Rare opportunity to purchase 4.55+- Acres located in the vibrant city of Fresno, within the Opportunity Zone and with an entitlement for a 130-Units apartment building complex. The 4.55+- Acres consists of 4 parcels, APN(s); 463-090-57, 463-090-59, 463-090-28, and 463-090-28, and has the following addresses: 144, 158 and 174 S Peach Ave. All 4 parcels are zoned RM-2 Residential Multi-Family Urban Neighborhood (32-38 units/acre). The city of Fresno has issued entitlement for a 130 units apartment complex project which includes five 3-story building (1 Bedroom-47 units, 2 Bedroom-71 units and 3 Bedroom-12 units, surface carport parking). Centrally located it is down the street from Highway 180 and is a short drive to several employers such as Fresno Yosemite International Airport (6 mins), Amazon Distribution Centers (12 mins), Ulta Beauty Distribution Center (13 mins), and many more local businesses. The Fresno Area Express (FAX) system provides travel all over the city of Fresno and Clovis and has a transit route directly in front of the subject property on Peach Ave. This enables easy travel to commercial centers, recreational parks, and resources such as River Park Shopping Center, Fashion Fair Mall, River Crossing Shopping Center, , Woodward Park, community and state colleges, Clovis Crossing Shopping Center, walking trails, medical centers, and more! With many consumers relocating to Fresno the need for housing is at an all time high. Don’t miss this great opportunity!
Property Details
Price:
$1,475,000
MLS #:
585056
Status:
Active
Baths:
0
Type:
Land
Subtype:
Apartment
Neighborhood:
727
Listed Date:
Sep 12, 2022
Lot Size:
198,198 sqft / 4.55 acres (approx)
See this Listing
Schools
School District:
Fresno Unified
Interior
Exterior
Financial
Map
Community
- Address174 S Peach Avenue Fresno CA
- CityFresno
- CountyFresno
- Zip Code93727
Market Summary
Property Summary
- 174 S Peach Avenue Fresno CA is a Land for sale in Fresno, CA, 93727. It is listed for $1,475,000 and features 5 acres.
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