2948 Tulare Ave Fresno, CA 93721
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.
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Florine R. Palmer MD Physician
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.