Property profile

3436 N 1St St Fresno, CA 93726

FOR SALE
Commercial land
Property ID
US09-4523944
3,341 SF 1.36 ac lot Built 1951
Entity Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1.36-acre parcel (59,241 square feet) of land is ideally situated in Central Fresno, California, at 3436 N First Street (APN 437-221-16). Zoned RS-5, this property offers flexible development potential for a variety of uses, including residential and commercial projects. The location boasts high visibility and convenient access to major transportation arteries, including Highway 41, and the Highway 180/168 interchange. Its strategic placement near significant residential developments, a prime shopping center, and major roadways ensures high traffic counts (approximately 78,951 cars per day within a half-mile radius). The property features approximately 145 feet of frontage on North First Street and a depth of 408 feet. All utilities are conveniently located on First Street. This shovel-ready site presents a unique opportunity for developers seeking a high-growth area with strong potential for return on investment. The property is located within a 5-mile radius of approximately 142,554 households. The asking price is $449,000 ($7.58 per square foot), and seller financing may be available. This represents a significant value, considering previous sales in the area. The site's proximity to Fresno, Clovis, Madera, and other surrounding communities further enhances its appeal. The location offers easy access to major destinations, including Kings Canyon National Forest and Yosemite National Park. Potential uses include office buildings, apartment complexes, retail spaces, restaurants, hotels, and more.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1951
Construction WOOD FRAME
Total area 3,341 SF
Lot 1.36 ac (59,241 SF)
Zoning code RS5
APN 437-221-16
UPID US09-4523944

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3436 N 1St St Fresno, CA 93726
Fresno metro Census 5203 FRESNO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2009
7 recorded transactions
2009
Price N/A
2005
Price N/A
2005
$400,000
1994
$602,500
1994
Price N/A
1989
$600,000
1969
Price N/A

Zoning & alternative use

RS5 · Fresno, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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