174 Shaw AveFresno, CA 93710

This exceptional 4.83-acre land parcel presents a remarkable opportunity for multifamily development in Fresno, California. Located at the high-traffic intersection of Shaw Avenue and Highway 41, this property boasts a prime location with significant development potential. The site is zoned RMX, allowing for a variety of uses, including multifamily residential and hospitality. Preliminary estimates suggest the potential for 200-400 residential units, depending on any applicable density bonuses. The property's strategic positioning is further enhanced by its proximity to a planned Class A retail development, creating a synergistic mixed-use environment. This offering presents flexible investment options, including joint venture partnerships or ground lease opportunities, tailored to meet diverse investment strategies. The address is 174 E Shaw Ave, Fresno, CA 93710, with APN numbers 418-080-85, 418,080, and 418,080-83. The city of Fresno has indicated approval for both multifamily and hospitality projects. This is a unique chance to participate in the ongoing transformation of Fresno's vibrant urban landscape. The property's size and zoning provide a solid foundation for a substantial and lucrative development project.