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Property profile & analytics
OFF-MARKET
Land

0 Riverside Dr & Veterans Blvd Fresno, CA 93722

Property ID
Property summary
AI-generated overview

This exceptional commercial land parcel is ideally situated at the signalized intersection of Riverside Drive and Veterans Boulevard in Fresno, California (zip code 93722). Its strategic location benefits from the newly constructed Veterans Boulevard, a key thoroughfare connecting Herndon Avenue to a new Highway 99 overcrossing and interchange. This significantly improves access to the southwest side of Freeway 99, fostering increased business and residential development. The property enjoys exceptional visibility and accessibility, being proximate to the Marketplace at El Paseo Shopping Center, a major retail hub featuring big-box stores, restaurants, cinemas, and various services. This super-regional center is easily accessible from Freeway 99, ensuring high traffic volume. Further enhancing the area's appeal is the planned construction of a new Costco center at the intersection of Herndon Avenue and Riverside Drive, directly across from the Marketplace at El Paseo, promising even greater traffic flow and consumer activity. This presents a unique opportunity for developers seeking a high-traffic, high-visibility location with significant growth potential in a thriving commercial area of Fresno. The property's location offers unparalleled exposure and access to a substantial consumer base, making it an attractive investment for a variety of commercial ventures.

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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