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    3 Hwy Big Creek, CA 93605

    For Sale
    $4,900,000

    Massive Development Opportunity: 700 Acres in Big Creek, CA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 700-acre commercial land parcel presents a significant investment opportunity in Big Creek, California. Located at 3 Hwy 41, this property boasts prime positioning, offering frontage on both Highway 41 and County Road 208. Currently comprised of seven legal parcels, the land is zoned to allow for the creation of up to 40 individual parcels, making it ideal for a variety of development projects. Many potential building sites offer stunning hilltop views. The property's substantial size, coupled with its strategic location, makes it exceptionally well-suited for large-scale residential or commercial development. The current assessed lot size is approximately 30,492,000 square feet (per tax records). Currently under the Williamson Act, the property benefits from significantly reduced property taxes. The asking price is $4,900,000, translating to $7,000 per acre. Owner financing is available, making this an attractive proposition for investors seeking a substantial land holding with significant development potential. The Assessor's Parcel Number (APN) is 051151003. This property is situated in Fresno County, CA, zip code 93605.

    Property Features for 3 Hwy

    General Information

    Property type
    Land
    Lot Size
    30,492,000 SF

    HighLights

    • 605 square feet of rentable space.
    • 30,492,000 square foot lot (per tax records).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Big Creek
    County
    Fresno
    State
    California
    Longitude
    -119.2437011
    Latitude
    37.1890642

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    FAQs

    What type of property is this?
    Land - Massive Development Opportunity: 700 Acres in Big Creek, CA
    Where is this land located?
    The property is located at 3 Hwy Big Creek, CA.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: 605 square feet of rentable space.; 30,492,000 square foot lot (per tax records).;
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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
    3 Hwy Big Creek, CA 93605
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