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    480 Lakeview Dr Fresno, CA 93730

    For Sale
    $2,774,950

    2.5-Acre Fresno Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.5-acre commercial land parcel, located at 480 E Lakeview Dr, Fresno, CA 93730, presents a prime development opportunity. Situated on bustling Friant Road, this property boasts excellent visibility and accessibility, offering significant potential for various commercial ventures. The land is zoned CC (Community Commercial) and O (Office), providing flexibility for a range of development plans, including retail, office spaces, medical facilities, or mixed-use projects. The property's location within Fresno County's desirable Woodward Lake community provides a scenic backdrop and proximity to affluent residential areas, ensuring a strong customer base. The asking price is $2,774,950. Two adjacent 1.25-acre parcels are also available for purchase, creating the possibility of a larger, cohesive development. This strategic location near major traffic routes and recreational areas offers a compelling investment opportunity in one of Fresno's most sought-after commercial corridors. The APN is 576-180-02S, 576-180-03S. This is a truly unique chance to capitalize on the thriving Fresno market. Don't miss this chance to secure a prominent position in a high-growth area.

    Property Features for 480 Lakeview Dr

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • Excellent location near affluent neighborhoods, recreational amenities, and major thoroughfares, ideal for retail, office, medical, or mixed‑use development.
    • Prime investment opportunity in a highly desirable Fresno commercial corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -119.77737685631
    Latitude
    36.884399434162

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    FAQs

    What type of property is this?
    Land - 2.5-Acre Fresno Commercial Lot
    Where is this land located?
    The property is located at 480 Lakeview Dr Fresno, CA.
    What is the asking price?
    The asking price for this property is $2,774,950.
    What are key features of this property?
    This property features: Excellent location near affluent neighborhoods, recreational amenities, and major thoroughfares, ideal for retail, office, medical, or mixed-use development.; Prime investment opportunity in a highly desirable Fresno commercial corridor.;
    (559) 905-5228
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    480 Lakeview Dr Fresno, CA 93730
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    Fresno, CA 93730
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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
    480 Lakeview Dr Fresno, CA 93730
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