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Property profile & analytics
FOR SALE
Commercial land

4737 E Florence Ave Fresno, CA 93725

10,490 SF 10 ac lot Built 1959
Trust Owned 16-yr Hold Free & Clear
Property ID
US09-3073047
4737 E Florence Ave, Fresno, CA 93725 For Sale
$1,742,400 10,490 SF
4737 E Florence Ave, Fresno, CA 93725
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Property summary
AI-generated overview

This exceptional 10-acre parcel, located at 4737 E. Florence Ave, Fresno, CA 93725 (APN 480-080-03), presents a unique opportunity for residential development. Previously used as a truck terminal, all existing structures have been removed, and the property will be delivered environmentally clean. Currently zoned RS-5, the City of Fresno is actively processing a zoning change for this area, with projected final approval anticipated. Developers can proactively engage with the city to submit site plans for proposed buildings, contingent upon a written agreement. The City of Fresno has expressed a recognized need for affordable housing in the area, making this land particularly attractive for projects addressing this demand. The 10± acre lot offers significant potential for a substantial residential development. Adjacent land is also available for purchase, providing the possibility of an even larger-scale project. This prime location in Fresno County offers developers a chance to capitalize on the city's commitment to expanding residential options. The property's clean slate and the city's proactive approach to zoning make this a compelling investment opportunity. The asking price for this remarkable property is $1,742,400.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1959
Construction TYPE NOT SPECIFIED
Total area 10,490 SF
Lot 10 ac (435,600 SF)
Zoning code RS5
APN 480-080-03
UPID US09-3073047
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bajo Trucking Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.09M
Blend (final) Blend
$1.03M
Owner & transaction history
Ganduglia Family Trust · 16 yrs held
Ganduglia Family Trust
since 2009
1 recorded transaction
2009
Price N/A
Zoning & alternative use
RS5 · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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