2261 Lungren Ct. Kingsburg, CA 93631
Kingsburg Land
Price:
Land Price / SF:
$615,000
$6.78
APN:
394-042-05
Land Area:
Zoning:
90,604 SF
CH Highway Commercial
Status:
Available
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
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.
ORBELL OVANESS
Senior Vice President
Managing Partner
Office: Los Angeles
Direct: (213) 943-1822 orbell.ovaness@marcusmillichap.com
License: CA 01402142
ARA H. ROSTAMIAN, MRED
Vice President
Managing Partner
Office: Los Angeles
Direct: (213) 943-1781
ara.rostamian@marcusmillichap.com
License: CA 01814678
BLAKE ROBINSON
Investment Associate
Office: Los Angeles
Direct: (310) 909-5485 blake.robinson@marcusmillichap.com License: CA 02211973
TONY SOLOMON
Broker of Record
23975 Park Sorrento Suite 400, Calabasas, CA 91302
License: CA 01238010