4737 Florence AveFresno, CA 93725

Property Details for 4737 Florence Ave

Year built

1959

Construction

TYPE NOT SPECIFIED

Lot size

10.00 AC

Property size (Sq ft)

10,490 SF

Zone code

RS5

Property type

Commercial land

APN

480-080-03

APU

48008003

Description

This exceptional 10-acre parcel, located at 4737 E. Florence Ave, Fresno, CA 93725 (APN 480-080-03), presents a unique opportunity for residential development. Previously used as a truck terminal, all existing structures have been removed, and the property will be delivered environmentally clean. Currently zoned RS-5, the City of Fresno is actively processing a zoning change for this area, with projected final approval anticipated. Developers can proactively engage with the city to submit site plans for proposed buildings, contingent upon a written agreement. The City of Fresno has expressed a recognized need for affordable housing in the area, making this land particularly attractive for projects addressing this demand. The 10± acre lot offers significant potential for a substantial residential development. Adjacent land is also available for purchase, providing the possibility of an even larger-scale project. This prime location in Fresno County offers developers a chance to capitalize on the city's commitment to expanding residential options. The property's clean slate and the city's proactive approach to zoning make this a compelling investment opportunity. The asking price for this remarkable property is $1,742,400.

• Alternative Use

  Use

  Valuation

  Residential

  $1,702,190

  Hospitality

  $1,559,197

  Educational

  $1,297,234

  Medical

  $1,341,848

  Retail

  $2,017,919

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.7196

Longitude

-119.739

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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