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    2948 Tulare Ave Fresno, CA 93721

    Sponsored
    For Sale
    $330,000

    0.54 Acres, High Visibility, Mixed-Use Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.54-acre commercial vacant land parcel presents a compelling investment opportunity in Fresno, California. Strategically located at 2948 E Tulare Ave, 93721, this highly visible property boasts prime frontage on Tulare Avenue, directly off Highway 41. The property is zoned NMX (Neighborhood Mixed-Use), offering diverse development potential. Permitted uses under this zoning include a range of commercial ventures, such as independent retail shops, professional offices, and multi-story residential buildings (two to three stories). The location offers significant advantages, including proximity to downtown Fresno, easy freeway access, and the Community Regional Medical Center, ensuring high traffic volume and excellent visibility. The asking price has been reduced, making this an even more attractive proposition for developers seeking a high-impact location with substantial growth potential. The APN numbers are 468-390-55S & 468-390-63. This site's versatility makes it suitable for a variety of projects, including, but not limited to, medical office space integrated with mixed-use components. Don't miss this chance to acquire a premier commercial lot in a thriving Fresno location.

    Property Features for 2948 Tulare Ave

    General Information

    Property type
    Land
    Lot Size
    23,522 SF

    HighLights

    • Price reduction on a 0.54‑acre commercial vacant land parcel in Fresno, CA.
    • High visibility location at 2948 E Tulare Ave, with frontage on Tulare Ave and easy Highway 41 access.
    • NMX (Neighborhood Mixed‑Use) zoning allows for diverse development, including retail, offices, and 2‑3 story residential.
    • Excellent location near downtown Fresno, Highway 41, and Community Regional Medical Center, ensuring high traffic.
    • Ideal for mixed‑use development, potentially including medical office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Florine R. Palmer ... Doctor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.7755997424
    Latitude
    36.743058968167

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    FAQs

    What type of property is this?
    Land - 0.54 Acres, High Visibility, Mixed-Use Zoning
    Where is this land located?
    The property is located at 2948 Tulare Ave Fresno, CA.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: Price reduction on a 0.54-acre commercial vacant land parcel in Fresno, CA.; High visibility location at 2948 E Tulare Ave, with frontage on Tulare Ave and easy Highway 41 access.; NMX (Neighborhood Mixed-Use) zoning allows for diverse development, including retail, offices, and 2-3 story residential.
    (559) 432-6200
    Request Owner's contact information
    2948 Tulare Ave Fresno, CA 93721
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    Fresno, CA 93721
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    Realmo Value Estimation

    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.

    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.

    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
    2948 Tulare Ave Fresno, CA 93721
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