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8715 N Chestnut Ave - Chestnut Development Opportunity 2.2 Acres of Residential Land Offered at $2,400,000 in Fresno, CA 93720

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INVESTMENT HIGHLIGHTS

  • GREAT RENTAL AREA to drive 100% occupancy
  • Located in a well-established part of Northeast Fresno—close to schools (Maple Creek, Kastner, Clovis West), parks, and community amenities
  • Approved permit and plans for 32 units provide a major head start on development?
  • Easy driving access to Highway 168 and key Fresno corridors

EXECUTIVE SUMMARY

Discover an exceptional development opportunity at 8715?N?Chestnut?Ave, nestled in the thriving Northeast Fresno neighborhood. This sprawling 2.20-acre parcel, currently zoned RS-4, is approved for 32 multifamily units and comes complete with ready-to-go building plans—making it ideal for investors or owner-users seeking scale in a prime location

PROPERTY FACTS

Price $2,400,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 2.20 AC
Zoning RS4 - residential multifamily allows for townhomes or small apartments

1 LOT AVAILABLE

Lot

Price $2,400,000
Price Per AC $1,090,909.09
Lot Size 2.20 AC

Approved development for 32 multi-family units! Excellent investment opportunity. Per-Acre Price: ~$1,090,909

DESCRIPTION

APPROVED FOR 32 UNITS /WITH PLANS

  • Listing ID: 36712117

  • Date on Market: 7/12/2025

  • Last Updated:

  • Address: 8715 N Chestnut Ave, Fresno, CA 93720

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