0 Riverside Dr & Veterans Blvd Fresno, CA 93722
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.
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.