Property profile

0 Fresno Ave Shafter, CA 93263

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 78.66-acre parcel in Shafter, California (APN 089-090-33) presents a remarkable opportunity for residential development. Located in Kern County, at Fresno Ave, 93263, this prime land boasts significant potential for creating a thriving community. With projections for up to 197 individual lots, the property offers ample space for a diverse range of housing styles and sizes, catering to a broad spectrum of homebuyers. The area's rapid growth and high demand for housing ensure a strong return on investment. The property's convenient location provides easy access to local amenities, including shopping, schools, parks, and recreational facilities. This expansive acreage allows for creative design and customization, enabling the development of a truly exceptional and desirable neighborhood. The asking price for this remarkable property is $4,500,000. This is a rare chance to acquire a large-scale development site in a flourishing California market.

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

Location

Fresno Ave Shafter, CA 93263
Shafter metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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