For Sale
Property summary
This exceptional 21.49-acre parcel, part of a larger 38.33-acre mixed-use development, presents a unique investment opportunity in Fresno, CA. Strategically located at the first commercially-zoned parcel west of the new Veterans Boulevard overpass, this high-visibility site boasts unparalleled access to Highway 99, experiencing approximately 258,607 cars daily. The property benefits from its proximity to significant residential developments, a recently opened Target-anchored power center, and the future Veterans Boulevard extension. With flexible Corridor/Center Mixed Use (CMX+RM-1/UGM) zoning, the land is ideal for a variety of commercial uses, including retail, restaurants, hotels, and more. The site features easy access to upgraded Highway 99 on/off ramps, providing convenient access to Fresno, Clovis, Madera, and surrounding areas. All utilities are available on-site. This shovel-ready location offers unmatched consumer traffic and high-volume exposure, making it an exceptional investment for developers seeking a prime location in a rapidly growing area. The property is easily divisible into smaller parcels, offering flexibility for various development scenarios. The substantial investment in new road infrastructure by Caltrans and the City of Fresno further enhances the property's value and potential. This is a rare opportunity to acquire a premier commercial site in a thriving market. The asking price is $10,000,000. APN: 505-060-08.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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