Description

We are offering 1824 W Olive in Fresno, California, for sale at $1,000,000. The property is approximately 1.26 acres (about 54,886 square feet) of shovel-ready retail development land. That works out to about $793,651 per acre. The site is zoned NMX (Neighborhood Mixed-Use) and carries Assessor's Parcel Number 449-231-27.

The pad sits directly between McDonald's and KFC and can support two quick-service restaurants with drive-thrus or another retail use. Off-site improvements, including utilities, curb, gutter and paving, are complete. The parcel has about 239 feet of Olive Avenue frontage and a depth of 230 feet, and ownership will also consider a ground lease.

The site is just west of the Olive Avenue exit from Highway 99 on the north side of the street, on one of West Fresno's major east-west corridors. Rally's, Sinclair, Ambassador Inn and Suites, Denny's, Motel 6, Family Dollar and Chevron are all nearby, and national tenants line both sides of the property. Fresno is in Fresno County, part of the Fresno metropolitan area. The intersection is highly visible, with ample parking, easy access and many existing and planned developments nearby.

Jared Ennis and Kevin Land of Central CA Commercial represent this offering on behalf of ownership. We are glad to share the full offering memorandum, along with additional photos and property details, and to answer questions about the property and the surrounding area. Contact us to discuss the opportunity or to schedule a tour.