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2516 S Elm Ave
Fresno, CA 93706
±0.41 Acres of Land off CA-41 in Fresno, CA · Land For Sale · 0.41 AC

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INVESTMENT HIGHLIGHTS

  • ±0.41 Acres (±17,940 SF) of Semi-Custom SFR/Multifamily Development
  • Adjacent ±10.18 Acre Lot Also Available - Together or Separate
  • Located In a High Rental Demand Market
  • Free And Clear Parcel Ready For Developers Concept
  • Regional Retail Developments Just Minutes Away
  • Allows Reduction in Minimum Setbacks & Street Improvements

EXECUTIVE SUMMARY

Prime semi-custom SFR/multifamily development land totaling ±0.41 Acres (±17,940 SF) off Elm Ave in Fresno, CA. The parcel is located at the Intersection of Elm Ave and Jensen Ave, leading to easy access into all major retail hubs in both Fresno and Clovis within a 20-minute drive time. Existing paved roadways including Grove Ave and Church Ave leading to the property from neighboring developments are in place and the land is a blank and clean canvas for flexible concepts. Less than .5 miles of CA-41 on/off ramps providing easy access to Friant, Madera, Clovis, Millerton, Sanger, Fowler & many others! SFR development is consistent with the land use (adjacent parcel & across the street), is within the holding capacity, conforms to all policies, avoids traffic congestion, and is ready for flexible concepts. This parcel is located in a fantastic area for residential and multi-family housing due to the close proximity to many surrounding schools. Offers many nearby commercial amenities as well as multiple newly developed apartment complexes such as Legacy Commons, Martin Luther King Square Apartments, Summercrest Apartment Homes, Geneva Village, Westgate Gardens & many others! An additional ±10.18 acre property is also available – contact agent for more details!

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.41 AC
Opportunity Zone Yes
Zoning CMX - Center Mixed Use

1 LOT AVAILABLE

Lot

Price $309,895 CAD
Price Per AC $755,840.87 CAD
Lot Size 0.41 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
479-020-33
Land Assessment
$91,580 CAD
Improvements Assessment
$0 CAD
Total Assessment
$91,580 CAD
  • Listing ID: 34508462

  • Date on Market: 2025-01-16

  • Last Updated:

  • Address: 2516 S Elm Ave, Fresno, CA 93706

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