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4516 N Chestnut Ave 1.25 Acres of Commercial Land Offered at $597,568 CAD in Fresno, CA 93726
Executive Summary
Located at 4516 N Chestnut Ave in Fresno, CA, this 1.25-acre parcel presents an excellent multifamily development opportunity within the RM-1 zoning designation. With an allowable density of 12-16 dwelling units per acre, the site can accommodate 17 apartment units, making it ideal for developers looking to capitalize on Fresno’s growing housing demand. Positioned in a well-connected area, the property offers convenient access to major roadways, essential amenities, and employment centers, enhancing its desirability for future residents and investors alike.
Property Facts
| Price | $597,568 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 1.25 AC |
| Property Type | Land | ||
| Zoning | RM-1 | ||
| Price | $597,568 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 1.25 AC |
| Zoning | RM-1 |
1 Lot Available
Lot
| Price | $597,568 CAD | Lot Size | 1.25 AC |
| Price Per AC | $478,054.58 CAD |
| Price | $597,568 CAD |
| Price Per AC | $478,054.58 CAD |
| Lot Size | 1.25 AC |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 430-381-31 | Improvements Assessment | $0 CAD |
| Land Assessment | $410,498 CAD | Total Assessment | $410,498 CAD |
Property Taxes
Parcel Number
430-381-31
Land Assessment
$410,498 CAD
Improvements Assessment
$0 CAD
Total Assessment
$410,498 CAD
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SVN | Clovis Commercial
4516 N Chestnut Ave
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