0 Nec Dakota And Cornelia Avenues Fresno, CA 93722
This exceptional 12.34-acre parcel, located at the northeast corner of Dakota and Cornelia Avenues in Fresno, California (APN 511-214-12), presents a unique opportunity for residential development. Zoned for medium-low density residential construction, this shovel-ready site boasts complete building plans and recorded maps, eliminating significant pre-development hurdles. All utilities—power, city water, and sewer—are conveniently stubbed to the property. The lot size is ideal, with individual lots ranging from 5,000 to 6,000 square feet, all at least 50 feet wide. The property enjoys excellent access and road capacity, avoiding traffic congestion. Its strategic location offers convenient access to major freeways (US 99, 180, and 41), proximity to regional retail developments, and is situated near existing and planned new residential developments and schools. The area demonstrates strong growth, with an estimated 70,736 households within a 5-mile radius and an estimated daily traffic volume of approximately 30,739 cars. This property is situated near major corridors servicing the college, airport, downtown, and schools. Seller financing is available. The asking price is $1,172,300. An additional ±18.93-acre parcel is also available nearby.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.