174 Sunset Ave Reedley, CA 93654
This exceptional 2.65-acre parcel in Reedley, California, presents a prime development opportunity for a multifamily residential project. Located in Fresno County, with APN 370-131-29, the property boasts an ideal location directly across from C.F. Mueller Park and near General Grant Middle School, offering future residents convenient access to recreation, education, and local amenities. Zoned RM-2, this land is permitted for high-density residential use, with an estimated potential to accommodate 40-60 apartment units (15-19 units per acre). The asking price is $1,199,999. The property is being sold as-is, and the buyer is responsible for verifying all information, including zoning regulations, property lines, and development potential. While the address listed is 174 N Sunset Ave, Reedley, CA 93654, it's an estimate as the property hasn't been formally addressed. This vacant land represents a rare chance to build in one of Reedley's most desirable areas. The investment type is classified as Value-Add. This is a truly exceptional opportunity for developers seeking a high-return investment in a thriving community. Don't miss this chance to acquire this exceptional development site.
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
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.