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3048 W Olive Ave
Fresno, CA 93722
Land For Sale · 2.96 AC

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INVESTMENT HIGHLIGHTS

  • ±2.96 Acres of Vacant Land Zoned Commercial
  • Prime Land w/ Olive Avenue Access
  • Unmatched Level of Consumer Traffic & High Volume Exposure
  • High Identity Location | Shovel Ready | Square Parcel
  • 424' Olive Street Frontage + N Marks Ave Visibility
  • Optimal Visibility: Olive: 14,486/Day; Marks: 7,732/Day

EXECUTIVE SUMMARY

±2.96 Acres of Vacant Land Zoned Commercial. Prime Development land located near significant residential offering a great location for office, retail, or apartment development. Highly visible location with easy nearby Highway Exit and Entrance off Olive Ave. Quick access to CA-99, which allows for convenient access to all the major Cities in the area absorbing from Selma, Clovis, Madera, Fowler, Kerman, and more. The zoning is flexible and allows for a variety of commercial uses. Existing ramps dispense traffic near the subject property. Strategically positioned at Olive and Marks Ave, which carry approximately ±38,210 cars per day in the area; Marks Ave: ±7,732 northbound and ±6,108 southbound; Olive Ave: ±14,486 westbound and ±10.584 eastbound. All wet & dry utilities at site.
The full interchange Highway 99 overpass, a natural resting spot for travelers and commuters to and from some of the California destinations such as Yosemite National Park, San Francisco, Sacramento, Santa Cruz, Monterey, Pismo Beach, Santa Barbara & Los Angeles. Excellent retail strip center, big-box site, fast food, fuel station, hotel, super market shopping center, lodging, restaurant, freeway-oriented hotel, Vehicle Sales. Parcel is offered for sale, ground lease, lease w/ option, seller-carry, etc.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Fast Food
  • Hotel
  • Service Station
  • Supermarket
Total Lot Size 2.96 AC
Zoning CG

1 LOT AVAILABLE

Lot

Price $650,000
Price Per AC $219,594.59
Lot Size 2.96 AC

DESCRIPTION

Parcel is located on W Olive Ave in between N Marks Ave and N Valentine Ave on the North side of street. Strategically located within minutes of the CA State Highway 99 & Olive Ave in Fresno, CA. Parcel is North of Belmont Ave, South of W McKinley Ave, East of N Valentine Ave and West of N Hughes Ave.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
449-060-56
Land Assessment
$691,692
Improvements Assessment
$0
Total Assessment
$691,692
  • Listing ID: 20188998

  • Date on Market: 7/7/2020

  • Last Updated:

  • Address: 3048 W Olive Ave, Fresno, CA 93722

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