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Property profile & analytics
FOR SALE
Commercial land

668 Fresno St Parlier, CA 93648

7,100 SF 0.17 ac lot Built 1919
Individually Owned 13-yr Hold Free & Clear
Property ID
US09-2892157
Property summary
AI-generated overview

This 0.172-acre commercial land parcel in Parlier, CA, presents a unique investment opportunity. Located at 668 Fresno St, the property boasts an existing concrete pad, complete utilities (curb, gutter, and sidewalk), and excellent visibility. Its prime location in the heart of downtown Parlier, near Highway 99, places it within easy reach of major thoroughfares and a high volume of daily traffic (23,897 on Manning Ave and 5,413 on Mendocino Ave). The property is situated near established businesses such as Starbucks, Dollar General, Burger King, AutoZone, and RN Market, ensuring high consumer traffic and exposure. Further enhancing its appeal is its proximity to City Heritage Park, a 3.25-acre community park featuring recreational amenities. The property's zero-lot-line former building allowed for efficient use of space, and the rear alley access provides convenient delivery and additional parking options. This highly visible and walkable location offers unmatched potential for various commercial ventures. The property is zoned CG General Commercial and has APN 355-082-03. The asking price is $180,000. This is an exceptional opportunity to acquire a well-situated commercial lot in a thriving community.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1919
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,100 SF
Lot 0.17 ac (7,500 SF)
Zoning code C2
APN 355-082-03
UPID US09-2892157
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$664k
Blend (final) Blend
$675k
Owner & transaction history
Miguel A Guzman · 13 yrs held
Miguel A Guzman
since 2013
3 recorded transactions
2013
Price N/A
1990
$57,000
1982
$25,000
Zoning & alternative use
C2 · Parlier, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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