1824 Olive AveFresno, CA 93728

  • Land
  • 1.26 AC
For Sale
$1,000,000 View listing

Property Details for 1824 Olive Ave

Lot size
1.26 AC
Zone code
NMX
Property type
Land
Property subtype
Commercial land
APN
449-231-27
APU
44923127

Description

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.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,757,917
    Hospitality
    $9,854,194
    Educational
    $8,198,574
    Medical
    $8,480,535
    Retail
    $12,753,337
1824 Olive Ave, Fresno, California
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Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.7579
Longitude
-119.833
CBSA code
23420
CBSA name
FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,816
$388,233
-
$388,233
-
-
-
-

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