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255 N Clovis Ave - Multi-Residential w/ a Commercial Building

4.99 Acres of Residential Land Offered at $2,500,000 in Fresno, CA 93727

Investment Highlights

  • Site's Plan (Housing) synchronize perfect with across-the-street Fancher Creek Development (Target, Sprouts, PetSmart, School etc etc)
  • Less than 10-minute drive, mostly a highway-drive, to Fresno State University
  • Less than 10-minute drive, mostly a highway-drive, to Fresno Community Hospital
  • Property located exactly half-mile from Highway 180
  • Less than 10-minute drive, mostly a highway-drive, to Fresno State University

Executive Summary

Project's Current Status:
(A) 3-Story 108 Apartment units approved along with a commercial building in the front.
(B) Construction plans have been submitted to City of Fresno and ready for reviewal. Will take buyer(s) 90-120 days to acquire permits and get the site construction ready.

Property Facts

Price $2,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 4.99 AC

1 Lot Available

Lot

Price $2,500,000
Price Per AC $501,032
Lot Size 4.99 AC

5 Acres of high-density residential zoning right across from Fancher Creek Development Site. 3-Story 108 Apartment units approved along with a commercial building in the front. Construction plans submitted to City of Fresno.

Description

Site is 5 acres with approved 108 apartments and a commercial building in the front. Property is located exactly half-mile from HWY 180. Construction Plans Submitted To City of Fresno & Ready to Review by the City. Will take buyer(s) 90-120 days to get the site ready for construction.

zoning

Zoning Code R-2 (High-Density Residential Zoning)
R-2 (High-Density Residential Zoning)
  • Listing ID: 34199234

  • Date on Market: 12/14/2024

  • Last Updated:

  • Address: 255 N Clovis Ave, Fresno, CA 93727

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