2261 Lungren Court - Commercial LAND FOR SALE


Kingsburg, CA 93631 90,605 SF
$615,000 USD
310-909-5485
2261 Lungren Court, Kingsburg, CA for Sale
$615,000 USD
Commercial LAND - FOR SALE
1/3
90,605 SF

2261 Lungren Court
Kingsburg, CA 93631


HIGHLIGHTS

  • Highly Visible Potential Development Site along CA-99 in Kingsburg, CA
  • Over 2 AC of CH Highway Commercial Land with Many Potential Uses Including: Casual Dining, Drive Thru, Hotel, Car Wash, Retail
  • High Traffic and Visibility with over 63,000 Cars Per Day on Hwy-99
  • The City of Kingsburg has Numerous Incentives for New Development, Including Reduced Fees, Tax Rebates, and Expedited Approvals
  • Originally Planned for Hotel Use

OVERVIEW

Ovaness-Rostamian Group of Marcus & Millichap has been chosen to exclusively market for sale a highly visible potential development site along California State Route 99 in Kingsburg, California. The opportunity comprises of 2 acres, or just over 90,000 square feet. The land is zoned CH Highway Commercial which allows for your next casual dining spot, drive through, hotel, car wash or any other number of large format businesses with a view from CA Highway 99. With over 63,000 average daily drivers, Kingsburg is just 20 mins south of the city of Fresno and halfway between Sacramento and Los Angeles. Known as the Gem of the Valley, it is home to the Swedish Coffee Pot Water Tower and Public Park, and the World’s Largest Box of Raisins. NEW DEVELOPMENT INCENTIVES The City of Kingsburg currently has five incentives for new development: • 25% Reduction in the City’s Capital Facilities Fees • 50% Rebate of the City’s Portion of Real Estate Property Taxes for Three Years • 50% Rebate of the City’s Portion of Sales Taxes for Three Years • 21 Day Administrative Approval for Permitting • A Reduction or Elimination of City Fees Under Certain Criteria

FOR SALE DETAILS

PRICE

$615,000 USD

PRICE/ACRE

$295,676/AC

PRICE/SF

$7 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Development Land Off HWY-99 with 63,000+ VPD

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

2.08 AC

LAND SF

90,604 SF

OFFSITE IMPROVEMENTS

-

ZONING

CH

APN/PARCEL ID

394-042-05

ASK ABOUT THIS PROPERTY

Blake RobinsonMarcus & MillichapMore Info
310-909-5485

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Blake RobinsonMarcus & MillichapMore Info
310-909-5485

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.