trends & Data

What Are Current Commercial Real Estate Benchmarks in Fresno?

Fresno commercial properties are averaging $269 per square foot to buy and $70 per square foot to lease, with cap rates near 6.37% across asset types. The data below covers sale prices, lease rates, cap rates, and building sizes by property type to support early-stage market evaluation.

Explore Commercial Properties in Fresno

Browse properties currently for sale or lease to see how local market pricing and building sizes translate into real opportunities.

 

Fresno's Demographic Profile

Fresno has 177,749 households and a median income of $61,553, providing context for rent absorption and tenant demand across retail and multifamily assets. A 2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metrics Value
Population 548,164
# Households 177,749
Median age 34
Median household income $61,553
Avg household size 3
Renter-occupied housing units 90,431
5-year population change 2%

Commercial Real Estate Market Snapshot in Fresno

Use the benchmarks below to set initial underwriting baselines for Fresno, typical deal size, entry costs, and cap rate ranges by asset type before evaluating individual listings.

Key Market Metrics Value
Avg asking sale price $269 per SF
Avg asking lease rate $70 per SF
Avg unit size for lease 16,533 SF
Avg building size for sale 35,839 SF
Average cap rate 6.37%

The 6.37% average cap rate reflects current return expectations relative to Fresno pricing and deal scale. Use this alongside asking prices and lease rates to establish initial underwriting assumptions.

 

Commercial Properties For Sale In Fresno

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

E Butler Ave

Fresno, CA 93888

  • 2.56 AC Lot
  • 1 Commercial Lot
  • $998,500
For Sale

4140 N Clark St

Fresno, CA 93726

  • 11,588 SF Multifamily
  • 5.70% Cap Rate
  • $1,688,000
For Sale

7.7 Cap | 10 Year Absolute Triple-Net Lease

Fresno, CA 93721

  • 4,350 SF Industrial Building
  • 7.70% Cap Rate
  • $629,000
For Sale

1100 N Fresno St

Fresno, CA 93701

  • 1,800 SF Industrial Building
  • $289,000
For Sale

2043 E. Saginaw Way

Fresno, CA 93726

  • 19,660 SF Multifamily
  • $2,350,000
For Sale

Las Flores Apartments

Fresno, CA 93726

  • 53,023 SF Multifamily
  • $4,900,000
For Sale

Alamos Gardens Apartments

Clovis, CA 93612

  • 39,438 SF Multifamily
  • $7,100,000
For Sale

3676 E Dakota Ave

Fresno, CA 93726

  • 8,680 SF Health Care Building
  • $1,650,000

 

Commercial Market Metrics by Property Type

Office Building Market Metrics Near Fresno

Office market metrics highlight how pricing, typical deal size, and return expectations vary across submarkets, helping investors compare entry costs and yield potential efficiently.

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Fresno $223 23,161 SF 8.64%
Madera $233 7,778 SF 10.00%
Clovis $327 21,529 SF 6.51%
Merced $327 4,339 SF 5.61%

Industrial Property Market Metrics Near Fresno

Industrial market data shows how cost per square foot and typical building size differ by submarket, supporting comparisons around deal scale and pricing alignment.

Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Fresno $208 62,639 SF 7.70%
Hanford $833 447,105 SF 7.01%
Visalia $229 41,767 SF 4.56%

 

Retail Property Market Metrics Near Fresno

Retail pricing varies widely across nearby markets, making this comparison useful for identifying where cost per square foot and deal size diverge most.

Nearby Retail Markets Avg Cost/SF Typical Size
Fresno $373 33,582 SF
Madera $289 12,404 SF
Clovis $763 38,469 SF
Sanger $396 15,687 SF
Dinuba $229 6,253 SF

Multifamily Property Market Metrics Near Fresno

Multifamily metrics show how pricing and building size relate to observed cap rate ranges, helping investors evaluate income potential relative to entry cost.

Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Fresno $165 32,000 SF 8.72%
Los Banos $263 8,121 SF 7.62%
Turlock $201 10,670 SF 8.43%
Salinas $298 21,681 SF 6.31%

 

How Investors Evaluate Commercial Real Estate Markets in Fresno

Use these tools to move from market-level signals to deal-level math. Each calculator helps translate Fresno pricing, rents, and building size into concrete metrics like value, income, and space requirements, so you can validate assumptions before spending time on individual listings.

 

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Fresno pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Fresno $269 35,839 SF
Selma $177 24,579 SF
Parlier $140 7,878 SF
Kerman $782 38,691 SF

Office Space For Sale In Fresno

Office Space listings shown here connect market pricing and cap rate patterns with income-producing opportunities currently available.
For Sale

Suites 110-149

Fresno, CA 93710

  • 19,388 SF Office Building
  • $2,950,000
For Sale

190 N Van Ness Ave

Fresno, CA 93701

  • 3,747 SF Office Building
  • 6.70% Cap Rate
  • $599,900
For Sale

1025 Fulton St

Fresno, CA 93721

  • 15,060 SF Office Building
  • $2,635,000
For Sale

1221 Van Ness Ave

Fresno, CA 93721

  • 47,040 SF Office Building
  • $2,600,000
For Sale

5781 E Kings Canyon Rd

Fresno, CA 93727

  • 3,548 SF Office Building
  • $1,399,500
For Sale

3585 W Beechwood Ave

Fresno, CA 93711

  • 16,087 SF Office Building
  • $815,000
For Sale

7060 N Fresno St

Fresno, CA 93720

  • 23,594 SF Office Building
  • $9,225,000
For Sale

First & Bullard Centre

Fresno, CA 93710

  • 5,061 SF Office Building
  • $1,140,000

Regional Demographic Comparison

This comparison places Fresno alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Fresno or distributed across surrounding areas.

City Population # Households Age MedianHouseholdIncome AvgHouseholdSize RenterOccupiedHousingUnits FiveYrPopGrowthPct
Fresno 548,164 177,749 34 $61,553 3 90,431 2%
Fowler 7,579 2,285 36 $65,903 3 967 3%
Selma 24,660 7,030 33 $50,400 4 3,207 1%
Parlier 13,725 3,445 31 $45,037 4 1,749 2%
Kerman 16,302 4,517 32 $60,477 4 1,858 2%

FAQs About Commercial Investing in Fresno

View All Commercial Real Estate For Sale in Fresno
Is Fresno a good market for a first-time commercial real estate investor?

Fresno offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Fresno?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Fresno. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Fresno?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Fresno. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Fresno compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Fresno. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Fresno acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Fresno, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.