Description

We are offering Lungren Court in Kingsburg, California, for sale at $770,000. The property is approximately 2.08 acres (about 90,605 square feet) of highway commercial development land. That works out to about $370,192 per acre. The site is zoned Commercial and carries Assessor's Parcel Number 394-042-05.

The parcel sits in the cul-de-sac of Lungren Court off Ventura Court, and the price was recently reduced by $125,000. The site suits a hotel, mini storage, fast food, a fuel station, a restaurant or another commercial use, and the Kindred Lakes Hospitality hotel under way next door is expected to add activity. Highway visibility and the nearby hotel project make the parcel a natural fit for travel-oriented uses.

The land is just west of Highway 99 at the Sierra Street exit, where a recently upgraded full interchange brings about 163,878 cars per day past the area. Existing and planned restaurants, retail, office and industrial projects surround the exit, and the site is about a mile east of the newest growth area in town. Kingsburg is in Fresno County, part of the Fresno metropolitan area.

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.