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    Parkway Dr Fresno, CA 93722

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    36.75 Acres, Fresno, CA - Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 36.75-acre parcel presents a unique investment opportunity in Fresno, California. Strategically located at the intersection of West Ashlan Avenue and North Parkway Drive, the property boasts a prime location with significant development potential. The land is zoned for a mix of commercial and residential uses, offering flexibility for a variety of projects. Specifically, 15.73 acres are zoned CC, and 21.02 acres are zoned RM-1, allowing for diverse development options. This expansive site provides ample space for a large-scale development, potentially including residential housing, commercial buildings, or a mixed-use development combining both. The property's location in Fresno County, with a 93722 zip code, offers easy access to major transportation routes and established infrastructure. Given its size and zoning, this land is ideal for developers seeking a substantial project in a thriving California market. The coordinates are 36.7935562 latitude and -119.8669505 longitude. This is a rare opportunity to acquire a significant land holding in a desirable location with considerable upside potential. Serious inquiries are encouraged. The property is being offered for sale.

    Property Features for 0 Parkway Dr

    General Information

    Property type
    Land
    Lot Size
    1,600,830 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.8669505
    Latitude
    36.7935562

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    FAQs

    What type of property is this?
    Land - 36.75 Acres, Fresno, CA - Mixed-Use Potential
    Where is this land located?
    The property is located at Parkway Dr Fresno, CA.
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    Parkway Dr Fresno, CA 93722
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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
    Parkway Dr Fresno, CA 93722
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