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Property profile & analytics
OFF-MARKET
Land

2948 Tulare Ave Fresno, CA 93721

0.54 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.54-acre commercial vacant land parcel presents a compelling investment opportunity in Fresno, California. Strategically located at 2948 E Tulare Ave, 93721, this highly visible property boasts prime frontage on Tulare Avenue, directly off Highway 41. The property is zoned NMX (Neighborhood Mixed-Use), offering diverse development potential. Permitted uses under this zoning include a range of commercial ventures, such as independent retail shops, professional offices, and multi-story residential buildings (two to three stories). The location offers significant advantages, including proximity to downtown Fresno, easy freeway access, and the Community Regional Medical Center, ensuring high traffic volume and excellent visibility. The asking price has been reduced, making this an even more attractive proposition for developers seeking a high-impact location with substantial growth potential. The APN numbers are 468-390-55S & 468-390-63. This site's versatility makes it suitable for a variety of projects, including, but not limited to, medical office space integrated with mixed-use components. Don't miss this chance to acquire a premier commercial lot in a thriving Fresno location.

Property profile
Verified
Property type Land
Lot 0.54 ac (23,522 SF)
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
Current use
Occupant on record · Public records
  • Florine R. Palmer MD Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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