0 Cor Of Frankwood Ave Ave Reedley, CA 93654
This exceptional investment opportunity presents a prime 4.19-acre parcel ideally situated at the southwest corner of Frankwood Avenue and East South Avenue in Reedley, California (zip code 93654). The property, designated as Parcel 4 within the Frankwood Commons development, is zoned CN - Neighborhood Commercial and offers a substantial buildable area ranging from 37,461 to 52,272 square feet, perfect for a gas station and convenience store development. The asking price is $1,299,050, translating to approximately $25 per square foot. The site boasts finished graded lots, complete with interior drives, perimeter curbs, gutters, sidewalks, and landscaping, all meeting City of Reedley requirements. All wet and dry utilities are conveniently stubbed to within five feet of the property boundary line along East South Street. This location benefits from excellent visibility and accessibility, placing it near numerous amenities and within a thriving commercial area in the north side of Reedley. The Fresno County Assessor's Parcel Number (APN) is 363-220-01. This is a rare chance to acquire a well-positioned, ready-to-develop gas station pad in a high-growth area. The property's size and zoning make it an attractive investment for developers and entrepreneurs seeking a strong return.
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
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.