Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land For Sale in Sanger Title is generated by Realmo AI

    720 L Street, Sanger, CA 93657

    View on Map
    Claim this Listing
    For Sale
    $119,900

    LAND - Sanger, CA

    Type:Retail
    Lot size:
    0.26 Acres
    Added:
    Dec 12, 2025
    Days on Market:
    169
    Last Refresh:
    May 30 at 8:06 am

    Property Features for 720 L Street

    General Information

    Property type
    Land
    Property subtype
    Retail
    Standard status
    Active
    APN
    32013221
    Lot size
    0.26 Acres

    We can help!

    Listing Contact
    Dan Cheney
    Dan Cheney

    Listing agent Dan Cheney License #00838109

    Listing office Century 21 Cheney Enterprises 1700 Jensen, Suite 102, Sanger, CA

    Listing date Dec 12, 2025

    MLS# 641002 Listing URL

    Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Significant frontage on L. St.
    • Alley access
    • Infrastructure in alley
    • Curb and gutter in place
    • Great visibility
    • Excellent lot

    Overview

    This commercial land is located in Sanger, California. The lot offers frontage on L Street and alley access. Infrastructure is present in the alley, and the property benefits from existing curb and gutter. The lot size is approximately 0.2583 acres. The property offers visibility and potential.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sanger
    County
    Fresno
    State
    California
    Longitude
    -119.553902
    Latitude
    36.7062

    Nearby Similar for Sale

    • $540,000
      2,592 SF

      Turnkey Triplex in Sanger, CA

      Pristine triplex with upgrades, ideal for investors or owner-occupants.
      1335 Olive Avenue, Sanger, CA 93657
      View Details
    • $3,950,000
      52,986 SF

      Sanger Commercial Property for Sale

      Commercial property in Sanger, CA, featuring a 52,986 sqft building.
      1324 Academy Avenue, Sanger, CA 93657
      View Details
    • $169,000

      Lakefront Land Near Pine Flat

      8.41 acre lakefront property with direct access to Pine Flat Lake.
      Trimmer Springs Road, Sanger, CA 93657
      View Details
    • $105,000

      Wonder Valley Land Opportunity

      Nearly 2-acre corner lot with mountain views and mature oaks.
      Lupine Drive, Sanger, CA 93657
      View Details
    • $450,000

      Sanger Land Near Kings River

      Ready-to-develop lot in a private, gated community near Kings River.
      1185 S Riverbend, Sanger, CA 93657
      View Details
    • $410,000
      440 SF

      Sanger Triplex Investment Opportunity

      Fully occupied triplex in Sanger, offering immediate income potential.
      1411 Annadale Avenue, Sanger, CA 93657
      View Details
    • $139,000

      Sanger Land Investment Opportunity

      Residential land for sale in Sanger, California.
      914 L Street, Sanger, CA 93657
      View Details
    • $239,900

      Sanger Land with Approved Plans

      Land in desirable location with approved fourplex plans.
      521 O Street, Sanger, CA 93657
      View Details
    • $199,000

      Land with Canal Frontage

      2.6 acre land parcel with well and power.
      4395 N Zediker Avenue, Sanger, CA 93657
      View Details
    • $600,000

      Rare Rural Land in Sanger, CA

      20 acres of fenced pasture near Fresno and Sanger.
      1000 S Rainbow Route, Sanger, CA 93657
      View Details
    • $129,000

      Vacant Lot with Well

      East-facing 5.13 acre lot with well near Wonder Valley.
      Bellows Dr., Sanger, CA 93657
      View Details
    • $115,000

      Residential Lot in Sanger, CA

      Residential lot with frontage and alley access in Sanger.
      912 L Street, Sanger, CA 93657
      View Details

    FAQs

    What type of property is this?
    Commercial land - Excellent lot with frontage on L St. in Sanger, CA.
    Where is this commercial land located?
    The property is located at 720 L Street Sanger, CA.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: Significant frontage on L. St.; Alley access; Infrastructure in alley
    (559) 875-7521
    We can help!
    Listing Contact
    Dan Cheney
    Dan Cheney
    Real Estate License ID: 00838109
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    720 L Street, Sanger, CA 93657
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!