386 Ashlan AveClovis, CA 93612

Property Details for 386 Ashlan Ave

Year built

2005

Construction

WOOD

Lot size

0.59 AC

Property size (Sq ft)

10,800 SF

Zone code

C2

Property type

Retail properties

Property subtype

Retail space

APN

493-170-52

APU

49317052

Description

This exceptional single-tenant retail property, located at 386 W Ashlan Ave in Clovis, California, 93612, presents a fantastic investment opportunity. Situated at the prominent intersection of Ashlan and Peach Avenues, this 1,200 square foot space benefits from high visibility and convenient access. The property is zoned C2, making it suitable for a variety of retail uses. Its strategic location within a busy retail center surrounded by numerous offices ensures a consistent flow of potential customers. The building itself is a strip center configuration, offering excellent storefront exposure. This property is ideal for a business seeking a well-located, single-tenant space in a thriving Clovis commercial area. The address is easily accessible from major thoroughfares, providing convenient access for both customers and employees. Given its prime location and single-tenant occupancy, this property offers a unique opportunity for immediate occupancy and streamlined operations. The property's size is perfectly suited for a variety of retail businesses seeking a manageable and highly visible location. This is a rare opportunity to acquire a well-positioned retail space in a desirable Clovis commercial corridor. The surrounding area boasts a strong concentration of businesses and residential areas, ensuring a robust customer base.

• CAP approach

  CAP return

  Valuation

  6%

  $3,484,547

  6.5%

  $3,216,505

  7%

  $2,986,754

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,001,888

  Geo Method

  $7,590,814

• Alternative Use

  Use

  Valuation

  Residential

  $2,713,242

  Hospitality

  $2,485,315

  Educational

  $2,067,753

  Medical

  $2,138,866

  Retail

  $3,216,505

Location Insight

City

Clovis

County

Fresno

State

California

Latitude

36.792

Longitude

-119.716

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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