2516 South Elm Avenue

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Address: 2516 S Elm Ave, Fresno, CA 93706, USA
California & West + Land/Development
Created date: January 16, 2025
Date last updated: September 14, 2026
Price: $225,000Investment Analyzer NEW!
  • ±0.41 Acres (±17,940 SF) of Semi-Custom SFR/Multifamily Development
  • Free And Clear Parcel Ready For Developers Concept
  • Adjacent ±10.18 Acre Lot Also Available - Together or Separate
  • Regional Retail Developments Just Minutes Away
  • Located In a High Rental Demand Market
  • Allows Reduction in Minimum Setbacks & Street Improvements
  • Situated Near Existing Newer Semi-Custom Housing Developments
  • Shovel-Ready w/ Utilities @ Site & Within Opportunity Zone
  • Easy Access & Multiple Entrances/Exits | Convenient Highway Access
  • Convenient and Close Access to Highway 99 & 41
  • Near Major Corridors servicing College, Airport, Downtown, & Schools

Property Description

Prime semi-custom SFR/multifamily development land totaling ±0.41 Acres (±17,940 SF) off Elm Ave in Fresno, CA. The parcel is located at the Intersection of Elm Ave and Jensen Ave, leading to easy access into all major retail hubs in both Fresno and Clovis within a 20-minute drive time. Existing paved roadways including Grove Ave and Church Ave leading to the property from neighboring developments are in place and the land is a blank and clean canvas for flexible concepts. Less than .5 miles of CA-41 on/off ramps providing easy access to Friant, Madera, Clovis, Millerton, Sanger, Fowler & many others! SFR development is consistent with the land use (adjacent parcel & across the street), is within the holding capacity, conforms to all policies, avoids traffic congestion, and is ready for flexible concepts. This parcel is located in a fantastic area for residential and multi-family housing due to the close proximity to many surrounding schools. Offers many nearby commercial amenities as well as multiple newly developed apartment complexes such as Legacy Commons, Martin Luther King Square Apartments, Summercrest Apartment Homes, Geneva Village, Westgate Gardens & many others! An additional ±10.18 acre property is also available – contact agent for more details!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $225,000
Lot Size: 0.41 Acres
Opportunity Zone: No
Property Website Click Here
Address: 2516 South Elm Avenue, Fresno, CA 93706, USA
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Step 4Final Deal Analysis

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