4737 Florence Ave Fresno, CA 93725
- Commercial land
- 10,490 SF
- 10.00 lot acres
Current Use by Public Records
- Bajo Trucking / Trucking Company
Property Details for 4737 Florence Ave
- Year built
- 1959
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 10.00 lot acres
- Property size
- 10,490 SF
- Zone code
- RS5
- Property type
- Commercial land
- APN
- 480-080-03
- APU
- 48008003
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.739
- Latitude
- 36.7196
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA
