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Property profile & analytics
OFF-MARKET Estimated value $770,000
Industrial land

733 Hughes Ave Fresno, CA 93706-2315

9,000 SF 8.88 ac lot Built 1955
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US09-1065319
Property summary
AI-generated overview

This exceptional 8.88-acre commercial land parcel presents a significant investment opportunity in Fresno, California. Strategically located at the southeast corner of Hughes and Whitesbridge Avenues, this property enjoys unparalleled access to major transportation arteries, including the 180 Freeway, Chandler Airport, and Highway 99. Currently zoned RS5, the property offers considerable potential for various commercial uses, subject to city approval and potential rezoning. The asking price is $1,554,000, translating to $175,000 per acre. The property's advantageous location, combined with its substantial size, makes it an ideal candidate for a wide range of development projects. Adjacent parcels, APN 464-040-54 and 464-040-55, are also available for purchase. The property's address is 733 S Hughes Ave, Fresno, CA 93706. Interested parties are encouraged to conduct their own due diligence regarding zoning and potential uses with the City of Fresno. This is a rare opportunity to acquire a large, well-situated commercial land parcel in a thriving California market.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 1955
Construction TYPE NOT SPECIFIED
Total area 9,000 SF
Lot 8.88 ac (386,812 SF)
Zoning code RS5
APN 464-040-07
UPID US09-1065319
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
  • Farmer Express Truck Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.02M
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$770k
Owner & transaction history
Mk Family Blessings LLC · 2 yrs held
Mk Family Blessings LLC
since 2024
7 recorded transactions
2024
Price N/A
2017
Price N/A
2013
$200,000
2011
$1.4M
2007
Price N/A
2006
Price N/A
2006
$1.7M
Zoning & alternative use
RS5 · Fresno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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