41605 Sutter Ave Coalinga, CA 93210
- Golf courses & driving ranges
- 2,020 SF
- 77.60 lot acres
Current Use by Public Records
- Golf courses & driving ranges
Property Details for 41605 Sutter Ave
- Year built
- 1930
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 77.60 lot acres
- Property size
- 2,020 SF
- Zone code
- RC1
- Property type
- Golf courses & driving ranges
- APN
- 085-030-54S
- APU
- 08503054S
Description
This exceptional 776-acre (3,380,256 sq ft) property in Coalinga, California, presents a unique investment opportunity. Located at 41605 Sutter Avenue, Fresno County, CA 93210 (APN: 085-030-54S), this land is zoned RC1 and offers significant potential for various developments. Previously the site of the Polvadero Country Club/Golf Course, all utilities are conveniently located on-site. The property boasts a level terrain and has undergone some prior development work. Studies indicate ample space for 388+ single-family residential homes on lots ranging from 5,000 to 10,000 square feet, catering to the demand for larger lots in the area. Prior approvals also existed for a development featuring half-acre homes and a 9-hole golf course with 106 premium lots. Currently, a modular home on the property generates $15,600 annual rent from a long-term farming tenant (paid one year in advance). The property enjoys excellent access and exposure in a high-traffic, developing area, with convenient access to US Freeway 99. Its strategic location near major corridors servicing the college, airport, downtown, and schools, coupled with the proximity to regional government employers and a strong concentration of high-income jobs, makes it highly attractive. The site's dimensions are approximately 3,325 feet of frontage on Sutter Avenue and 1,016 feet deep. This free and clear parcel is ready for immediate development, offering a blank canvas for flexible concepts.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,640,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,420,000
- 6.5%
- $1,630,000
- 7%
- $1,400,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,510,000
- Geo Method
- $1,540,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,385,000
- Retail
- $1,435,000
- Mixed-Use
- $1,715,000
- Hospitality
- $1,650,000
- Educational
- $1,405,000
- Residential Income
- $1,510,000
- Energy
- $1,290,000
- Income-Based Land
- $1,715,000
- Food Service
- $1,375,000
Location Insight
- Map
- Local Demand
- City
- Coalinga
- County
- Fresno
- State
- California
- Longitude
- -120.203
- Latitude
- 36.1269
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA
