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    1800 Olive Ave Fresno, CA 93728

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    For Sale
    Contact for pricing

    ±1.27 Acres, NMX Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.27-acre commercial land parcel presents a prime opportunity for development in Fresno, California. Strategically located at the intersection of Highway 99 and West Olive Avenue, this property boasts unparalleled visibility and accessibility. The site is zoned NMX (Neighborhood Mixed Use), allowing for a variety of commercial uses, making it ideal for a range of businesses. Preliminary plans suggest the site is suitable for two quick-service restaurants, but other retail ventures are also feasible. The property's location benefits from exceptionally high traffic counts, with Highway 99 seeing 131,000 vehicles per day and Olive Avenue recording 8,993 vehicles per day. This high traffic volume ensures significant exposure for any business established on this site. The property's Assessed Parcel Number (APN) is 449-231-27. Situated in Fresno County, the largest city in the county, this location offers a strong foundation for success. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving area with excellent growth potential. The property's address is 1800 W Olive Ave, Fresno, CA 93728.

    Property Features for 1800 Olive Ave

    General Information

    Property type
    Land
    Lot Size
    55,321 SF

    HighLights

    • 1.27‑acre commercial land parcel in Fresno, CA.
    • High‑visibility location at Highway 99 and West Olive Ave intersection.
    • NMX zoning allows for diverse commercial uses, including quick‑service restaurants.
    • High traffic counts: 131,000 vehicles/day on Highway 99 and 8,993 vehicles/day on Olive Ave.
    • APN: 449‑231‑27; Address: 1800 W Olive Ave, Fresno, CA 93728.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.8325783
    Latitude
    36.757953

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    FAQs

    What type of property is this?
    Land - ±1.27 Acres, NMX Zoning, High Traffic
    Where is this land located?
    The property is located at 1800 Olive Ave Fresno, CA.
    What are key features of this property?
    This property features: 1.27-acre commercial land parcel in Fresno, CA.; High-visibility location at Highway 99 and West Olive Ave intersection.; NMX zoning allows for diverse commercial uses, including quick-service restaurants.
    (559) 433-3541
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    1800 Olive Ave Fresno, CA 93728
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    Fresno, CA 93728
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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
    1800 Olive Ave Fresno, CA 93728
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