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    1824 Olive Ave Fresno, CA 93728

    Sponsored
    For Sale
    $1,000,000

    High-traffic 1.26-acre lot, ideal for retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 1.26-acre commercial land parcel, located at 1824 W Olive Ave in Fresno, California (zip code 93728), presents a unique investment opportunity. Situated at the intersection of Highway 99 and Olive Avenue, this property boasts unparalleled visibility and accessibility. The lot is zoned NMX, making it suitable for a variety of commercial uses. With a high volume of daily traffic—131,000 vehicles per day on Highway 99 and nearly 9,000 on Olive Avenue—this location guarantees significant exposure for any business. The property's adjacency to established national fast-food chains further enhances its appeal and potential for success. Ideal uses include quick-service restaurants, gas stations, convenience stores, or even mixed-use developments incorporating apartments or office space. The asking price is $1,000,000. The Assessor's Parcel Number (APN) is 449-231-27. Don't miss this chance to acquire a prime commercial property in a thriving Fresno location. This is a rare opportunity to capitalize on a high-traffic area with excellent visibility and established neighboring businesses.

    Property Features for 1824 Olive Ave

    General Information

    Property type
    Land
    Lot Size
    54,886 SF

    HighLights

    • Excellent location near other national fast‑food restaurants.
    • High‑traffic area ideal for quick‑service restaurant, gas station, convenience store, or mixed‑use development (apartments/offices).
    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
    -119.832904
    Latitude
    36.757876

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    FAQs

    What type of property is this?
    Land - High-traffic 1.26-acre lot, ideal for retail.
    Where is this land located?
    The property is located at 1824 Olive Ave Fresno, CA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Excellent location near other national fast-food restaurants.; High-traffic area ideal for quick-service restaurant, gas station, convenience store, or mixed-use development (apartments/offices).;
    (559) 905-5228
    Request Owner's contact information
    1824 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
    1824 Olive Ave Fresno, CA 93728
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