1824 W Olive Ave

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1824 W Olive Ave

fresno, CA 93728
Asking Rate
Contact for rate
Asset Type
Land
Class
Class B

What's Special

1824 West Olive Avenue is located in the Tower District periphery of Fresno, California. The neighborhood features a mix of established residential pockets and local commercial corridors. The property offers direct frontage on West Olive Avenue, a primary east-west artery, providing visibility and straightforward access to Highway 99 approximately one mile to the west. Local amenities include various retail services, eateries, and public transit stops within walking distance, supporting consistent regional connectivity. Given the zoning and location, this land is suited for light commercial development, professional office space, or specialized service facilities. The site profile aligns with the needs of owner-users or developers looking for infill opportunities in a high-traffic urban corridor. Potential tenants or buyers typically include local service providers, medical practitioners, or small-scale retail operators seeking a central location with proximity to both downtown Fresno and residential populations.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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