2580 Elm Ave Fresno, CA 93706
This ±1.29-acre vacant commercial land parcel (Parcel D), located at 2580 South Elm Avenue in Fresno, CA, presents a compelling development opportunity. Zoned RM1, this 56,055 square foot lot (APN 479-020-35) is lender-owned and offered at $425,000. Its strategic location offers exceptional access to major transportation arteries, being approximately 0.35 miles from Freeway 41 ramps and 1 mile from Freeway 99 ramps. The property benefits from its adjacency to a newly constructed O'Reilly Auto Parts, operating under a 15-year lease commencing February 1, 2025, creating a synergistic retail environment. This prime location is also in close proximity to other established national retailers, including Valero and Family Dollar, further enhancing its development potential. The property's size and location make it ideal for a variety of commercial uses, capitalizing on the high traffic volume and established retail presence in the immediate vicinity. This is a rare opportunity to acquire a significant commercial land parcel in a thriving Fresno market. The property is situated in Fresno County, California, with a 93706 zip code.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.