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    3257 Shields Ave Fresno, CA 93722

    Sponsored
    For Sale
    Contact for pricing

    152-unit development ready, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 10-acre parcel presents a remarkable investment opportunity in Fresno, California, at the high-traffic intersection of West Shields Avenue and North Valentine Avenue. The property is zoned for multifamily development and is fully entitled for a 152-unit project, ready for immediate construction. Its strategic location offers unparalleled accessibility and visibility, boasting convenient proximity to Highway 99, ensuring seamless connectivity to major transportation routes and the broader Central Valley region. Situated within a rapidly growing area of Fresno, this land benefits from its location near established neighborhoods, schools, and essential amenities. The high traffic volume and visibility of this location are ideal for a multifamily development, promising strong occupancy rates. Fresno's continuous growth and development trajectory further enhance the property's significant long-term value and potential return on investment. This 10-acre site (APN 442-040-02) provides a unique canvas for a developer seeking to capitalize on the thriving Fresno market. The property's potential for a substantial multifamily development makes it an exceptional opportunity for investors seeking significant returns. Don't miss this chance to acquire a prime piece of real estate in one of Fresno's most promising areas.

    Property Features for 3257 Shields Ave

    General Information

    Property type
    Multifamily properties
    Lot Size
    435,600 SF

    HighLights

    • Strong Investment Opportunity
    • Desirable, Expanding Market
    • Excellent Visibility & High Traffic
    Property Profile Location Intelligence

    Current Use by Public Records

    Fresno EOC WIC Non-Profit Organization

    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
    -119.851107
    Latitude
    36.7781949

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    FAQs

    What type of property is this?
    Multifamily property - 152-unit development ready, prime location.
    Where is this multifamily property located?
    The property is located at 3257 Shields Ave Fresno, CA.
    What are key features of this property?
    This property features: Strong Investment Opportunity; Desirable, Expanding Market; Excellent Visibility & High Traffic
    Request Owner's contact information
    3257 Shields Ave Fresno, CA 93722
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    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
    3257 Shields Ave Fresno, CA 93722
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