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704 N Fresno St - Commercial Land 0.34 Acres of Commercial Land Offered at $220,000 in Fresno, CA 93701
Investment Highlights
- Located along a high-traffic corridor ensuring strong daily exposure.
- Favorable positioning for retail, service, and medical development.
- Accessible location within short distance to downtown Fresno and major highways.
- 0.34-acre parcel zoned for multiple commercial purposes.
- Opportunity Zone designation offers potential tax incentives.
- Flat, vacant land ready for immediate planning and development.
Executive Summary
The 0.34-acre parcel delivers excellent street visibility and is zoned for commercial use, making it well-suited for a variety of development options such as a gas station, market, strip center, or medical office facility. Its location serves a busy urban trade area with steady vehicular flow, providing strong potential to capture consumer demand.
Property Facts
| Price | $220,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.34 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R-1 - Commercial Vacant Land | ||
| Price | $220,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.34 AC |
| Opportunity Zone |
Yes |
| Zoning | R-1 - Commercial Vacant Land |
1 Lot Available
Lot
| Price | $220,000 | Lot Size | 0.34 AC |
| Price Per AC | $640,279.39 |
| Price | $220,000 |
| Price Per AC | $640,279.39 |
| Lot Size | 0.34 AC |
704 N Fresno Street offers an investment opportunity in a high-traffic corridor within central Fresno.
Description
The property sits in an Opportunity Zone, allowing investors to explore favorable tax benefits when developing or improving the site. Situated near key city thoroughfares, this site ensures fast connectivity to downtown Fresno and regional routes. Demand drivers in the area include abundant residential neighborhoods and local businesses that contribute to consistent traffic volume. This parcel represents a competitive acquisition for developers looking to capitalize on Fresno’s ongoing growth and redevelopment momentum.
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 452-244-19 | Improvements Assessment | $0 |
| Land Assessment | $63,672 | Total Assessment | $63,672 |
Property Taxes
Parcel Number
452-244-19
Land Assessment
$63,672
Improvements Assessment
$0
Total Assessment
$63,672
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704 N Fresno St - Commercial Land