Property summary
This exceptional 1.36-acre parcel (59,241 square feet) of land is ideally situated in Central Fresno, California, at 3436 N First Street (APN 437-221-16). Zoned RS-5, this property offers flexible development potential for a variety of uses, including residential and commercial projects. The location boasts high visibility and convenient access to major transportation arteries, including Highway 41, and the Highway 180/168 interchange. Its strategic placement near significant residential developments, a prime shopping center, and major roadways ensures high traffic counts (approximately 78,951 cars per day within a half-mile radius). The property features approximately 145 feet of frontage on North First Street and a depth of 408 feet. All utilities are conveniently located on First Street. This shovel-ready site presents a unique opportunity for developers seeking a high-growth area with strong potential for return on investment. The property is located within a 5-mile radius of approximately 142,554 households. The asking price is $449,000 ($7.58 per square foot), and seller financing may be available. This represents a significant value, considering previous sales in the area. The site's proximity to Fresno, Clovis, Madera, and other surrounding communities further enhances its appeal. The location offers easy access to major destinations, including Kings Canyon National Forest and Yosemite National Park. Potential uses include office buildings, apartment complexes, retail spaces, restaurants, hotels, and more.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RS5 · Fresno, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for RS5 in Fresno, CA.
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