0 Victoria Ln Oakhurst, CA 93644
This exceptional 16.8-acre parcel in Oakhurst, CA (APN: 064-080-073; 064-080-087), offers a unique opportunity for high-density residential development. Zoned PDD (Planned Development), this property boasts a desirable location, conveniently situated near restaurants, shopping, and healthcare facilities. Previously approved for a 75-unit senior living community (approvals expired, requiring approximately 5 months for renewal; site work commencing approximately 7 months thereafter), 80% complete architectural and engineering plans are available. The site features four-street frontage (Highway 41, Victoria Lane, North Slope, and Foothill Drive), although sidewalks, curbs, and gutters are absent and not planned for the subdivision. Utilities are readily available, including electricity, high-speed internet, a well connected to the water district's system, and a private sewer main (requiring lateral connections for district dedication). A nearby propane tank farm offers a pipeline connection to the site. The property's proximity to Highway 41 and Oakhurst's central business district (0.5 miles) makes it highly attractive. This presents a compelling investment opportunity in a thriving community near Yosemite National Park, Bass Lake, and Fresno. The property is less than 40 miles from Fresno, a metropolitan area with over 940,000 residents. The asking price is $3,999,000.
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.