$855,000
$874,955
2.3%For more information regarding the value of a property, please contact us for a free consultation.
4.8 Acres Lot
SOLD DATE : 04/15/2022
Key Details
Sold Price $855,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID FR22044101
Sold Date 04/15/22
HOA Y/N No
Lot Size 4.800 Acres
Property Description
There are few available multifamily parcels of vacant land in Fresno. This is one of those few. Zoned RM-1, medium density, 12-16 units per acre. This parcel is perfectly situated near freeway access & transportation. With the completion of Veteran's Blvd this area will become much more desirable with easier access to Northwest Fresno's dining, shopping, & entertainment options.With rents continuing to climb, apartment complexes are hard to come by, and those available sell at historical highs. This is the perfect opportunity develop a new apartment complex.
Location
State CA
County Fresno
Area Fsno - Fresno
Zoning RM-1
Interior
Fireplace No
Exterior
Community Features Street Lights, Urban, Park
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre, Level, Near Park, Near Public Transit, Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 51125002
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Trust
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Bought with NONE NONE • None MRML
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