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    4737 Florence Ave Fresno, CA 93725

    Sponsored
    For Sale
    $1,742,400

    10 Acres, Fresno, CA - Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10-acre parcel, located at 4737 E. Florence Ave, Fresno, CA 93725 (APN 480-080-03), presents a unique opportunity for residential development. Previously used as a truck terminal, all existing structures have been removed, and the property will be delivered environmentally clean. Currently zoned RS-5, the City of Fresno is actively processing a zoning change for this area, with projected final approval anticipated. Developers can proactively engage with the city to submit site plans for proposed buildings, contingent upon a written agreement. The City of Fresno has expressed a recognized need for affordable housing in the area, making this land particularly attractive for projects addressing this demand. The 10± acre lot offers significant potential for a substantial residential development. Adjacent land is also available for purchase, providing the possibility of an even larger-scale project. This prime location in Fresno County offers developers a chance to capitalize on the city's commitment to expanding residential options. The property's clean slate and the city's proactive approach to zoning make this a compelling investment opportunity. The asking price for this remarkable property is $1,742,400.

    Property Features for 4737 Florence Ave

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • Adjacent land available for purchase.
    • Confidential development opportunities available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bajo Trucking Trucking Company

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.739584
    Latitude
    36.7194399

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    FAQs

    What type of property is this?
    Land - 10 Acres, Fresno, CA - Development Ready
    Where is this land located?
    The property is located at 4737 Florence Ave Fresno, CA.
    What is the asking price?
    The asking price for this property is $1,742,400.
    What are key features of this property?
    This property features: Adjacent land available for purchase.; Confidential development opportunities available upon request.;
    (559) 447-6295
    Request Owner's contact information
    4737 Florence Ave Fresno, CA 93725
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    Fresno, CA 93725
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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
    4737 Florence Ave Fresno, CA 93725
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