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    Sec Herndon Ave & Fresno St Fresno, CA 93710

    Sponsored
    For Sale
    Contact for pricing

    High-traffic corner lots, ideal for development.

    Property size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional development opportunity presents prime commercial land situated at the southeast corner of Herndon Avenue and Fresno Street in Fresno, California, zip code 93710. The property encompasses a substantial area ranging from 20,000 to 106,879 square feet, offering ample space for a variety of commercial uses. Its strategic location within a major professional and medical office corridor ensures high visibility and accessibility. The site benefits from a large daytime workforce, proximity to two major hospitals, and is anchored by two hotels and a CVS pharmacy, guaranteeing a robust customer base. Convenient access to Freeway 41 and its position on the Herndon Avenue Expressway further enhance its appeal. The property's proximity to the desirable Riverpark and Woodward Park areas adds to its desirability. This versatile land parcel is perfectly suited for a diverse range of commercial ventures, including retail, office, medical facilities, restaurants, and service businesses. The high-traffic location and established infrastructure make this an exceptional investment opportunity for developers seeking a prominent presence in a thriving Fresno market.

    Property Features for 0 Sec Herndon Ave & Fresno St

    General Information

    Property type
    Land
    Square Feet
    20,000 SF

    HighLights

    • High‑traffic corner lot with ample street frontage.
    • Prime location within a major professional and medical office corridor.
    • Strong daytime population due to significant employment density.
    • Proximity to two major hospitals.
    • Anchored by two hotels and a CVS Pharmacy.
    • Convenient access to Highway 41.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fresno
    County
    Fresno
    State
    California
    Longitude
    -119.7599761
    Latitude
    36.8179331

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    FAQs

    What type of property is this?
    Land - High-traffic corner lots, ideal for development.
    Where is this land located?
    The property is located at Sec Herndon Ave & Fresno St Fresno, CA.
    What are key features of this property?
    This property features: High-traffic corner lot with ample street frontage.; Prime location within a major professional and medical office corridor.; Strong daytime population due to significant employment density.
    (559) 256-2448
    Request Owner's contact information
    Sec Herndon Ave & Fresno St Fresno, CA 93710
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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
    Sec Herndon Ave & Fresno St Fresno, CA 93710
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