2487 South Walnut Avenue

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2487 South Walnut Avenue

Fresno, CA 93706
Asking Price
$250K
Asset Type
Residential Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 2487 South Walnut Avenue in Fresno, California.
  • Property features 3.27 acres of land available for purchase.
  • This asset is classified as retail with residential potential.
  • The site is currently listed for sale at 250000 dollars.
  • Development opportunity suited for residential use in the San Joaquin Valley.

What's Special

The Fresno market serves as the commercial and agricultural hub for California's San Joaquin Valley, offering a strategic position within the state's central region. This 3.27-acre retail property at 2487 South Walnut Avenue presents a development opportunity in a growing area. The site provides significant land area suitable for residential development projects, allowing for diverse planning and construction possibilities. With its positioning in a well-connected suburban environment, the parcel is positioned to serve the needs of local residents and the expanding population base in the city of Fresno. Investors and developers can explore various residential configurations on this site to capitalize on current housing demands in the Central Valley. The layout and scale of the acreage facilitate functional planning for housing projects, potentially increasing the utility of this strategically located asset. Its accessibility and size make it a practical choice for firms seeking to establish or expand a footprint in this part of California.

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NOI
$80,000
Cap Rate
32.00%
DSCR
5.39
Strong
Cash-on-Cash
86.88%
Monthly Payment
$1,236.864
Annual Cash Flow
$65,157.637

Location & Travel Times