Residential Land For Sale
$3,495,000
2860 N Locan Ave
Fresno, California, United States
Listed By: Realtyww Info
Listed On: 09/11/2024
Listing ID: GL11240757 View More Details
Description
This outstanding 9.85 acre vacant land opportunity, located within Fresno County records, presents a unique investment opportunity in a high-growth area. Situated in Growth Area 2 as per Figure IM-2 of the Fresno General Plan, the property is currently designated as Residential - Urban Neighborhood, allowing for a density range of 16-30 dwelling units per acre.The land is part of the Southeast Development Area Specific Plan, which is still in draft form. This plan proposes to change the land use designation to Mixed Residential, offering an expanded density range of 8-60 dwelling units per acre. While the current application does not align with either the existing or proposed land use, the potential for prime residential development is immense. Located within the city of Fresno's sphere of influence, this parcel is in the path of growth and is currently zoned AE20. Don't miss out on this fantastic investment opportunity! Contact the agent to set up an appointment or for any questions.For more details:
Listed by: Nancy Vartanian