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Property profile & analytics
OFF-MARKET
Land

2427 Stanislaus St Fresno, CA 93721

Property ID
Property summary
AI-generated overview

This exceptional 15,000 square foot commercial and residential lot is located at 2427 Stanislaus St, Fresno, CA 93721. Priced at $275,000, this vacant corner parcel presents a unique opportunity for investors and developers. The property boasts existing utilities and sidewalks, significantly reducing development costs. Situated in a designated inner-city area, it benefits from a 50% reduction in City of Fresno planning and development fees. Furthermore, its location within an Opportunity Zone unlocks additional investment incentives. Zoned DTN, Activity Class C, this lot allows for a wide range of uses, including high-density development with the potential for structures up to 15 stories high. Parking requirements are minimal, with no requirements for non-residential uses and reduced requirements for residential projects. The property's proximity to Community Regional Medical Center, the courthouse, law firms, and various other amenities makes it highly attractive. The surrounding area is undergoing significant redevelopment, presenting a compelling investment opportunity in a thriving downtown location. The APN is 466-074-06. Seller financing is available.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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