0 Fresno Ave Shafter, CA 93263
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.
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
Similar Nearby for Lease
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.