±0.41 Acres of Land off CA-41 in Fresno, CA

2516 South Elm Avenue Fresno, CA 93706

2516 South Elm Avenue, Fresno, CA, 93706
2516 South Elm Avenue, Fresno, CA, 93706 2516 South Elm Avenue, Fresno, CA, 93706 2516 South Elm Avenue, Fresno, CA, 93706 2516 South Elm Avenue, Fresno, CA, 93706 2516 South Elm Avenue, Fresno, CA, 93706 2516 South Elm Avenue, Fresno, CA, 93706
FOR SALE
Property Type:
Other Land
Amount:
$225,000
Last Verified:
Nov 04, 2025

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Highlights

  • ±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

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!

This parcel is located just off Highway 99 and 41 - north of E Jensen Avenue, east of SMLK Jr. Blvd., south of E Church Avenue and W of S Elm Street in Fresno, California. The site is close to downtown Fresno and Fresno's industrial/manufacturing development area with many daytime employees. Fresno, California is the fifth largest city in the state and is located in the heart of the San Joaquin Valley. It is a vibrant city with a diverse population and a thriving economy.

Lot Size: 0.41 acres


Documents

2516 South Elm Avenue, Fresno, CA 93706 Flyer

Map of 2516 South Elm Avenue, Fresno, CA, 93706

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.