2342 Fowler Ave Fresno, CA 93727
This exceptional 3.6-acre parcel, located at 2342 N. Fowler Ave in Fresno, California, presents a prime opportunity for residential development. Zoned RS-5, allowing for medium-density residential construction (5-12 dwelling units per acre), this property offers significant potential for single-family homes or multifamily projects. The land is conveniently situated within the city limits of Fresno and falls within the highly regarded Clovis Unified School District, with the new Hirayama Elementary School located nearby. The property's APN is 574-050-16. Its location at the intersection of Fowler and Clinton Avenues provides excellent access to major roadways and amenities. This is an exceptional opportunity to acquire a substantial tract of land in a desirable area with strong potential for significant returns. The asking price for this remarkable development opportunity is $1,300,000. The property's zoning allows for flexibility in development plans, catering to a variety of residential project types. This prime location and favorable zoning make this a highly attractive investment.
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.